MUZIKA — Transforming the Music World through Blockchain

in #music3 years ago

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Music is one of the main entertainment for many of us. That’s why it’s one of the biggest entertainment industry. Most often than not music artists are not getting for they deserve, according to some studies only between ten to twelve percent are getting paid to the music artist, most of the payment will go to the cost of platforms, producers and distributors of an album or a song. With the modern technology we can listen to the new song via streaming, yet music artist from nineties are getting more revenue compare today. Artist is getting paid more before when we are buying compact disk disc than streaming it online. On recent studies from 2005 to 2015 music industry drops five billion dollars’ worth of revenues despite more user listening revenues are getting smaller. We had more convenient buying songs today than before but as a consequence music artist will get fewer revenues than before. Perhaps the main reason for declining sales is piracy, we can download and copy songs easier now compare than before.

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Now we know the issues of our music artist I saw a network that will help our musicians, introducing Muzika “transforming the music world through blockchain closing the Gap between Music Artists and fans”. Muzika aims to lessen or remove profits from distributor, producers, and platform that will make music artist to gain more profits. Muzika is a free to use platform for music artist, “free” means no commissions or profit will be deducted from musicians that’s why musicians will get 90% of the profit using Muzika. Unlike other ICO’s they will start with proven service just they will improve it the platform behind Muzika is Mapiacompany Inc. the biggest and first online piano music platform in South Korea with more than two million users. It’s a good start since forty percent of South Korean’s are music streaming subscriber, highest among all nation.

Muzika is a progressive penny economy that will reshape the global digital watch industry. From some sides, Muzika has revolutionized the tracking business by using a proper and impartial digital music ecosystem that would:

  1. Removing meaningless intermediaries.

  2. Empowering musicians and consumers.

  3. Distributed power distribution, and

  4. 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.

Features of Muzika network:

  • Self-sustaining, Muzika platform will be complete and all the needed activities needed for a music platform will be available. Like comments, brainstorming, feedbacks, and others.
  • A market for musical mechanize and service
  • Patrons and sponsorships, any user can sponsor artist that they support as a reward for their sponsorship they will be given some benefits on the platform that exclusively for sponsors.
  • Musical contest programs, Muzika knows some talent may be hidden in the platform some auditions for the musical contest might be held in the platform
  • Live streaming for events like concerts
  • Streaming music

The ecosystem on Muzika platform

  • Muzika will follow a Steemit like features will be in the platform live voting and voting power will be seen in the platform. Users can vote for auditions or song postings.
  • Blockchain and smart contracts will be used for copyrights contents in the platform.
  • Loyalty programs, users who use more the platform will get loyalty points. Loyalty points will be one of the computation for voting power, Loyalty points can be converted into MZK.

Token Information Muzika

Token details:
Token name: Muzika
Symbol: MZK
Token type: ERC20
Total supply: 1 billion MZK
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The official global launch of the Muzika ecosystem is expected to be ready by Q2 2019.

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Conclude

In conclusion, I want to add what I found an up-and-coming project and the first in this area. There is no competition, which means 99% that the project will be successful. Moreover, partnerships with several exchanges have already been concluded, I am sure that the token will be immediately available on the exchanges.

I studied in great detail all the members of the team and here we can also be confident of professionalism and that these guys will bring everything to an end!

A project with a great future and a strong team, tokens will be traded on exchanges. The demand for tokens will be great, as the asset will be in order. Accordingly, we can earn big money. We are at the very beginning of this journey, which has a great future!

Here is an explanation from me and to avoid all forms of fraud, please look for the correct information and reliably or visit the following link:

Web: https://www.muzika.network/

Whitepaper: https://www.muzika.network/assets/mzk-whitepaper-en.pdf

Facebook: https://www.facebook.com/muzikanews/

Twitter: https://twitter.com/muzika_official

Telegram: https://t.me/muzika_english

Reddit: https://www.reddit.com/r/muzikaofficial/

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2247112

ETH Wallet: 0x9fC909f0C91729d8c5440607e23483122D608257