https://www.muzika.network/
This is the best century which has brought the best innovative idea that leads to the development in block-chain technology. With the use of block-chain, business men, organizations and the entire public has been so relax in carrying out their business activities. Organizations are no more finding it difficult in satisfying the needs of their customers due to available facilities developed for easy and efficient management of those organizations. Technology is the best development that has helped to bring people together from all part of the world. Through the social media you can reach any one in any part of the world, you can buy and sell from and to any one in any part of the world through the use of internet. People are able to access the market through internet. The era of Block-chain technology has help the public invest their funds and earn huge profit in retune. The Era of block-chain leads me to this trending platform “MUZIKA”. Muzika is transforming the music world through block-chain and also closing the gap between music artists and fans. Be on the right side and join Muzika, click on the link below. https://www.muzika.network/
Muzika revolutionizes the music industry by establishing a self-sustaining and righteous digital music ecosystem that will;
- Eliminate unnecessary intermediaries
- Empower musicians and consumers
- Decentralize distribution power and
- Restore the balance of economic distribution among market players.
Muzika holds the promise of a future where compensation for a musical creation becomes proportional to the effort and dedication put into the creative process.
For the past two decades, the music industry has gone through two enormous paradigm shifts: one from ‘tangible albums’ to ‘intangible files’, and one from ‘download’ to ‘streaming.’ The former made music more accessible and widespread, and the latter elevated the levels of cash flow into the industry.
However, the share of these boosted profits that musicians receive has seen a decline. Distributors and publishers are enjoying excessive and long-lasting returns for a one-time and unsophisticated task. The issue of digital copyright piracy still remains unresolved. Fans hope to see the musicians they love happy, but do not have any role to fill other than consuming digital music that is packaged by the distributors and publishers.
Muzika is gearing up to overturn the depressing reality of today’s digital music market. From A to Z, Muzika will transform the digital music industry and re-define the roles of the market players involved, including consumers and musicians. The MuzikaCoin (MZK) will serve as the sole medium for all the transactions and exchanges necessary within the new ecosystem, sparking a paradigm shift in the digital music industry. You are invited to join the revolution. Muzika is a revolutionary coin economy that will reshape the global digital music industry.
Muzika will create an autonomous, self-sustaining ecosystem driven by artists and their fans in tandem, where compensations and rewards will become proportional to the level of devotion put into musical creations and ecosystem behind them.
• Smart contract will allow digital musical products to be transferred directly from artists to fans, ensuring fairer and more transparent economic distribution.
• Fans will be rewarded with loyalty points for their various community activities, which will be regularly converted into MZK coins - the sole medium of exchange for all economic activities in the ecosystem.
• Fans will have opportunities to make direct sponsorship to their favorite artists, supporting them and receiving exclusive benefits in return.
PROBLEMS
Musicians and fans are the real value creators in today’s music industry, but they are not properly rewarded for their value creation. Musicians are starving. Everyone listens to music, more people pay for music, but artists are still not making money. Fans (that’s us) are still pigeonholed as consumers, though we are the ones who actually make super-stars! We devote our time and effort to vote, make cover songs, go viral, and even write fictions for our favorite artists, but no one rewards our effort and devotion. Intermediaries (distributors and platforms) are making excessive profit for one time and unsophisticated tasks of 'transferring' the ready-made values.
The digital transformation of the music industry over the past twenty years has been enormously innovative yet challenging. Today, as fans have easier access to more music than ever before, the overwhelming quantity of available options makes streaming services even more beneficial. It seems logical to assume that musicians themselves would have more fruitful returns as the digital market continues to expand at a rapid rate, and capital continues to flow into the digital music industry.
In reality, however, the imbalance of the profit distribution structure, the existence of multiple middlemen, and outstanding issues of piracy continue to deny artists their fair share. They are receiving a historically low percentage of total revenue, typically from 10% to 20% of consumers’ payments.
While platforms, major labels, distributors, and publishers may benefit from the digital transformation, artists are still not justly compensated for their creations. To sustain the growth in the digital music market, this chasm in terms of compensation between artist and middlemen should be filled.
SOLUTION
This platform will reform how value is created and captured by various players within the industry. We will return rewards to those who create the value, from those who merely transfer the value, while recovering the share lost from digital piracy through blockchain technology.
Token Information
Unlike hundreds of ICOs without proof of practicality, Muzika is not starting from scratch. The token economy is strongly built on the backs of its existing, profit-generating, and privately & publicly funded business with 2,000,000 active users & subscribers from 150+ nations and artists from 30+ nations.
For More Information Contact the Links Bellow
Website: https://www.muzika.network/
On Facebook@ https://www.facebook.com/muzikanews/
On twitter@ https://twitter.com/muzika_official
On telegram@ https://t.me/muzika_english
On reddit@ https://www.reddit.com/r/muzikaofficial/
White paper: https://www.muzika.network/assets/mzk-whitepaper-en.pdf
on medium@ https://medium.com/muzika-official
Bitcoin talk profile: bluerich230@ https://bitcointalk.org/index.php?action=profile;u=2407976