⭐[ANN] imusify 🎸 Award-Winning Blockchain Music-Tech

[imusify]

imusify is an award-winning music platform that is reinventing the global music industry in order to liberate music makers, music fans, and music entrepreneurs. Let imusify help you find your creative voice, build a loyal following, discover great music, and reward your contribution. In today’s music industry, money speaks louder than ever. The rapid digitalization of music has led to a wide range of avenues for monetizing content. The problem, however, is that the music industry was built as a centralized system for physical distribution. This was more practical in the 1970s when there was no internet and record labels were distributing actual records. This centralized system was not designed for today’s digital world and its outdated structure creates multiple inefficiencies in the music value chain. Fortunately, we now have the technology to begin to decentralize the music industry, providing increased value to artists, consumers, and other industry players.

imusify is one of the pioneers of music’s decentralization movement. Other blockchain music projects also show leadership in tackling certain inefficiencies such as event booking and copyright management. However, what sets imusify apart is that it aims to serve different shareholders and players across the entire music value chain, including crowdsourcing, collaboration, production, distribution, promotion, curation, live events and more. While existing blockchain music projects address several current pitfalls of the music industry, imusify is designing for the future. We are building a scalable and adaptable technology framework for artists, music lovers, entrepreneurs and developers to use our platform to connect with the imusify community, create collaborative content and build new use cases.

I read whitepaper - i understand almost everything

So it will be like a Napster + LinkedIN + blockchain integration for music and fans, entrepreneurs etc?

am i correct?


and invest is possible with ETH/NEO only?

That captures the gist of our vision, yes. Something like that!!

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[imusify]

IMU is either rewarded for contribution to the platform, or used as a currency for exchanging digital assets and services. By establishing trust and transparency between artists, supporters, fans, and industry service providers; a vibrant ecosystem emerges.


So IMU token is a utility or security?


And i see it will be used for artists, supporters, fans and industry service providers on platform is that correct?

So that means that IMU token will have good liquidity and usage for paying and be payed by it?

or you have any more details about usage of IMU token?

IMU is a Utility Token. It will be used for rewarding the contributions in the music industry, for artists to crowd-fund their next album, for collaborations etc. Please read our whitepaper for all the use cases -- https://imusify.com/whitepaper.pdf

Yes, Exactly. IMU tokens will have good liquidity and usage for paying and be payed by it.

[CryptoCADCAM]

This will be great in terms of helping the "little" musicians to thrive and maybe to start a big career. I am getting this right ?

[Chevy_REP]

ABOUT IMU (ϑ) TOKENS
PreSale begins 1 July 2018
Total Token Supply -- 1,000,000,000 IMU
Softcap -- 20,000 NEO
Hardcap -- 436,000 NEO
ϑ IMU tokens are used as the engine to support imusify’s multi-layered, decentralized music economy. This will create an immense potential value for the token’s use throughout imusify’s infiltration into the industry. Through our smart reward and compensation system, ϑ IMU is either rewarded for contributing to the platform, or used as a currency for exchanging digital assets and services. By establishing trust and transparency between artists, supporters, fans, and industry service providers; a vibrant music ecosystem emerges

Why choose such a big amount of tokens distributed ?  (If I get this right ... only NEO contribution)?

[Cryptohaaans]

What is Charity Program -- (2% of tokens) and Contributor Rewards -- (2% of tokens) ?
Thank you

[geoneojapan]

Whitelist is already alive?

We can whitelist now and guarantee presale with 30% bonus?


Right whitelist adress for Imusify is?  -- https://imusify1.typeform.com/to/B57PrB

[DropBombzENT]

How did you come together to coin your product?

[addicto]

I didn't see any comparison what are the advantages and benefits to join this project while there are some projects already working on this concept like VIBE and VOISE. If you would like to share this chart to let us know than it will encourage the people to invest in it.

[diomiobadass]

26 days till crowdsale?

or presale?

how long it will take if i whitelist today?

[Crazycrypto1]

Inefficiencies of Centralization

The rapid transition to digital media has led to a diminishing rate of return for artists. The exploitation artists currently experience is a result of the extreme inefficiencies that lie within the current centralized music system. Lack of transparency within the system has led to lost revenues, misattribution of ownership, and ineffective licensing processes. Not only are artists struggling to earn a fair and sustainable income, but large organizations continue to grow and withhold unfair portions of revenue.

I am not quite getting this decentralise music system ? Why would you need to decentralise it ?

[RiseICORise]

IMU is either rewarded for contribution to the platform, or used as a currency for exchanging digital assets and services. By establishing trust and transparency between artists, supporters, fans, and industry service providers; a vibrant ecosystem emerges.


So IMU token is a utility or security?


And i see it will be used for artists, supporters, fans and industry service providers on platform is that correct?

So that means that IMU token will have good liquidity and usage for paying and be payed by it?

or you have any more details about usage of IMU token?

IMU is a Utility Token. It will be used for rewarding the contributions in the music industry, for artists to crowd-fund their next album, for collaborations etc. Please read our whitepaper for all the use cases -- https://imusify.com/whitepaper.pdf

Yes, Exactly. IMU tokens will have good liquidity and usage for paying and be payed by it.

Will you have a wallet for tokens on the platform or will the payable/be payed tokens go to MEW or exchange ?

[Irene Janet]

It worries me to know how it is that it is going to change the musical world, we are talking about how we will listen to it or how it will come to us to listen to it?

[hrbtzor]

With the value of the global market for digital music exceeding 12,000,000,000 USD, it is hardly surprising that imusify must compete with some strong global players to acquire a market share.

i will invest - digital music market is future - and all industry together

[gamber2020]

ok i am curious - why NEO ecosystem?   why not  EOS that is more scalable?


From whitepaper -

SYSTEM ARCHITECTURE
The imusify platform uses user personas to categorize user interactions and reward IMU tokens accordingly.
When an individual signs up to use the platform they receive an mUser identity. The mUser withholds all identity
information and serves as the reputation point for personas to be created on top of it. New personas are created
either automatically, when a mUser commits a certain action, or by voluntarily creating a new persona to conduct a
certain action. Personas and asset classifications are architectural system components used to build an organized
and seemless UX for users to conduct different actions.


There will be billions of transaction when Imusify will get worldwide adoption?

Or have NEO plans to handle it all?

[hrbt]

Imusify’s mission is to provide an open-source innovation space for developing
new means of music distribution, consumption, and engagement. imusify is
building a music smart economy to allow for direct exchange of value between
artists, fans, and other stakeholders, giving our community the power to control
the future of the music industry.


So Imusify will be like Napster + LinkedIN + Spotify + FB + blockchain + crypto  for music sector?  All in ONE platform?

[todavenera]

It's good that platorm is already available for test - so it's not just in whitepaper 'theory'

[luckyman0160]

Hi! Will there be an ICO of this project? Didn't find no info about it... why did you choose NEO for this platform? Why not eth?

[imusify]

Whitelist is already alive right?

We can whitelist now and guarantee presale with 30% bonus?


Right whitelist adress for Imusify is?  -- https://imusify1.typeform.com/to/B57PrB

Yes, whitelist is live.
Here's the updated URL -- https://tokensale.imusify.com/

[imusify]

This will be great in terms of helping the "little" musicians to thrive and maybe to start a big career. I am getting this right ?

Yes, the wave of digitalization is trying to blow away the little musicians. We want them to crowd-fund their next music project via imusify.

[imusify]

26 days till crowdsale?

or presale?

how long it will take if i whitelist today?

Get Whitelisted -- https://tokensale.imusify.com/