🎵MeMusic
Official Whitepaper, last updated April 2024
Our Motive
MeMusic's motive is to bring balance to the lopsided music industry. The industry is a growing, multi-billion dollar industry with an unfair revenue distribution. However, unlike other industries, artists only capture about 10~12% of the revenue generated in the industry. Furthermore, the end-users (consumers) of the service receive no compensation or rewards. In the crypto market, there has been a surging interest in rewarding users through entertainment. While there are different industry + reward (finance) combinations such as GameFi or SocialFi, there has not been an approach to a tokenized combination of Audio (Music, Podcasts, Audiobooks) and Finance.
Our main aim is building an inclusive, end-to-end platform that provides a multitude of services leveraging blockchain and artificial intelligence to various industry participants including but not limited to: artists, distributors, agencies, and publishers.
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