May 12, 2018
Today, music creators operate within a complex web of intermediaries when distributing digital content and attempting to recoup payments for their work. Blockchain technology allows artists and creators to retain direct control over their work throughout the distribution process, and facilitates a peer-to-peer exchange of value between creators, consumers and other industry contributors. This paper presents imusify, a decentralized music platform and smart economy, and provides a narrative into how imusify will deliver value to all user types while continually optimizing the music value chain. The first section of this paper discusses the current landscape of the blockchain industry and the benefits and risks that have come to light as a result of blockchain’s recent economic boom. The second section examines the core components of the imusify project- its business model, architecture, and community. It also explains imusify’s favorable position to lead a widespread societal adoption of decentralized systems using the universal language of music.
Attention. There is a risk that unverified members are not actually members of the team
$24 285 887
$21 763 563
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