imusify | Blockchain Based Music Ecosystem

Imusify has developed a decentralized music platform and smart economy that delivers value to all user types while continually optimizing the music value chain.

However there is a problem in the current music industry. It can be identified as having a centralized system for physical distribution. It creates some inefficiency in the music value chain. They are recorded as,

The rapid transition to digital media – It diminishes the rate of return for artists

The exploitation artists – It creates extreme inefficiencies

Lack of transparency within the system – It leads to lost revenues, misattribution of ownership, and ineffective licensing processes.

All this inefficiencies create struggles to earn a fair and sustainable income for the artists where large organizations continue to grow and withhold unfair portions of revenue. Further there is a disconnection between music creators, collaborators and shareholders nowadays than the earlier.

Imusify provides a combination of innovative protocols and frameworks. It facilitates to direct peer-to-peer connection between artists, fans, and other stakeholders. The platform offers the best practices of traditional crowdfunding, streaming, media sharing, economic and social networks. Accordingly Imusify addresses the existing problems in the music industry by,

eliminating the need for existing intermediaries

resolving inefficiencies

providing transparency

ensuring everybody is fairly rewarded for their contribution

Crowdfunding music project, supporting favorite artist, discovering new music, streaming favorite tracks, collaboration with anyone anywhere, getting exclusive tickets to shows, connection with fans, getting paid for the creative services, transparent artist royalty payments incentivized content curation, open-source development are the main facilities provided by Project Imusify in this regards.

Imusify Platform

Imusify will examine to provide the solutions that can crate decentralization in the global music industry. They are,

Digital Rights Management – It eliminates the need for latent payment reconciliation by providing a system for automatically sharing of consumption information, offering universal transparency to artists, distributors and consumers.

Payment Transparency – It provides more information to artists about how their work is being consumed and how they are being compensated.

Licensing and Monetization – It provides the opportunity to license and monetize content in exciting ways to artists.

The symbol of the token used in this project is ϑ IMU. The total supply of token is recorded as 1,000,000,000 ϑ IMU. The maximum amount of fund that it is expected to raise as hard cap is $25,000,000 where the minimum amount of fund that it is expected to raise as soft cap is $1,000,000. The total supply of fund is expected to distribute as follows,

Ecosystem - ϑ 80,000,000

Team and Advisors - ϑ 80,000,000

Charity Program - ϑ 15,000,000

Strategic Partnerships - ϑ 80,000,000

Company - ϑ 80,000,000

Main Sale - ϑ 350,000,000

Contributor Rewards - ϑ 15,000,000

Pre-Sale - ϑ 100,000,000

Private Sale - ϑ 200,000,000

So raised fund will be used for the development of the project as follows,

Product Development - 20%

Sales and Marketing - 20%

Supplier Development - 20%

Legal - 20%

Operations - 15%

Charity Program - 5%

Imusify has planned to achieve followings after the pre-sale and main sale,

Launching MVP

Launching platform 1.0

Imusify is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in Finance, Marketing, Project management, technology, Product designing, Bleckchain Technology, Music, public relationship, and legal matters and so on.

imusify team