Imusify: Your Blockchain Powered Music
Hellen XaveriaAbout IMU token
IMU - a NEP5 standard utility token.
IMU tokens are used as the engine to support imusify’s multi-layered, decentralized music economy. This will create an immense potential value for the token’s use throughout imusify’s infiltration into the industry.
Through our smart reward and compensation system, ϑ IMU is either rewarded for contribution to the platform, or used as a currency for exchanging digital assets and services. By establishing trust and transparency between artists, supporters, fans, and industry service providers; a vibrant ecosystem emerges.
The Problem
Today’s music industry is broken
The inefficiencies of centralization
The rapid transition to digital media has led to a diminishing rate of return for artists. The exploitation artists currently experience is a result of the extreme inefficiencies that lie within the current centralized music industry. Lack of transparency within the system has led to lost revenues, misattribution of ownership, and ineffective licensing processes. Not only are artists struggling to earn a fair and sustainable income, but large organizations continue to grow and withhold unfair portions of revenue through exploitation of artists and their creative content.
Connection Failure
Music is more available to global users than ever before but the disconnect between music creators, collaborators and shareholders is growing, making it more challenging to fairly exchange ideas and resources than ever before.
The Solution
A FULLY Decentralized Music Marketplace
imusify uses a combination of innovative protocols and frameworks to facilitate direct peer-to-peer connection between artists, fans, and other stakeholders. The platform integrates the best practices of traditional crowdfunding, streaming, media sharing, economic and social networks. This way, imusify eliminates the need for existing intermediaries, resolving inefficiencies, providing transparency, and ensuring everybody is fairly rewarded for their contribution. Use cases include artist crowdfunding, transparent artist royalty payments, incentivized content curation, open-source development and network collaboration.
Music. Made. Smarter
- Crowdfund your music project
- Support your favorite artist
- Discover new music
- Stream your favorite tracks
- Collaborate with anyone anywhere
- Get exclusive tickets to shows
- Connect with your fans
- Get paid for your creative services
The inefficiencies of centralization
The rapid transition to digital media has led to a diminishing rate of return for artists. The exploitation artists currently experience is a result of the extreme inefficiencies that lie within the current centralized music industry. Lack of transparency within the system has led to lost revenues, misattribution of ownership, and ineffective licensing processes. Not only are artists struggling to earn a fair and sustainable income, but large organizations continue to grow and withhold unfair portions of revenue through exploitation of artists and their creative content.
Connection Failure
Music is more available to global users than ever before but the disconnect between music creators, collaborators and shareholders is growing, making it more challenging to fairly exchange ideas and resources than ever before.
imusify uses a combination of innovative protocols and frameworks to facilitate direct peer-to-peer connection between artists, fans, and other stakeholders. The platform integrates the best practices of traditional crowdfunding, streaming, media sharing, economic and social networks. This way, imusify eliminates the need for existing intermediaries, resolving inefficiencies, providing transparency, and ensuring everybody is fairly rewarded for their contribution. Use cases include artist crowdfunding, transparent artist royalty payments, incentivized content curation, open-source development and network collaboration.
Token info
Ticker: IMU
Platform: NEO
Token Type: NEP-5
Available for sale: 65,000,000 IMU (65%)
Financial
Pre-sale Price : 1 IMU = 0.044 USD
ICO Price: 1 IMU = 0.05 USD
Accepting: NEO, BTC , ETH, LTC, XMR, BCH, DASH
Soft cap: 1,000,000 USD
Hard cap: 25.000.000 USD
The total supply of IMU tokens is 1,000,000,000 and will be deployed in an attempt to preserve the long-term value of the iMusify platform and network, taking into account the main economic factors that may affect the profitability of service tokens. The distribution of tokens is as follows:
Imusify Tokens (IMU) are used as an engine to support a multi-level, decentralized music economy imusify. This will create tremendous potential value for the use of the IMU token during the penetration of imusify into the industry. Thanks to the intellectual system of remuneration and compensation Imusify ϑ IMU either gets rewarded for its contribution to the platform, or is used as a currency for the exchange of digital assets and services. IMU Token will become highly valued and popular. Using IMU tokens, you will get the best exchange rate and receive special offers. As Imusify grows very quickly, tokens will be in great demand.
65% of tokens will be reserved for sale, and the team will receive 8% of tokens. The cost of each token is 0.05 dollars. You can already subscribe to WhiteList by connecting to the project website https://tokensale.imusify.com/ .
Imusify team
In conclusion, I can say that the idea of a decentralized streaming platform is certainly innovative, and the idea of using the blockchain NEO is a choice that will pay off!
Below are the contacts and social platforms of the project:
Website: https://imusify.com/
White Paper: https://imusify.com/whitepaper.pdf
Facebook: https://www.facebook.com/imusify/
Twitter: https://twitter.com/imusify
Telegram: https://t.me/imusifycommunity
Medium: https://medium.com/imusify
Instagram: https://www.instagram.com/imusify/
BitcoinTalk (ANN): https://bitcointalk.org/index.php?topic=4327428.0
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HellenXaveria
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=980199
ETH: 0xD6AF7435Fd7c6DB12B00E92752c03A7d466A52e8