MUZIKA: A PLATFORM THAT PROMOTE UPCOMING ARTISTS AND SONGWRITERS

bunmicrypto (36)in #muzika • 6 years ago

Muzika's advanced music biological system will work as a channel for disseminating and distributing music content while giving reasonable pay to craftsmen. Fans will likewise get the opportunity to share in all phases of a tune's lifecycle, extending from sponsorship and creation to consumption.Within this self-continuing biological system, network individuals are remunerated with dedication focuses for an assortment of network exercises, including casting a ballot, remarking, posting, and sharing tunes. These unwaveringness focuses are then changed over into Muzika's utility token, MZK. The biological community additionally gives an immediate connection among backers and specialists, empowering supporters to pay craftsmen straightforwardly for their music.All exchanges between patrons, fans, and specialists are recorded on the blockchain, which is a decentralized, secure, and changeless ledger.Muzika, which expects to utilize blockchain innovation to upset the music business, has effectively distinguished its home court advantage: Korea is now a worldwide powerhouse in the music and tech ventures, which are situated to keep growing quickly in the following couple of years. In the midst of the bewildering rundown of undertakings rising in Korea, one startup is outstanding for its selection of solid warning help from industry pioneers. Muzika has pulled in key counsels at the bleeding edge of the Korean innovation and music media outlets to its warning board.On the tech side, Muzika has enrolled previous C-Suite level officials associated with best tech, assembling and venture organizations in Korea. The organization's senior counselor Yoonwoo Lee is the previous CEO of Samsung Electronics, a worldwide cell phone organization with a piece of the pie that just surpassed 20% in 2018. Minsik Cho (Business Development Advisor) and Joonkee Hong (Finance Advisor), are outside board chiefs at subsidiary Kakao enterprise organizations.

Stage Muzika's experience

Muzika was conceived in Seoul from the possibility of three youthful Koreans, Inseo Chung, Sangmin Heo, Jangwon Lee, included by Forbes in Asia's Top 30 under 30 positioning committed to pioneers from different mechanical sectors.Before devoting themselves to the Muzika venture, the three youthful business people made the web stages Mapianist, MyMusicSheet and KpopPiano, which, as per the public statement, have around two million dynamic clients and 17 thousand enrolled music specialists from 150 nations.

Plan of action: MZK-utility token

Muzika is supported by an officially settled stage considered Mapiacompany that has around 2 million dynamic clients covering more than 150 countries as far as endorsers and craftsmen from in excess of 30 countries. Presently, with the end goal to make a steadfast and boosted network, the organization is going the blockchain route.Drawing motivation from well known Steemit venture's locale, the Muzika Coin (MZK) has been made. The sole medium of trade inside the Muzika biological system, it will perform four capacities viz. network building, methods for exchange for business things and administration, sponsorships openings, and network programs.
In request to get MZK, there are three alternatives to be specific, taking an interest in the ICO, digital money trades, and unwaveringness focuses.

The MZK token

The MZK token is utilized to access the Muzika biological community. It serves 4 fundamental functions:
Community building: MZK tokens are utilized as an impetus system to cultivate more prominent interest among network individuals. Individuals procure MZK tokens for imaginative conceptualizing, trade of criticism, and more.
Means of making exchanges for business things and administrations: Ecosystem members can trade advanced music, sheet music, melodic instruments, recording administrations, and considerably more utilizing MZK tokens.
Sponsorships openings: Users can support specialists and moved toward becoming benefactors by paying month to month memberships to their substance utilizing MZK tokens. Supporters will get selective access to the items and administrations offered by the craftsman. They will likewise get the opportunity to be more associated with the imaginative procedure of the music.
Community programs: MZK tokens will likewise help support network projects and occasions like tryouts, challenges, live gushing sessions, and so forth. These exercises help reinforce the Muzika organize. MZK tokens can be gotten by taking part in Muzika's forthcoming ICO, or by buying the token on digital money trades. They can likewise be mined through dynamic, steadfast investment in the community.
MZK is an ERC20 token based over both the Ethereum and Ontology blockchain arrange. In any case, later on, Muzika wants to builds up its very own convention blockchain particular for network based applications that encourage all digitized types of inventive works.

Out of the aggregate 1 billion MZK tokens, 20.5 percent i.e. 205,000,000 tokens will be available to be purchased. The significant lump of the tokens i.e. 40 percent is apportioned for the reward biological system. Organization and group both get 10 percent every one of the MZK tokens. About 14.5 percent will go to save while remaining 5 percent is for guides.

         TOKEN DISTRIBUTION

   ICO points of interest

Muzika is propelling a turn around ICO, utilizing the 2 million clients from their current business, Mapia Company to help raise a hard top of 20,000 ETH.