imusify 🎸 Decentralized media platform

I would like to devote my today's review to a sore subject for many creative and talented people. I'm talking about the category of society who creates and is generally involved in the creation of musical content. This topic is very relevant, as there is still no ideal variant of the relationship between its participants, so that each side can coexist harmoniously and get what they want.

All these problems arose when the Internet age began to gain unprecedented popularity and digital content was created by multi-million copies, which in the end meant almost nothing. You just click the mouse button and you are already listening to another track. For us, as a listener, this may not be an obvious problem, but for all musicians this is a very serious problem. Since non-transparent payments, rules and functions of music content management have become, all these problems directly affect the total income of each artist.

As practice shows, many streaming resources, where the musician supposedly has the opportunity to realize his talents and get money for listening to his music, face the harsh realities of life. According to a study conducted in 2017, a million flows generated only $ 5000 for the whole year, and they had to wait another 24 months for this payment. What I think is absurd and completely unacceptable. After all, musicians are the same people as you and I, they have a home, a family, which must be maintained and fed. But how do you order all this to do if everything is now opposed to them? After all, there is no such platform or resource in the world that would help to ensure normal, equal conditions for the interaction of all participants in this industry. At the same time, allow absolutely all users to switch from passive listeners to active users.

History of the project

Year after year, the future founder of today's project, David Walters, asked all these questions. Music is an integral part of his life, when he was 8 years old he began to write his first songs and for many years he went to become a successful musician. But no matter how hard he worked, he never earned much money. All this is not due to the lack of talent, but because of the lack of proper and high-quality resources, the functions of which are directed not at their own enrichment, but at the development of talent and their financial well-being. And then David understood why he himself should not create the very platform within which every talented performer will receive not only a public vocation, but also deserved financial support.

And the idea of imusify was born.

About the project

Imusify is a decentralized platform that allows all fans to directly interact with their favorite performers. Moreover, the ecosystem itself will be available for professionals such as publishers, distributors, managers and others who are involved in the music industry.

The main task of imusify as a platform is that with it you can not only create p2p relationships, but also sell your albums and singles, while retaining the copyright and the right to manage your awards and other royalty. In simple words, imusify will be exactly the place where every performer and musician will find his salvation and find true support in the person of his listener, while he deservedly will find financial well-being for his work. All honestly and without embellishment.

Benefits

Despite the active growth of various decentralized applications, the world has not been offered a high-quality and useful resource, where they could grow and develop, and most importantly directly interact, as is now possible with imusify. After all, the idea of imusify lies in helping talented children, whose passion is music. Just imagine how many millions of talents will be able to open up in front of your audience, and all of them on an equal footing will be able to publish their songs within this ecosystem.

Also, to the obvious advantages of imusify among its indirect competitors, it is possible to reveal its unique and integral state, which is able to integrate the services of a decentralized market and social network 2.0 into a new economically active application. At the same time guarantee a clear and fast state of all digital issues at all stages of scalability, which many Ethereum applications cannot afford.

Moreover, in 2017, imusify received an award for the second place among the top 40 DAPP applications. Many have commented on this project as one of the best DAPPs within which everything is done at the highest level, ranging from highly qualified team members, secure smart contracts and ending with a convenient user interface.

Project Features

Since imusify has a finished product and a very successful start, the development team managed to achieve many new strategic partnerships over the past year. Most of them are representatives of the music industry, while others help automate not only digital content and track IDs, but also support the NEO blockchain.

All this helps to competently build a clear business model that will allow imusify developers to gain a foothold in the music industry forever.

Why blockchain?

Despite the fact that the initial idea of creating a blockchain was largely in its security and transparency, now with its additions in the form of smart contracts, a completely new form of relationship between the system participants became available. These indicators will be able to complement the imusify platform in the best way. Since thanks to them, musicians not only license their content, but also monetize it to the whole world, since we know the decentralized application has the ability to work equidistantly in all corners of our planet.

Details of the ICO

Due to the fact that imusify is based on the NEO blockchain, it has its standardized IMU marker (NEP5). With this token, you can not only reward the musician you like, but also encourage other users of the project. This will be available as the purchase and licensing of content, as well as exchange between the participants of the platform.

A total of 1 billion tokens will be released, according to the developers, this number should be enough to ensure the viability and overall usefulness of the marker. In total, three stages of sales will be allocated, within which 650 million IMU will be distributed. The initial cost of which will be $ 0.05 USD for 1 IMU. You can purchase this coin in any way convenient for you. This can be easily done both via Fiat (EUR, USD) and through the popular cryptocurrencies: NEO, BTC, LTC, ETH, XRP, XMR and others.

The distribution of tokens is as follows:

Conclusion

In fact, in this project there are still hidden a lot of positive characteristics and functions that I did not consecrate in this review, but they should be paid attention to, since they will complement the overall picture of this project. All this you can reveal only with independent and detailed study of technical documentation and official resources imusify.

I also want to note the high degree of preparation of this project and its real advantages. Indeed, it was not for nothing that this project was noted as potentially successful and ready to take its leading position.