MUZIKA — Transforming the Music World through Blockchain
The development of the music world daily progresses rapidly. The artists loved by everybody and flocked to create a new music. Coupled with the many music platforms with several types of convenience to advertise their music. Music streaming that must not be published helps promote music. Streaming audio is like two sides of a coin. Could be positive and negative means. If the streaming is illegal where musicians will not benefit.
Fans (that is us) are still pigeonholed as customers, though we’re the individuals who really make super-stars! We dedicate our time and effort create cover tunes, to vote, go viral, and write fictions to our musicians, but nobody rewards our commitment and effort. Intermediaries ({distributors and platforms|platforms and suppliers }) are {making|earning} excessive profits for {one|a single} time and unsophisticated {tasks|activities} of’{transferring|moving}’ the {ready-made|readymade} values.
The transformation of the audio industry over the last twenty years has been innovative yet hard. As lovers have more easy access the variety of choices makes streaming solutions more valuable. It appears logical to presume that artists themselves could have returns as the marketplace continues to expand at a speed that is fast, and funding continues to flow to the audio market. In fact, but issues of piracy, the occurrence of middlemen, and the imbalance of the gain distribution arrangement are still deny artists their fair share. They’re currently getting a proportion of earnings from 10% to 20 percent of customers’ payments. Artists are not compensated for their own creations while programs labels, vendors, and publishers can gain in the transformation. To sustain the growth in the digital audio marketplace, this chasm concerning compensation between middlemen and celebrity ought to be filled.
We firmly believe that the solution lies in the establishment of a self-sustaining, symbiotic music community in order to move the current power structure towards decentralization. We will create a new digital music ecosystem that can autonomously achieve repeated cycles of production and distribution, and allow for the consumption of musical creations, as well as reform the digital music industry’s income distribution hierarchy. Fortunately, Muzika is not starting from scratch. This ecosystem is built on the backs of our existing two million active users across 150 nations, who passionately exchange their own musical ideas, share performances, compose beautiful original pieces, compete in good faith, and trade various digital forms of music. Through years of experience, we have learned the precise way in which to build a community run by loyal and incentivized individuals.
What is the Muzika coin?
The Muzika coin (“MZK”) was Intentionally designed to Assist in the Accomplishment of the mission to Make a fresh ecosystem in a great number of ways. Our group drew on inspiration community of two million consumers, are a few of the bases of the ecosystem. Steemit’s community construction design, Together with our own model of building a music that is vibrant community, that has been in a position to substantialize the assignment outlined in their whitepaper.
4 major functions of MZK
Community building: In order to be genuinely self explanatory, the Muzika ecosystem will contain all the necessary functions and actions. These range from exchange of opinions creative brainstorming, and much more.
Means of transaction for commercial services and items: Streaming a sheet music marketplace, services, musical instruments, recording solutions and more all will be accessible through Muzika.
Sponsorships chances: artists may be sponsored by Users and eventually become their patrons in various ways including regular subscriptions. As users, patrons can enjoy exclusive products, solutions, and opportunities to participate in the creative process of a musical item.
Community programs: events and Community programs such as auditions, contests, events that are live-streaming, and Other such activities is going to be a focal point of Muzika
Token Detail
Token Symbol : MZK
Total Supply : 1,000,000,000 MZK
Total Token Sale : 250,000,000 MZK
HardCap : 20,000 ETH
So, why Muzika ?
Music blockchain jobs have overlooked the value of a userbase to reach broad scale adoption. These projects have shown it is possible to provide artists to get their work a higher commission fee with Smart Contract transactions. For musicians, the cost rate provided streaming were more appealing than blockchain programs. Case in point was more preferable to commissions of $1.
Muzika intends to supply that the best of both worlds: a much commission rate because of a consumer base and their material to musicians. For incentivizing lovers to donate to the Muzika ecosystem muzika has developed a system. These incentives will construct the user base required for Muzika to supply artists with commissions. The system effect in the user base that is mass is going to be the key to creating an ecosystem. To put it differently, musicians can be provided by Muzika with 90 percent of 1,000.
Conclusion
With the advancement of the music world and crypto currency. Muzika is a very good bridge in combining the two. Where Muzika will provide a win-win solution for musicians, producers, and fans. all embraced well by Muzika. Coupled with MZK Coin, which will facilitate all transactions on the Muzika platform. So there is no reason to not follow the Muzika project. Immediately join the Muzika project.
All information about the project Muzika can only be obtained from the official websites below :
Website : https://www.muzika.network
Whitepaper : https://www.muzika.network/assets/mzk-whitepaper-en.pdf
Telegram : https://t.me/muzika_english
Facebook : https://www.facebook.com/muzikanews/
Twitter : https://twitter.com/muzika_official
Author :
BTT profile link : https://bitcointalk.org/index.php?action=profile;u=1937840
