Hello, i am going to give you some information about Inmusik project today.
Inmusik project is a blockchain based music streaming platform that enables a fair and transparent solution to correctly managing payouts to artists and record labels.
Inmusik & Blockchain
Inmusik is built on ethereum blockchain because of having a cryptocurrency to rewards to fans, artists and labels with for their positive contribution to the community. Currently, all of the big streaming platforms feed music to people as featured content is pushed, labels force content to listeners and so the playing field isn’t even. Inmusik is community driven and so all content has the same rules, all mathematically defined and managed by a publicly distributed ledger, blockchain.
Inmusik Vision
Inmusik team believes that everyone who contributes to the success of a venture (company, artist or label) should be rewarded fairly based on their measurable positive contribution. And so, imagine you (as a fan/listener) have 10,000 followers and you hear a new favorite song. You vote on the song and thanks to your vote, 5,000 of your follows listen to that songs, 1,000 of them vote and as a direct result of your initial vote the songs gets 1,000,000 plays. That song earns $20,000 as a result…
On Inmusik you are rewarded with a fair percentage of the total earning of the songs from your impact. You are paid in Tokens but you can withdraw to cash via an exchange.
Inmusik Tokens & ICO
Inmusik Tokens are utility Tokens using ERC20 token standard. Inmusik tokens can be stored in any Ethereum wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.)
►Ticker Name: SOUND
►Token standard: ERC20
►Total SOUND Tokens Issued: 400,000,000 (Hard Cap)
►Price: 1 ETH = 10,000 SOUND
►Soft Cap: 1,000,000 USD
►Payments: USD, EUR, INR, BTC, ETH
►ICO date: September 5th
Why should i invest in Inmusik?
Inmusik is created to be a viral machine. Artists earn Tokens for Inviting their fans, Fans earn tokens for checking in daily and curating music and labels.
Also, the more Tokens a user has, the more influence they have in helping great music surface within the community. That in turn helps them earn more in rewards and so Inmusik have created a system that should encourage users to hold on to their Tokens. This alone will create rarity of Sound Coin and should keep the price rising.
That should give you some idea of the Token Economics.
Apart from that - Robert Bowling is Inmusik Cheif Marketing Office. He was the leading guy in bring Call of Duty to market and did two $1 BILLION launches. The guys achieved $1 Billion in sales in 13 days!!! He is a MASTER as go to market strategies. He is taking the lead in both marketing the platform and also to ensure the token growth rate is stable and going in the right direction.
Official Links:
Website: https://inmusik.co/
Whitepaper: https://inmusik.co/wp-content/uploads/2018/05/inmusik-wp-v1.1.pdf
Twitter: https://twitter.com/InmusikOfficial
Telegram: https://t.me/inmusik
Thank you for reading my blog. This blog was published by bctbuster
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