A new way for fans and music artist to connect
Music is one of the main entertainment for many of us. That’s why it’s one of the biggest entertainment industry. Most often than not music artists are not getting for they deserve, according to some studies only between ten to twelve percent are getting paid to the music artist, most of the payment will go to the cost of platforms, producers and distributors of an album or a song. With the modern technology we can listen to the new song via streaming, yet music artist from nineties are getting more revenue compare today. Artist is getting paid more before when we are buying compact disk disc than streaming it online. On recent studies from 2005 to 2015 music industry drops five billion dollars’ worth of revenues despite more user listening revenues are getting smaller. We had more convenient buying songs today than before but as a consequence music artist will get fewer revenues than before. Perhaps the main reason for declining sales is piracy, we can download and copy songs easier now compare than before.
Now we know the issues of our music artist I saw a network that will help our musicians, introducing Muzika “transforming the music world through blockchain closing the Gap between Music Artists and fans”. Muzika aims to lessen or remove profits from distributor, producers, and platform that will make music artist to gain more profits. Muzika is a free to use platform for music artist, “free” means no commissions or profit will be deducted from musicians that’s why musicians will get 90% of the profit using Muzika. Unlike other ICO’s they will start with proven service just they will improve it the platform behind Muzika is Mapiacompany Inc. the biggest and first online piano music platform in South Korea with more than two million users. It’s a good start since forty percent of South Korean’s are music streaming subscriber, highest among all nation.
Features of Muzika network:
- Self-sustaining, Muzika platform will be complete and all the needed activities needed for a music platform will be available. Like comments, brainstorming, feedbacks, and others.
- A market for musical mechanize and service
- Patrons and sponsorships, any user can sponsor artist that they support as a reward for their sponsorship they will be given some benefits on the platform that exclusively for sponsors.
- Musical contest programs, Muzika knows some talent may be hidden in the platform some auditions for the musical contest might be held in the platform
- Live streaming for events like concerts
- Streaming music
The ecosystem on Muzika platform
- Muzika will follow a Steemit like features will be in the platform live voting and voting power will be seen in the platform. Users can vote for auditions or song postings.
- Blockchain and smart contracts will be used for copyrights contents in the platform.
- Loyalty programs, users who use more the platform will get loyalty points. Loyalty points will be one of the computation for voting power, Loyalty points can be converted into MZK.
Token details:
Token name: Muzika
Symbol: MZK
Token type: ERC20
Total supply: 1 billion MZK
for more details:
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Author: gawer33
0x438D969c5169dA5AEeb871D5df297eF0259f54c8