Today, the web is ablaze with
talking about blockchain Technology and Cryptocurrency. It shows up inside and
out that truly matters to be among the best examples of the front line time.
From electronic life to news conveys and even government authorization, it is
hard to go a singular day without something Cryptocurrency related being in the
news. The talk on the topic is extraordinarily dazzled with strong estimations
on all sides of the multi-faceted way that is the advanced money conflict.
There are the people who think of it as an air stash and there are other
individuals who say it can annoy the overall economy.
Blockchain technology which is
the inside Technology behind the cryptocurrency is doubtlessly depicted as an
important disruptor of the overall business process. In any case, it appears as
though essentially more thought is being paid to cryptocurrency than to
blockchain Technology. Various representatives have bounced on the impermanent
prevailing fashion to make ICO fights, pitching tokens to the overall public
and raising a colossal number of dollars. In less than a long time since
Satoshi Nakamoto familiar Bitcoin with the world, an incredible arrangement
seems to have happened in the advanced cash space. The point of convergence of
this article is to take a gander at the impact that cryptocurrnency is having
on the overall economy
in case you are hunting down a
platform inclined to be completely disturbed by blockchain technology, look not
any more remote than the Muzika
About Muzika Network
Past music blockchain projects
have ignored the significance of an expansive user base to accomplish wide scale
reception. These projects have exhibited that it is conceivable to give a
higher commission rate to specialists for their work utilizing Smart Contract
exchanges. In any case, for craftsmen, the low commission rate offered from
conventional music spilling applications that had enormous user bases were more
appealing than blockchain applications utilizing Smart Contract exchanges. For
example, a 10% commission of $1,000 from iTunes was desirable over 90%
commission of $1 from a Smart Contract exchange.
Muzika means to give artists the
best of the two universes: a higher commission rate for their imaginative
substance and a solid client base. Muzika has built up a solid framework for
boosting fans to add to the Muzika ecosystem. These impetuses will fabricate the
client base vital for Muzika to give both higher commissions to craftsmen
alongside the mass user base of conventional music spilling destinations. The
system impact from a mass user base will be simply the way to building up an
independent, managing ecosystem. At the end of the day, Muzika can furnish
performers with 90% of $1,000.
Muzika has effectively made huge
accomplishments towards the improvement of an economical answer for wasteful
aspects in the computerized music industry. In 2015, prime supporters of Muzika
saw an open door in the online instrumental music industry and began online
instrumental music stage Mapia company. In a little more than 3 years, Mapia company
has turned into the #1 worldwide instrumental music stage with more than 2
million clients. Muzika will expand upon this current user base and network.
The association starting at now
approaches 2 million powerful customers from their originators' past
undertaking, Mapia Company. Moreover, Muzika has set up a specific relationship
with Ontology, and what's more business associations with Blackhorse, Panony
and Duane Morris and Selvam LLP. Their present money related pros fuse NEO
overall capital, Ontology, 256 Ventures, Blackhorse, and other dug in players
in the blockchain space.
The Muzika gather contains 3
business visionaries who have been viable in their past undertakings and were
also incorporated into Forbes '30-Under-30'. Together, they mean to go up
against a $45 billion music industry by wiping out inconsequential center
individuals, drawing in specialists and purchasers, decentralizing the
scattering of power, and restoring the equality of money related allotment
among market players.
What makes us unique?
The past music blockchain venture
has disregarded the significance of an extensive client base to accomplish wide
acknowledgment. These projects have demonstrated that it is conceivable to give
craftsmen a higher commission for their work on Intelligent Contract
Transactions. For specialists, be that as it may, the low commission rates of
conventional music gushing applications with a substantial client base are more
alluring than blockchain applications with brilliant contract exchanges. For
instance, a 10% commission of $ 1,000 from iTunes is desirable over a 90%
commission of $ 1 from a keen contract exchange.
PROBLEM
Music Industry: The music
industry is an industry loaded with substitute delegates, theft and financial
irregular characteristics - markets that are prepared for blockchain and their
innovative vision. Musicians and fans are the makers of genuine incentive in
the music industry today,
yet, they are not appropriately
esteemed for their esteem creation.
Musicians are starving. Everybody
records to music, more individuals pay for music, yet at the same time, specialists
don't profit.
Fans (that is us) are as yet
thought about buyers, despite the fact that we are individuals who truly make
hotshots! We offer our opportunity and exertion to pick, make cover tunes,
viral, and notwithstanding composing fiction for our most loved craftsmen, yet
nobody values our endeavors and devotion.
Middle people (distributors and
platforms) make over the top benefits for one basic assignment and don't
'exchange' values prepared to utilize.
SOLUTION
While music blockchain projects
for the most part center around distributed exchanges, we trust that the whole
industry is because of the absence of system impacts - platforms and
gatherings. for example, Spotify, iTunes, and Universal Music proceed. The industry
can't be reclaimed basically by presenting a framework that permits a more
prominent offer of pay for musicians - the key lies in fans. Fans must
participate in the framework with the goal that net wage winds up significant.
For instance, 10% of 100 dollars from iTunes is superior to 80% of 10 dollars
from a free distributed exchange framework. That is the reason rather than the
exchange system we call the original blockchain music, Muzika will alter the
music industry by building a standalone and clear computerized music ecosystem
that will (1) take out pointless go-betweens, (2) enable musicians and
purchasers, (3) decentralize the intensity of dispersion, and (4) reestablish
monetary equalization among business sectors players. Muzika holds the
guarantee of things to come where monetary remuneration for music creation is
corresponding to the exertion and devotion that is joined into the innovative
procedure. An itemized ecosystem structure clarification is plot in our white
paper.
MUZIKA ECOSYSTEM
Muzika will make a
self-governing, self-maintaining ecosystem driven by craftsmen and their fans
couple, where pay and rewards will wind up relative to the level of commitment
put into melodic manifestations and ecosystem behind them.
The savvy contract will enable
advanced melodic items to be exchanged specifically from craftsmen to fans,
guaranteeing more pleasant and more straightforward monetary dispersion.
Fans will be compensated with
devotion focuses for their different network exercises, which will be
frequently changed over into MZK coins – the sole medium of exchange for every
financial action in the ecosystem.
Fans will have chances to make
guide sponsorship to their most loved specialists, supporting them and
accepting selective advantages consequently.
TOKEN METRICS
Total number of tokens
1,000,000,000
% for salen 20.5 %
Total number of tokens for sale
205,000,000
Hard-cap 20,000 ETH
ROADMAP
CONCLUSION
The music business has
continually faced challenges with respect to automated copyright organization,
and regardless of the way that blockchain development will empower individuals
to make mind blowing strolls in dealing with those issues through more
significant straightforwardness, Muzika will, regardless, need to deal with the
issues around affirming the validity of ownership going before the work being
enlisted on the blockchain. With a gathering of exceedingly skilled and experienced
coordinators and designers, Muzika is especially arranged to clarify these
challenges finally irritate the stale yet dynamically critical propelled music
industry.
For more information:
Website :
https://www.muzika.network/
White paper : https://www.muzika.network/assets/mzk-whitepaper-en.pdf
Telegram :
https://t.me/muzika_english
Social media :
https://twitter.com/muzika_official | https://www.facebook.com/muzikanews/
Reddit :
https://www.reddit.com/r/muzikaofficial/
Medium : https://medium.com/@muzika_official
Athor: Lordphyl
Profile BTT: https://bitcointalk.org/index.php?action=profile;u=2444388
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