Vezt: Invezt in your playlist - A new idea that lets fans share ownership with artists in their favorite songs!

The main goal of Vezt is to let music fans share ownership with artists in their favorite songs, investing on their music.
The idea is not small at all: they want to totally change the music industry.

"We believe that music is one of the few mediums that can literally transform life. It can provide solace and comfort to those hurting or in need, joy and excitement to an experience or event, and even has the ability to transcend time and space with the emotional nostalgia that hearing a favorite song can trigger in one’s mind. It’s powerful and magic and we think it’s worthy of our efforts to provide its creators with the ability to be fairly and transparently compensated for their work and talent." - Co-founders Steve Stewart and Robert Menendez

As you can see from the video, the app looks quite clean and easy to use what in my opinion gives a huge bonus point to them if compared to other ICO's and new projects without a working product.

Let's see what Jeremy Haynes think about it:

Gives a clearer vision of the project, right?

$VZT sell starts on Friday, November 3, 2017
the Token Generating Event (TGE) is open to non-US purchasers only.
And tokens are declared to be as utility tokens for use on the Vezt platform only and are not securities.

this is the estimated distribution:
50% sold in Private & Public Token Generating Event, 35% held by Vezt Inc. for platform development, 10% reserved for partnerships, marketing & PR, etc., 5% for Advisors & Consultants
And they aim to have a max hard Cap of $15MM USD.
Total coin supply is 125 million VZT.
Vezt is based on Ethereum as an ERC20 token and secured by a escrow multisig 3/4 wallet.

One thing that I find quite interesting is that they want to have a working product already by the end of 2017 and to fully implement the possibility of artists being able to sell %s of their music royalties for fans, friends, rights-buyers and brands by Q1 2018.

You can understand even better how it works on their medium article released in mid-september and of course, don't mind asking them!

Make sure to check their ann on bitcointalk, follow them on Twitter, see their other videos on youtube and of course check their whitepaper
They also have a bounty campaign going on! ;)

Remember: always do your own research and never invest more than you can afford to loose!

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