Muzika Network

Muzika Network

Created using Figma
Created using Figma
Transforming the Music World through Blockchain
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Huobi Korea
    MZK/BTC 27 minutes ago
    $ 0.0076
    $ 19.406 K
    -0.24%
    -11.25%
  • Huobi Korea
    MZK/ETH 27 minutes ago
    $ 0.0076
    $ 15.573 K
    -1.36%
    240.50%
  • Binance DEX
    MZK/BNB 2 days ago
    $ 0.0083
    -
    -
    -
  • Huobi Korea
    MZK/BTC 2 months ago
    $ 0.0128
    $ 139.099 K
    -18.57%
    -19.16%
  • Huobi Korea
    MZK/ETH 2 months ago
    $ 0.0128
    $ 30.555 K
    -23.31%
    -71.19%
  • TokenJar
    MZK/WETH 2 months ago
    -
    -
    -
    -
  • Dcoin
    MZK/ETH 3 months ago
    $ 0.0224
    $ 1.513 K
    -
    -
To be announced
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
South Korea
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About Muzika Network

Previous music blockchain projects have overlooked the importance of a large userbase to achieve widescale adoption. These projects have demonstrated that it is possible to give a higher commission rate to artists for their work using Smart Contract transactions. However, for artists, the low commission rate offered from traditional music streaming apps that had huge userbases were more attractive than blockchain apps using Smart Contract transactions. Case in point, a 10% commission of $1,000 from iTunes was preferable to 90% commission of $1 from a Smart Contract transaction.

Muzika aims to provide musicians the best of both worlds: a higher commission rate for their creative content and a strong userbase. Muzika has developed a strong system for incentivizing fans to contribute to the Muzika ecosystem. These incentives will build the userbase necessary for Muzika to provide both higher commissions to artists along with the mass userbase of traditional music streaming sites. The network effect from a mass userbase will be the key to developing an autonomous, self-sustaining ecosystem. In other words, Muzika can provide musicians with 90% of $1,000.

Muzika has already made significant achievements towards the development of sustainable solution to inefficiencies in the digital music industry. In 2015, co-founders of Muzika saw an opportunity in the online instrumental music industry and started online instrumental music platform Mapiacompany. In just over 3 years, Mapiacompany has become the #1 global instrumental music platform with over 2 million users. Muzika will build upon this existing userbase and community.

 

Features

We will reform how value is created and captured by various players within the industry. We will return rewards to those who create the value, from those who merely transfer the value, while recovering the share lost from digital piracy through blockchain technology. Muzika will create an autonomous, self-sustaining ecosystem driven by artists and their fans in tandem, where compensations and rewards will become proportional to the level of devotion put into musical creations and ecosystem behind them.

  1. Smart contract will allow digital musical products to be transferred directly from artists to fans, ensuring fairer and more transparent economic distribution.
  2. Fans will be rewarded with loyalty points for their various community activities, which will be regularly converted into MZK coins - the sole medium of exchange for all economic activities in the ecosystem.
  3. Fans will have opportunities to make direct sponsorship to their favorite artists, supporting them and receiving exclusive benefits in return.

Muzika Network Roadmap

  • February 2017

  • Project conceptualized.
  • July 2017

  • Commencement of platform modeling.
  • February 2018

  • Tokenomics Structure Design Completed.
  • April 2018

  • Platform Testing Begins
    Login protocol;
    IPFS tech. application.
  • Read More
  • June 2018

  • Platform Testing Completed
    Realtime encoding/decoding;
    Testnet Operation.
  • September - December 2018

  • Testnet Prototype Launch;
    Mainnet Prototype Launch;
    Integration of MZK transaction system to the existing platforms.
  • January 2019

  • Phase 1 Service Launch
    Consumption-oriented services.
  • February 2019

  • Phase 2 Service Launch
    Production-oriented services.
  • April 2019

  • Phase 3 Service Launch
    Official global launch of the full Version Muzika ecosystem.
  • 2020

  • Reshaping the Global music industry.

Activity

Activity:
6
VERY LOW
Posts:
4 060
VERY HIGH
Views:
46 829
VERY HIGH
Activity:
6
VERY LOW
Merit:
0
VERY LOW
Posts:
4 060
VERY HIGH
Views:
46 829
VERY HIGH
Users:
11
LOW
Followers:
881
LOW
Tweets:
217
MEDIUM
30 Days Growth:
-3
Alexa

Rank:
4 170 172
VERY LOW
Delta:
-2 215 048
Year commits:
3
Watchers:
3
Stars:
0
Forks:
0
Open issues:
0

Muzika Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

William Wu
Head of Global PR
unverified
Minkyung Lee
Brand & UX Designer
unverified
Jihyun Kim
DevOps/Server Engineer
unverified
Hyunju Hwang
Frontend Developer
unverified
Kyunghee Chang
Frontend Developer
unverified
Jaechan Ahn
AI/ML Researcher & Server Developer
unverified
Sukyung Na
Head of Global Business
unverified
Yeji Chung
Head of Music Management
unverified
Seongheon Cho
Head of Compliance
unverified
Inseo Chung
CEO & Co-Founder
unverified
Sangmin Heo
CTO & Co-Founder
unverified
Jangwon Lee
COO & Co-Founder
unverified
Seungwon Kang
Blockchain Core Engineer
unverified
Chaehong Jeong
Blockchain Platform Engineer
unverified
Jungwoo Lee
Head of Business Development
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Michael Cho
Advisor
unverified
Yoonwoo Lee
Advisor
unverified
Stella Kung
Advisor
unverified
JoonKee Hong
Advisor
unverified
Inkyu Choi
Advisor
unverified
Brian Lee
Advisor
unverified

5 ICO

$8 400 000

Adrian Lai
Advisor
unverified
Sam Lang
Advisor
unverified
Jonathan Lee
Advisor
unverified
Alyssa Tsai
Advisor
unverified
Myunsik Cho
Advisor
unverified
Kevin Yeung
Advisor
unverified
JangYoon Kang
Advisor
unverified
Allen Ng
Advisor
unverified
Dee Hu
Advisor
unverified

Muzika Network Last News

$ 0.0076
-6.78%
Coin Stats
Daily, %:
-6.78%
Weekly, %:
-16.00%
Monthly, %:
-23.13%
Market Info
Market Cap:
Volume 24h:
$ 34.979 K
Circ. Supply:
0 MZK
Ticker:
MZK
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