1. INTRODUCE ABOUT IMUSIFY:
Hi guys, welcome back to my blog. Today, I will introduce to you a very interesting project, the project about music. So, What's imusify?
Imusify is a music platform and ecosystem designed to provide an open-source innovation space for developing new means of music distribution, consumption, and engagement. imusify’s self-publishing platform creates an efficient system for artists and content creators to network and collaborate while maintaining direct ownership of their work. θ IMU tokens will be used as the engine to support imusify’s proprietary music economy, creating an immense potential value for the token’s use as a means for value between artists, fans, and other participants.
imusify is an award-winning music platform that is reinventing the global music industry in order to liberate music makers, music fans, and music entrepreneurs. Let imusify help you find your creative voice, build a loyal following, discover great music, and reward your contribution. The value gap undermines the rights and revenues of those who create, invest in and own music, and distorts the marketplace. While music consumption is at record highs, user upload services are misusing ‘safe harbor’ exemptions. These protections were put in place two decades ago to help develop nascent digital startups, but today are being misapplied to corporations that distribute and monetize our works. We urge you to take action now to create a fair playing field for artists and rights owners. In doing so, you will be securing the future of music for generations to come2.
imusify is one of the pioneers of music’s decentralization movement. Other blockchain music projects also show leadership in tackling certain inefficiencies such as event booking and copyright management. However, what sets imusify apart is that it aims to serve different stakeholders and players across the entire music value chain, including crowdsourcing, collaboration, production, distribution, promotion, curation, live events and more. While existing blockchain music projects address some current pitfalls of the music industry, imusify is designed for the future. We are building a scalable and adaptable technology framework for artists, music lovers, entrepreneurs and developers to use our platform to connect with the imusify community, create collaborative content and build new use cases.
The problem that Imusify needed to be solved before the project started
1. Inefficiency of concentration
The rapid transition to digital media has led to a drop in profits for artists, albeit with a sharp rise in revenue. Nowadays, content creators want to make money using the services of intermediaries such as Youtube or Google, a seemingly ineffective way to make money from their creativity. The lack of transparency in the system has resulted in loss of revenue, transfer of ownership, and inefficient licensing procedures. Artists are struggling to get a fair and stable income, but large organizations continue to grow and will receive unequal income earnings through the use of content created by the No artist / little names.
The rapid transition to digital media has led to a drop in profits for artists, albeit with a sharp rise in revenue. Nowadays, content creators want to make money using the services of intermediaries such as Youtube or Google, a seemingly ineffective way to make money from their creativity. The lack of transparency in the system has resulted in loss of revenue, transfer of ownership, and inefficient licensing procedures. Artists are struggling to get a fair and stable income, but large organizations continue to grow and will receive unequal income earnings through the use of content created by the No artist / little names.
2. Problem of value gap
Music is now more accessible to global users than ever, but the gap between music creators, co-writers and shareholders is on the rise, so it's hard to exchange ideas and resource honestly, need to reform this segment.
This is a big problem in the music scene today. Although sales of digital music are now at record levels, with annual sales increasing by more than 60% (2016 figures), the artist receives only a handful of them. According to a MiDIA analysis, it took 58 hours to stream a new artist to a dollar. With a production cost of $ 10,000 to $ 50,000 for a music product, the video needs to reach millions in order to make a profit.
Music is now more accessible to global users than ever, but the gap between music creators, co-writers and shareholders is on the rise, so it's hard to exchange ideas and resource honestly, need to reform this segment.
This is a big problem in the music scene today. Although sales of digital music are now at record levels, with annual sales increasing by more than 60% (2016 figures), the artist receives only a handful of them. According to a MiDIA analysis, it took 58 hours to stream a new artist to a dollar. With a production cost of $ 10,000 to $ 50,000 for a music product, the video needs to reach millions in order to make a profit.
Imusify Solutions:
Imusify uses a combination of innovative protocols and frameworks to simplify direct connections between artists, fans, and other interested parties. This platform combines the best practices of community fundraising, transparent payment systems, award systems, decentralized exchange and copyright management. So Imusify eliminates the need for existing intermediaries, eliminating inefficiencies, ensuring transparency and ensuring that everyone receives rewards for their contributions. Real examples include graphical representations, royalty payments from authors, stimulus content, open source development, and networking.
This platform has an easy-to-use interface. It will also use neo-python as a middleware to communicate between the user interface and the intellectual contract. Imusify is set to revolutionize the global music industry, and it will free music fans, musicians who have problems with intermediaries and lose significant revenue.
Imusify uses the NEO platform to put itself in the context of a smart music economy. Users with digital music-related identities can release content, experiences, and digital asset projects to protect their creative work. Intelligent contracts allow digital transactional identification and transaction processing in a reliable way.
Imusify focuses on building a platform to serve the immediate needs of today's music industry participants, while providing an innovative space for developing interactive and exchangeable media. New values to serve the music economy in the near and distant future.
Imusify's mission is to provide an open source space for the development of new distribution, consumption, and music interaction.
Imusify's mission is to provide an open source space for the development of new distribution, consumption, and music interaction.
Imusify is building a smart music economy that allows for direct exchange of value between artists, fans and other stakeholders, giving our community the power to control the future. of the music industry. The real example is that DJs / Producers, emerging rappers, normal filmmakers ... can use Imusify's platform. All of the work in the past can now be done on a single platform
Why did Imusify Choose NEO blockchain
Neo is built for speed and is on a different level which blows Ethereum out of the way. Currently, NEO boast 10,000 transactions per second, and aims to increase this speed in early future. Using a different platform will be too slow for Imusify. For Imusify, the NEO platform speaks to our core vision of a “Smart Music Economy” where waste is continuously removed from the economic flows. The Neo family is one big family, there is much less competition and a great community. In short Neo platform offers imusify the perfect platform to execute our vision.
The Mission
Imusify’s mission is to provide an open-source innovation space for developing new means of music distribution, consumption, and engagement.
A quick introduction into the world of Imusify.
Imusify platform is created to provide artists the freedom, higher income, and transparent transactions between service and product suppliers. Imusify’s open-source, self-publishing platform also creates an efficient and lucrative system for content creators to network and collaborate, while maintaining complete control over their work.
Imusify platform is created to provide artists the freedom, higher income, and transparent transactions between service and product suppliers. Imusify’s open-source, self-publishing platform also creates an efficient and lucrative system for content creators to network and collaborate, while maintaining complete control over their work.
The purpose of IMU tokens
IMU tokens will be used as the engine to support one of the first functioning blockchain music economies, creating an immense potential value for the token’s use throughout imusify’s infiltration into the industry. In short, the primary use of the token is to;
- Provide reward payments to artists on a per stream basis
- Reward users for curating and contributing to content
- Purchase and license content
- Crowdfund artist content projects
- Exchange value between service providers and creators
2. FINANCE:
- Token information
- Token Distribution
3. A REVIEW ABOUT IMUSIFY:
- Imusify has a strong team:
The team of Imusify consists of the strongest technical skill members who have many years experiencing in blockchain and technology company. The development team of Imusify includes the most skilled members in management, technical, the blockchain, music, marketing, IT, ... they have many years of experience in the areas in which they operate. The team is perfectly prepared to deliver an impeccable product to the global market. The Project team consists of 08 experts and engineers.
In addition, they have an advisory board of world-class talents with 17 persons.
- Imusify has a great idea, a well-built documentations, and website
- The website at https://imusify.com Has a beautiful interface, eye-catching and easy to see, contains all necessary information about the purchase, exchange as well as the development direction of the project. It shows the professionalism of the Imusify team in project operation.
- The Whitepaper detailing 59 pages of Imusify in English is available at https://imusify.com/whitepaper.pdf It contains information about the project, the development team, roadmap, development direction, operation, and ICO. This Whitepaper is designed very nicely and the information is illustrated in detail. This illustrates the great effort that the Imusify team has put into this project.
- Partners:
4. CONCLUDE
Adding another project contributing to NEO's ecosystem of the Marketplace, this project will help further develop this potential ecosystem. The project was carefully prepared by the members of the group, products, partners, marketing, ... The project is aimed at the digital music industry is extremely potential. The activities of intermediaries in the music field gradually become useless, and the work of the authors will be paid fairly.
This promises to be one of the ICO projects worth paying attention in the fourth quarter of 2018. You have to give your own judgment and investment in a smart way.
You can take a closer to Imusify by a look at the following links:
- Website: https://imusify.com
- ANN: https://bitcointalk.org/index.php?topic=4327428.0
- Whitepaper: https://imusify.com/whitepaper.pdf
- Telegram: https://t.me/imusifycommunity
- Twitter: https://twitter.com/imusify
- Facebook: https://www.facebook.com/imusify/
My Username : Gambzzz
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2466351;sa=summary
My ETH Address : 0x505c1205514D5bBcE8bC076e06D7056964589167
Telegram : @Gambzzzzzz
Email: Gambzzzzz@gmail.com
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