Review MUZIKA - Transforming the Music World through Blockchain

in ico •  6 years ago  (edited)

Problem
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Music is first digitized in MP3 form, the audio file format is usually compressed to only 3 to 4 megabytes per song on average. This innovation was provided by all other previous media from music, such as CDs and cassettes, obsolete and changing industries through enabling digital distribution. This has positive and negative effects for musicians. On the one hand, they are now able to release and distribute new music around the world at will. On the other hand, pervasive copyright piracy leads to a consequent decline in music sales, and exorbitant commission distributors, combined to reduce musicians' personal gain.
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Distributors and publishers enjoy ample and long term there is no place to fill other than having a digital song packaged through distributors and publishers.however musicians happy, favourite returns for one-off and non-complex work. The issue of digital piracy remains unresolved.

Fans are hoping to see their beloved musicians happy, however, there is no place to fill other than having a digital song packaged through distributors and publishers.

Solution - Muzika
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Muzika is ready to reverse the sad truth of the music market today’s digital. From A to Z, we will replace the digital adjustment business and redefine the role of relevant market players, including consumers and musicians. The Muzika Coin (MZK) will act as the sole means for all transactions and exchanges needed in new ecosystems, creating a paradigm shift in the digital music industry. .

From a number of sides, Muzika has revolutionized the tracking business by using a proper and impartial digital music ecosystem that would:

  • Removing meaningless intermediaries,
  • Empowering musicians and consumers,
  • Distributed power distribution, and
  • Restore currency stability of distribution among market participants.
    Muzika keeps the promise of the future, where compensation for music creation is proportional to effort and dedication to the creative process.

Investment considerations

The question that most of you will have is that whether this project should be invested in. So, I have listed out some key points for you to take into consideration:

  • The perfect team. The team of Muzika is probably among the most active team that I have ever known. They are They are lead by Inseo Chung - A once aspiring pianist and a 2nd place winner of the National Student Music Competition. After dropping out of high school, he decided against going to college, and instead went on to become an entrepreneur, building an e-commerce startup and a prominent social media marketing agency. He came across the blockchain in 2015 and studied various aspects of its business applications since, while directly taking part in the industry as one of the earlier miners of Ethereum.

  • They already has 2 million dynamic clients
    Not like to many ICOs without confirmation of reasonableness, Muzika isn’t beginning sans preparation. The token economy is firmly based on the backs of our current, benefit. producing, and secretly and freely subsidized business with 2,000,000 dynamic clients and endorsers from 150+ countries and specialists from 30+ countries.

  • Great concept with huge potetiae aaal grow
    Last but not least, the Muzika has a great concept, and it is sure to give artists a higher level of commission for their work using Smart Contract transactions. However, for artists, the low commission rates offered from traditional music streaming applications that have a large user base are more attractive than blockchain applications using Smart Contract transactions. For example, a 10% commission of $ 1,000 from iTunes is preferable to a 90% commission of $ 1 from a Smart Contract transaction.

In conclusion

Muzika’s concept can be readily understood by everyone which contributes to the development of the data economy. From a range of difficulties and solutions offered in the way of Muzima, I courageously invite you to this groundbreaking project.

I am sure that I, you and all of us will feel the benefits of the back of the greatness and greatness that Muzika has applied in transforming the world of digital tracking.

Is this project a good investment? We are still not sure. The idea of this project is pretty interesting. However, it is also somewhat flawed unless the company discovers a way to get people to use the platform. An empty platform will not be attractive to anyone.

Because of this, study this company carefully before you can decide if this project might be a great investment for you or not. We will be here inca you need any more advice about companies which might be very interesting for investors like you.

The cryptocurrency market is downing right now, and you have to pay attention not to lose the best possible project on the market at this moment.

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Interested readers can take a closer look at the following links:
Website: https://www.muzika.network/
Whitepaper: https://www.muzika.network/assets/mzk-whitepaper-en.pdf
TWITTER: https://twitter.com/muzika_official
FACEBOOK: https://www.facebook.com/muzikanews/
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile&u=1417448
Contact: [email protected]
Telegram: @joseph_ive.

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