The integration of blockchain in music is gradually getting centralized music platforms obsolete. This is because blockchain promotes more freedom for artists, more openness and availability for users and thus more appealing for all parties involved.
Taking Gala Music as a case-study, the decentralized music platform utilises blockchain technology to hand artists control, transparency and improved monetization. Fans on the other hand enjoy a more rewarding experience when they engage the platform.
Quite remarkably, its test phase witnessed a massive attention, registering whopping numbers of artists, streams, account holders, track owners amongst others. An indication that it is set to be another successful decentralized musical platform.
While users earn real rewards in $MUSIC token, holders also get to unlock more features on the platform. Predictably, users of the platform would be poised to trade the token upon listing on Bitget on 14th Aug 2024.
If you are a music lover, I presume the prospect of earning real token from your engagements must sound like music to your ears?