Inmusik – Music industry, decentralized
The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is Inmusik
You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to Inmusik platform which is building a music ecosystem that rewards everyone, bringing listeners, musician and record label a new financial framework that reignites the business of music.
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. The Inmusik platform is fully designed and is in development. The platform is not only deep, it’s engaging and entertaining.
Inmusik platform is a fusion of concepts from music streaming and social media which includes community curation, verification and transparent payouts to both content owners and contributing listeners/fans. To enable a fair market economy for an industry built on all types of music assets requires a system capable of easily accounting every users’ contribution. Inmusik’s Token is the first cryptocurrency that attempts to accurately and transparently enable an industry to thrive in this new digital age, while rewarding its users for their subjective contributions to the ecosystem and enabling a host of applications not yet imagined.
INMUSIK AND BLOCKCHAIN TECHNOLOGY
Provide an immutable ledger that offers permanent verification of every past transaction, building trust between everyone in the value chain.
Store all product lifecycle events forever in an easy-to-retrieve system.
Allow multiple apps simultaneously interact with any piece of information stored in blockchain.
Facilitate peer-to-peer financial transactions across the globe.
Influencer are used to allow for brand promotion and mediating effects of consumer attitudes. Since messages proclaimed by influencers are commonly regarded as being trustworthy, commercial music business can exploit the gains from a recent trend – that is how Inmusik intends to boost the sale. Inmusik will incorporate this function in voting option, providing its application users with an opportunity to rate songs and performers. Voting is considered to be more instrumental in raising artists awareness and for that matter users will be rewarded for the participation. To ensure the factuality of the information provided through a voting, each score received from the large stakeholders should gain a certain amount of votes from users with the low ratings.
What Inmusik Enables
REWARDS AND INCENTIVES
Fans are rewarded for simply interacting. Finding great new music and helping it surface pays.
FAIR PAYOUT FOR ARTISTSArtists earn more in a fair and transparent way and connect directly with fans. Designed for signed and independent artists
With 3rd generation distributed ledger and smart contracts, every cent of revenue can be easily automated and transparent.
With no wait time, payouts are instantly available to whoever is earning within the community.
BENEFITS INMUSIK OFFERS
For Fans & Listeners
Earn with active engagement
The Inmusik streaming app rewards music lovers for their positive contribution to the community. Earn tokens for finding great new songs, voting to help the best music surface and for getting behind artists to help them succeed. Your love of music has never been so rewarding.
For Musicians & Artists
Transparent and Instant Payout
Receive much larger payouts due to the unique way Inmusik platform is structured. Earn big from streams, for posting content, attracting new fans and when fans bet on your success. All earnings are pegged to the US Dollar to ensure payouts are consistent and fair. Transparent, instant and every stream captured using a 3rd generation distributed ledger.
For Music Labels
Digital Rights & Payments Management
Inmusik is working with the biggest publishing companies in the world to create a better copyright management system for the entire industry, on blockchain. On top of that, we offer larger payouts for all content owners, real-time monitoring of earnings and automated distribution of payouts.
TOKEN AND ICO DETAILS
Built on top of the proven ERC20 Ethereum blockchain will be a powerful, modular tool set to build applications that can track all royalty payouts (mechanical, public performance, synchronization, and print music), automate payments to all creatives and professionals in the music value chain, offer more secure ticketing solutions, enable software licensing for music creation, record the transfer of assets, marketing/promotion management, and a host of other applications not yet imagined. ERC20 gives users complete freedom to create their own applications on the Inmusik platform.
Public ICO will start on September 5 and end on October 5, 2018. The Pre-ICO round of funding is under way and will be closed on September 4, 2018.
FOR MORE INFORMATION PLEASE VISIT THE LINKS BELOW;
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409