Many people like to listen to music, write lyrics to songs, get great pleasure from this process, it helps to relax emotionally, and this is confirmed by the way the musical groups gather the whole stadiums of fans at their concerts, thousands and thousands of people are fanatical devoted to their artists.
Thanks to such events, the organizers and musicians collect good fees for the sale of tickets, and further implemented a considerable number of albums with songs. Content creators have to monetize their work with the help of such intermediaries, which take a large part of the funds received and can reach up to 50-70%.
As a result, the music industry is now run by large monopolistic services, which, although they have large numbers of users willing to pay a lot of money stably, but at the same time the commission reaches up to 90%. The current artists sometimes hard creating a song surely to get a copyright and earn so hard. We have to look for sponsors, spend hundreds of hours in music studios, face ungodly leaders who are able to appropriate their work to themselves.
Newcomers artists have to put up with this situation and you can say to get pennies for their work or not paid at all, only a few are selected from this situation, and talented guys can not realize the dream. But fortunately, this situation is able to change the project called Muzika.
Muzika creates a decentralized platform for direct interaction between music creators, artists and their fans, viewers based on blockchain technology. Thus eliminated intermediaries who can once buy a song from the author and many times to get paid for it.
That is, it is a single platform where the creators will be able to upload their songs, music, get the copyright and immediately be able to implement it to their fans for digital tokens, cryptocurrencies used on the application. This helps to remove copying, digital piracy, transactions are concluded between the participants with the help of smart contracts.
This creates a friendly ecosystem and conditions beneficial to all its participants, users will be able to receive bonuses for loyalty, loyalty to his artist. The main goal of Muzika is to increase the commission to the authors up to 90% and pay only one dollar for a smart contract.
Traditional platforms for various reasons can be limited by the state and blocked, have censorship, Muzika also removes this barrier and allows a person from anywhere in the world to use services, products. This will increase the number of fans of artists several times. The application has already been developed for three operating systems.
The project team has already developed in 2015 a music platform called Mapiacompany, which already has more than 2 million active users from 150 countries and Muzika will start using this database. Unlike other ICOS, there is already a positive experience, the startup members are among the best young entrepreneurs of South Korea.
More information you can find on these links:
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Great platform for content creators!
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Muzika will be able to create this global music platform, I wish only success to the team!
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Quality content, thank you for the work of Aivaryamal, a promising project so I will add it to your portfolio!
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Cool, I have not heard about this project, I think the token rate will grow well, thanks for the useful information!
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