Muzika Network

Music is one of the main entertainment for many of us. That’s why it’s one of the biggest entertainment industry. Most often than not music artists are not getting for they deserve, according to some studies only between ten to twelve percent are getting paid to the music artist, most of the payment will go to the cost of platforms, producers and distributors of an album or a song. With the modern technology we can listen to the new song via streaming, yet music artist from nineties are getting more revenue compare today. Artist is getting paid more before when we are buying compact disk disc than streaming it online. On recent studies from 2005 to 2015 music industry drops five billion dollars’ worth of revenues despite more user listening revenues are getting smaller. We had more convenient buying songs today than before but as a consequence music artist will get fewer revenues than before. Perhaps the main reason for declining sales is piracy, we can download and copy songs easier now compare than before. 

Now we know the issues of our music artist I saw a network that will help our musicians, introducing Muzika “transforming the music world through blockchain closing the Gap between Music Artists and fans”. Muzika aims to lessen or remove profits from distributor, producers, and platform that will make music artist to gain more profits. Muzika is a free to use platform for music artist, “free” means no commissions or profit will be deducted from musicians that’s why musicians will get 90% of the profit using Muzika. Unlike other ICO’s they will start with proven service just they will improve it the platform behind Muzika is Mapiacompany Inc. the biggest and first online piano music platform in South Korea with more than two million users. It’s a good start since forty percent of South Korean’s are music streaming subscriber, highest among all nation.

How does it work?

Muzika's digital music ecosystem will serve as a channel for the distribution and publication of musical content and fair compensation for artists. Fans will also be involved in all phases of a song's life cycle, from sponsorship to production to consumption.
Overview of the Muzika ecosystem:
 muzika
In this self-sufficient ecosystem, community members are rewarded with loyalty points for a range of community activities, including voting, commenting, publishing, and sharing songs. These loyalty points are then converted into the utility token of Muzika, MZK. The ecosystem also provides a direct link between donors and artists, allowing donors to pay artists directly for their music.
All transactions between sponsors, fans and artists are recorded on the blockchain, which is a decentralized, safe and unchangeable ledger. External streaming services may also be involved in the ecosystem using the same shared blockchain accounting book, ensuring optimal transparency in the calculation of the number of flows and the payment of subsequent copyrights. .
Features of Muzika network:
1 -Self-overseeing, Muzika stage will be done and all the required activities required for a music stage will be open. Like comments, conceptualizing, data sources, and others.
2- A business open door for melodic mechanize and organization
3- Promoters and sponsorships, any customer can bolster adroit worker that they reinforce as a reward for their sponsorship they will be given a couple of suspicious circumstances on the phase that exclusively for adherents.
4- Melodic test programs, Muzika kens some capacity may be concealed in the stage a couple of tryouts for the melodic test might be held in the stage
5- Live spouting for events like shows
6- Spilling music
The ecosystem on Muzika platform
Muzika will make an independent, self-keeping up organic network driven by specialists and their fans couple, where compensations and prizes will wind up relating to the caliber of obligation put into melodic appearances and condition abaft them.
1- A sagacious contract will empower electronic melodic things to be traded concretely from experts to fans, ascertaining more alluring and more clear monetary scattering.
2- Fans will be compensated with faithfulness centers for their distinctive system works out, which will be routinely transmuted over into MZK coins – the sole medium of exchange for each mazuma cognate activity in the natural network.
3- Fans will have opportunities to make direct sponsorship to their most cherished adroit workers, fortifying them and getting concrete predilections thusly.

Token details:
Token name: Muzika
Symbol: MZK
Token type: ERC20
Total supply: 1 billion MZK

Road map


Author: iiezzrahayu25
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2396973;sa=account
ETH Address: 0x0aE66aeFCC86Ca13Bc5974e5c251C677bc828FbC

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