Inmusik - Global Music Economy on Blockchain

in blockchain •  6 years ago  (edited)

About Inmusik

Inmusik is an ecosystem based on a blockchain database that supports the music industry, streaming, and social interaction, with cryptocurrency rewards and a financial framework on which future music industry applications can be built.

Currently, the music industry has centralized business management among performers and musicians. The label firms are looking for young talents, producing, releasing albums and placing them in popular playlists and music charts among users. The downside of this method is a significant risk for music companies, as they invest without guarantees that the performer or musician will be accepted by the audience.

Another big problem for the music industry was piracy. The emergence of a global network, with all its capabilities, led to a massive development of plagiarism. Ordinary people gladly use unimpeded access to world information for free viewing of movies and listening to music, not paying attention to the fact that it is in fact a real theft, which brings huge losses to authors, their sponsors and producers. In the end, it turns out that, despite the huge amount of money in the industry, the authors of works get ten times less than they deserve.

InMusik platform offers equally distributed earning opportunities through rewards to everyone. That means, including listeners, musicians and the performers. $OUND Token is the first ever cryptocurrency of it's kind. The team behind the platform have put everything they got to bring out this completely new and the best kind of maxing out one's creativity in music while earning at the same time. The system is designed to mathematically recognize contributions and automatically pay users, all built on a viable and sustainable business model.

Innovation platform Inmusik is the dependence of the size of the musicians' remuneration on the degree of their value for the fans. The degree of "value" in turn will depend on the attention of the audience. And for users, the innovation will be a reward for activity, which will serve as an excellent incentive for them to choose this platform and benefit Inmusik among its many competitors.

Inmusik with the help of blockchain technologies will solve a number of problems existing in the music industry and will open new possibilities for labels, musicians, and fans:

  • Inmusik will offer online revenue monitoring, automatically distributed payments and increased payments to content owners. In order to create the best copyright management system, Inmusik will cooperate with the world's largest publishers;
  • In the music industry, the unique approach of Inmusik will make it possible to earn many times more. The size of the earnings will depend directly on their popularity on the project. To ensure the fairness of payments, all of their revenues will be tied to the dollar, and the technology of blockchain will allow creating an absolutely transparent and safe payment system;
  • listeners Inmusik will provide an opportunity to earn on the activity and receive tokens for voting, finding new songs, helping musicians. Thus, fans will listen to quality music, express their opinion and get paid for it.

InMusik Platform opens new opportunities to blockchain community
This platform will enable several things in the industry that is not and can not be always possible without the inducement of blockchain technology.

REWARDS SYSTEM AND INCENTIVIZATION
Fans are rewarded for simply being active and listening to cool musics that you love! Finding great new music and helping it surface pays your great efforts. Voting helps great music bring their name too into the public

FAIR PAY-OUT OPPORTUNITIES FOR THE ARTISTS
With the complete decentralization way of the blockchain, Artists earn more because the way and procedure is fair and transparent way and connect directly with fans. Designed for signed and independent artists

FINANCIAL TRACKING
With 3rd generation distributed ledger and smart contracts, every cent of revenue can be easily automated and transparent.

FASTER LIQUIDITY
Faster pay-outs, meaning earned currencies can instantly be withdrawn within your fingertips.

Now a days, millions of people around the world listen to music on a variety of communication channels every day, through streaming services and social networks. Fans actively express their opinion, leaving husky under the notes, comments, dislays. But in real life, the audience's opinion does not particularly affect the development of the creative career of musicians. Appraisals show only the recognition or denial of that or another piece of music by listeners. In addition, it is not financially rewarded in any way. The creators of Inmusik considered it unfair, and decided to provide favorable conditions for the community of music lovers, beginning to reward them for their activity.

Token info

Token $OUND
Platform Ethereum
Type ERC20
PreICO price 1 $OUND = 0.10 USD

BONUS

20% Bonus Token for every token purchased.
Tokens for sale 200,000,000

Investment info

Accepting BTC, ETH, LTC, Fiat
Distributed in ICO 50%
Hard cap 400000000

Roadmap

Q2 2018
Token Private Sale.
Press & Media Network Outreach.
Partnerships & Advisors Onboarding.
Bounty Campaign.

Q3 2018
Token Public Sale.
Wallet Beta Launch.

Q4 2018
Issue of $OUND tokens.
Wallet Full Launch.
Streaming Platform (Web) Beta Launch.
Start of Licensing Structure Development.

2019
Mobile & Web Platform Launch
Enterprise Platform Beta Launch

Team

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#inmusik #ICO #Blockchain #cryptocurrency #presale #TokenSale #startup #BountyCampaign #Investment #Exchange #Crowdfunding

To know more about InMusik Platform, You can visit the following

Website - https://inmusik.co/
Whitepaper - https://inmusik.co/wp-content/uploads/2018/05/inmusik-wp-v1.1.pdf
Twitter - https://twitter.com/InmusikOfficial
Facebook - https://www.facebook.com/WohooInMusik/
Linkedin - https://www.linkedin.com/company/inmusik/
Telegram - https://t.me/inmusik

Author

Forum Username : andal02
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566211
wallet address 0x4832C1D8352841b26577695dEc7B741187D5d1fA

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