Blockchain Muzika
Three Korean entrepreneurs with successful technology venture achievements announced the second venture company, Muzika. Muzika is cooperation of co-founders Inseo Chung, Sangmin Heo, and Jangwon Lee who launched the music technology platform Mapiacompany. Muzika plans to build a music sharing platform aiming to reorganize the digital music industry by incorporating block chain technology into existing Mapiacompany infrastructure. Muzika is assuming a revolutionary token economy that enables fans to engage directly in music production, distribution and consumption.
The founder of the Mojica, whose average age is 22 years old, has appeared in "Forbes 30 Under Asia 2018" working at the intersection of music and technology. Since its establishment in 2015, their projects are receiving support from Korean technology giants Cacao and Neighbor. We also have seed funds from the Tech Incubator Program for the Korean government's Startups and partnerships with the Korean Music Copyright Association. Within three years, the company gathered more than 2 million users and artists in more than 150 countries and has established itself as a major player globally among instrumental music platforms.
Muzika aims not only to directly link artists and fans by incorporating block chain technology, but also to increase the market share of artists by introducing a fair delivery structure for music production. Inseo Chung, the founder of Muzika, imagines a platform that will revolutionize the current state of the digital music industry. "We can autonomously carry out the cycle of production and distribution autonomously and by reforming the hierarchical structure of music production and profit sharing, muzica will be redemption of the world digital music industry" .
Muzika is currently doing the first two private sales rounds. Disclosure of Muzika patron and publication of listing so far will be released soon. The Muzika team is currently working to determine the details of the prize program and the program will be released shortly after the Muzika channel. Https://Www.Muzika.Network Muzika web site and Muzika of https://t.me/muzika_english in accordance with Telegram group, please update to this promising venture.
Muzika is a second generation music block chain that gathered artists and fans to build a token economy for music. With this collaboration platform, users can sponsor and pay directly to their favorite artists. Users will be awarded for community activities such as voting, commenting, posting, song sharing by royalty points that are periodically converted to Muzika Utility Token MZK. Users can use tokens for music production released on the platform MZK can be used to purchase products and services or to sponsor favorite artists. The dAPP for the desktop can be downloaded by starting the first service on the website in September. Upon launch, Musika will be available in more than 150 countries including South Korea and the United States.
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Author by: thomas_sugiarto
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