Rabu, 24 Oktober 2018

MUZIKA - Blockchain-based Music Ecosystem

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What is Muzika
Muzika revolutionized the tune business by victimization fitting Associate in Nursing impartial and correct virtual music atmosphere that may get obviate useless intermediaries, empower musicians and purchasers, decentralise distribution strength, and repair the balance of economic distribution among st marketplace participants. Muzika holds the promise of the long run during which compensation for tune creation is equivalent to the try and determination place into the artistic system.
Song is initial digitized in MP3 kind, the audio report layout is often compressed to simplest three to four megabytes in line with track on common. This innovation became equipped by approach of all totally different previous media from track, together with CDs and cassettes, out of date and dynamical industries through allowing virtual distribution. This has marvellous and terrible consequences for musicians. On the sole hand, they're currently able to unharness and distribute new tune around the arena at can. however, pervasive copyright piracy ends in a very resultant decline in music financial gain, and extortionate commission vendors, blended to reduce musicians’ personal advantage. Muzika may be a enterprise whose goal is to convert the world of song thanks to blockchain generation. With this platform, musical performers and their lovers turns into masses within the direction of every totally different.

Current challenges in the music industry :

Ask musicians how they make money these days, and they will say, “live music.” In fact, ask anyone who never pays for recorded music how they support the musicians they love, and they’ll say, “I go to their shows.” However, there’s one major disconnect — playing live costs musicians money. A lot of money.
Social media saving the broke musician from the marketing efforts and building their name, however, the flip side of connecting with fans via social media is that just because people are liking your video in social media or sharing your video does not mean that they are buying tickets to your shows. Nor does having 500,000 Facebook fans mean that you’ll sell 500,000 concert tickets.
Musicians can make a viable living making music without having to sign with a record label these days. However, making your music requires an effort of a team including managers, PR, agents, and more. Despite of this new found freedom, musicians often run into the challenge of attracting attention from the team members they want.

How Muzika will revolutionize the music industry :

Muzika builds an ecosystem which is driven by artists and their fans who are rewarded for the level of dedication and devotion put into music creation and consumption.

For Fans :

Fans will be rewarded for their various community activities (e.g. share, like) with loyalty points, which will be converted into MZK coins. Fans can use MZK coins to sponsor their favorite artists, supporting them and in return receive exclusive benefits like can enjoy exclusive & sponsor-only products, services, and opportunities to experience day-in-life-of their favorite artist and be involved in the creative process of a musical product.

For Artist :

Unlike social media platforms like facebook following, user base in Muzika will not only work in community activities (like comment or share) but will also have a chance to sponsor their favorite artist.
Muzika ecosystem will also include production support to create a music album making it possible to make music without having to sign with a record label. The large user base and integration with popular platforms like Mapia company will help the larger distribution, consumption of artist content and get rewarded highly for their creativity.
In addition, Muzika platform will offer community programs and events such as auditions, contests, live-streaming events which will help the new artist to get established and make their name.
Muzika atmosphere may cover producing guide to make a tune album creating it viable to form song whereas not having to signal with a record label. the massive user base and integration with in style systems like Mapia agency can assist the larger distribution, consumption of creator content and acquire rewarded passing for his or her power.
further, Muzika platform can provide community packages and activities that embrace auditions, contests, live-streaming occasions an honest thanks to assist the new creator to urge put in and build their name.
Token Info
Token name : Muzika
Symbo l: MZK
Token type : ERC20
Total supply : 1 billion MZK
For more information check link below :

By Martin Vunk :

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