Imusify is an award-winning music platform that is reinventing the global music industry to free music makers, music fans and music entrepreneurs. Let imusify help you find your creative voice, build loyal followers, find great music and appreciate your contributions. IMU tokens are used as machines to support decentralized and imusify multi-layer music economy, https: //imusify.com/
While existing blockchain music projects handle some of the current traps in the music industry, imusify is designed for the future. We are building a scalable and adaptable technology framework for artists, music lovers, entrepreneurs and developers to use our platform to connect with the imusify community, create collaborative content and build new use cases.
While blockchain raises many opportunities to improve the quality of life virtually anyone in one way or another, it operates as a decentralized risk inherent organization. With the birth of cryptocurrency and exchanges, barriers to investment plummet. ) entering the market has caused several booms and an increase in economic episodes.
As decentralized applications that use cases that perform services using blockchain are starting to pose threats to disruptive industries, businesses and institutions around the world are trying to understand and invest in blockchain with surprising value. To better understand how imusify will use blockchain to disrupt the economy music, it is important to understand the evolution of the blockchain first the technology and narrative that appears beside it.
This will create enormous potential value for using tokens during imusify infiltration into the industry. Through our smart support and compensation system, IMU tokens are valued for contributions to the platform or used as a currency to exchange digital assets and services. By building trust and transparency between artists, supporters, fans, and industry ecosystem service providers that emerge.
Imusify presents several features and functions that help users realize their intentions from direct consumer-to-creator transactions, crowdfunding artist campaigns and content licensing protocols. In addition to the imusify feature it provides to its community, the open-source platform allows users to build new use cases that provide value and build connections using an imusify intelligent contract system. From this perspective, we can begin to see how intelligent contracts define the characteristics that classify blockchain as a fluid technology character in a story. Now let's look at how the global music industry is as it is today and examine key inefficiencies imusify will deal with a smart music ecosystem-based contract.
One case example, at this time video streaming sites such as YouTube are some of the main suspects targeted to exploit obsolete laws, the structure of digital music systems as a whole fails to reward artists for the value they provide through their work or to provide artists with necessary resources develop sustainable and fair income. When providing streaming digital content services, mainly smaller independent artists have little chance of doing so
even retain the right to ownership of their work, let alone receive fair and timely payments for their use.
The centralized nature of industry creates three main challenges for artists: digital rights management, transparency of payments and licensing and monetization. These main problem areas are discussed in detail below:
1. Human Rights Management
The lack of a comprehensive rights management regime created several problems for managing the digital rights of artists from lost income to wrongful ownership. As now every right holder receives their share by registering with a community that has the duty to collect and share collected funds called royalties among all holders of rights based on agreements, partially determined by right holders but also often determined by the collecting community. Even if artists can now produce, distribute and market their work almost entirely digitally they still have little control over ownership and security of rights.
2. Payment Transparency
Payment transparency issues arise from centralizing the distribution of royalty systems. Performance rights organizations carry out the process by collecting payment royalties from streaming services and then allocating payments to artists based on royalty rates set by the organization such as The Copyright Royalty Board. There are also other transactional processes where holders the right to try to collect payments.
3. Licenses and Monetization
Outdated legislation around licensing systems and tariff setting failed to use technology to track licenses and send royalties. Digital music services have no efficient system in place to get and track all licenses related to various types of digital consumption such as radio, streaming on demand, streaming radio, digital purchases and more. Smaller artists don't have the resources to impose control over their content and rights. With limited information about how payments related to their content really don't work, they are often left out or not considered at all.
The solutions offered by Imusify by using the potential of blockchain usage, imusify uses blockchain to overcome industry challenges and provide real-world use cases that will not only bring value directly to the music room but also educate early users to lead the evolution towards community adoption of blockchain use cases others. And can solve all the problems of transparency, data accuracy, and financial problems.
Token Specifications:
Token Name: IMU
Platform Token: NEO
ICO Price: 1 IMU = 0.05 USD
Total Token Supply: 1,000,000,000 IMU
Softcap: $ 1,000,000
Hardcap: $ 25,000,000
Receive Payments: NEO, BTC, ETH, LTC, XMR, BCH and DASH
Tokens for sale: 65,000,000 IMU
Sales Bonus
INFORMATION DETAIL:
Website: https://imusify.comWhitepaper: https://imusify.com/whitepaper.pdf
Telegram Group: https://t.me/imusifycommunity
Twitter: https://twitter.com/imusify?lang=en
Facebook: https://www.facebook.com/imusify/
ANN: https://bitcointalk.org/index.php?topic=4327428.0
Bounty: https://bitcointalk.org/index.php?topic=4805108
AUTHOR: ALEX789
BTT: https: //bitcointalk.org/index.php? Action = profile; u = 1653045
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