Music1 App Whitepaper
Music1 App is a music streaming platform based on blockchain technology. In addition to streaming services like Spotify, Soundcloud, and YouTube, both artists and record labels can publish music exclusively to the Music1 platform and monetize views and views. Free membership will be available to anyone to join and listen. Registered, verified artists and bands can create new revenue channels to maximize profits from their fan base.
Music1 also allows listeners to own NFT headphones and monetize views and listens.
The MUSI token will be the base currency used on the platform. Used to buy NFT. By listening to music, watching music videos and content creation, artists and users can earn LIS tokens.
Music1 is also an NFT marketplace. This marketplace will benefit from the liquidity shared by the NFT ecosystem with other dominant online marketplaces like Binance NFT, OpenSea for maximum visibility.
Music1 can be accessed via mobile device, browser, or PC application so that it is available for mass adoption by anyone, anywhere, on any device.
How does the Music1 make money? Although the Music1 platform is free for anyone to join, the following identifies the 4 streams of potential revenues that will allow for profitability for the investors and platform operators:
1. NFT Marketplace: Music1 will earn a 10% commission and/or transaction fee
2. Advertising Space:Music1 platform can sell targeted advertising space or run online marketing programs. Advertising revenue will increase with the amount of traffic on the platform.
3. TikTok Integration: Our Fan Club Tech Team will offer the tools to incorporate TikTok into their content distribution channels and help boost them to the paid highlight reels while getting exposure to a new database of younger audience to increase popularity and build fan
4. Content Creation Team: Content Creation Team: Music1 can create content to earn income on platforms
Note: MUSIC1 is currently under Public Beta Phase, so contents in the Whitepaper could be changed in the future
Email: Contact@music1.app
Telegram Channel: https://t.me/music1_office
Website: https://music1.app
Twitter: https://twitter.com/Music1App
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