jirban

July 30, 2018

Inmusik

Inmusik is an ecosystem based on a blockchain database that supports the music industry, streaming and social interaction, with cryptocurrency rewards and a financial framework on which future applications of the music industry can be built.

The platform is a fusion of concepts from music streaming and social media, including community curation, verification and transparent payouts for content owners as well as contributing listeners / fans. To enable a fair market economy for an industry built on all types of music assets, a system is required that can easily account for the contribution of each user. Inmusiks Token is the first cryptocurrency that aims to allow an industry to flourish accurately and transparently in this new digital age, while rewarding its users for their subjective contributions to the ecosystem and enabling a large number of applications that have not yet been conceived.

Music industry, decentralized.

Inmusik's Cryptocurrency ($ OUND Token) is the first of its kind in the creative industry, allowing anyone who contributes to the success of the platform to be fairly rewarded on the basis of measurable values. The system is designed to mathematically recognize contributions and automatically pay users, all built on a viable and sustainable business model.

The Inmusik cryptocurrency serves the music industry through:

1. Being a fair and transparent system that ensures that music can take place.
2. Is controlled by the community, so that the system is defined by those to whom it offers value.
3. Allow other third parties to use the currency, platform and system to create new and more efficient solutions to problems that have not yet been proposed.
4. Support the creative arts to ensure that creating music goes well.
5. Increase the economy of the music industry by doing business in new and unlimited ways.

Economic incentives

The Inmusik platform is designed as the first platform that rewards both listeners and content creators to the same extent, based on the value they provide to the community. In this way, the growth of a new platform for social content can be accelerated enormously with the help of the economic incentives made possible by cryptocurrency. Moreover, this system is built on a real, viable and scalable business model that supports Inmusik cryptocurrency and gives Inmusik a formidable market advantage.

Recognize contributions

Beauty is in the eye of the spectator. An accurate and beautiful philosophy, but also a major challenge in the way rewards can be divided for managing musical content.

Who should say whether someone should be rewarded or not on the basis of his personal taste? Users who participate in Quick-Play on a daily basis receive rewards for easy participation, because their contribution (while serving) makes new music faster to an audience and the system delivers valuable data. In accordance with our first fundamental principle - All people who actively contribute to the success of a company must be rewarded in direct relation to the measurable value of their contribution - that participation must be awarded, and that is it.

For fans and listeners

The Inmusik streaming app rewards music lovers for their positive contribution to the community. Earn tokens for finding great new songs, voices to help the best music surface and get behind artists to help them succeed. Your love for music has never been so rewarding.

1. REWARDS AND INCENTIVES
Fans are rewarded for easy interaction. Finding great new music and helping the surface pays off.

2. FAIR PAYMENT FOR ARTISTS
Artists earn more in a fair and transparent way and make direct contact with fans. Designed for signed and independent artists

3. FINANCIAL ORDER
With distributed third-party ledger and smart contracts, every cent of revenue can be easily automated and transparent.

4. FASTER LIQUIDITY
Without waiting time, the payouts are immediately available to anyone earning within the community.

Distribution and supply