# MeMusic Official Whitepaper, last updated December 2024

Reshaping the Value Flow in the Audio Industry

## Our Mission Since inception, MeMusic's goal has been to fix the issues of a lopsided industry. With years in research and development, our mission is evolving to position ourselves into a comprehensive hub, where creators will not only build, manage, and own their fan-creator economy but also leverage an ecosystem powered by **artificial intelligence** as the backbone of content, product, and service creation. AI will power **StreamChain**, a patent-backed infrastructure that will serve as a native content delivery network to drive streaming applications efficiently. Additionally, AI will empower **Stations**, fostering an AI-driven ecosystem that will pioneer the next phase of AI-generated influencers and content management systems. These innovations will redefine how creators and users interact with digital platforms, making AI an integral part of the ecosystem. Stations will serve as a cornerstone of MeMusic's ecosystem, offering creators a dynamic platform to establish and manage their fan-creator economy. Through Stations, creators will have the ability to set up tailored subscription tiers, sell content on a pay-per-view basis, and design exclusive, tokenized community experiences using NFTs. This platform will empower creators with unparalleled control over their interactions and revenue streams, while integrating seamlessly with MeMusic’s broader AI and blockchain-driven initiatives. MeMusic's legacy services will now fall under **Waves**, a unified brand that will encapsulate its legacy services, including the social audio application, NFT marketplace, and crowdfunding launchpad. Waves will be tailored specifically to the music industry, leveraging $MMT as its primary utility token. This ecosystem will empower artists and creators with tools to fundraise, distribute, and monetize their content seamlessly. Additionally, by expanding into the Ton ecosystem, Waves will facilitate outreach to millions of users through a Telegram mini app, enabling creators to grow their audience and connect directly with fans more effectively. MeMusic will no longer just be a platform—it will evolve into a comprehensive ecosystem. As a hub for innovation, MeMusic will embrace multiple tokenization models, introducing new native tokens and NFTs designed to unlock exclusive opportunities. This ecosystem will not only be a hub for building innovative dApps but also a foundation for pioneering a fairer, more inclusive market for content creators. By combining blockchain, AI, and a suite of services tailored to creators, MeMusic will lead the charge in rebuilding a lopsided industry, ensuring creators and users alike thrive in this transformative digital landscape. # NFTs & Music Non-fungible tokens (NFT) are digital assets issued on-chain. Unlike fungible tokens, which are often used as a utility token to power for transaction fees, service fees, or rewards. NFTs are usually digital assets such as images, music, or text. Due to the nature of blockchain, NFTs are unique, immutable digital assets. Recently more entrepreneurs have been receptive about the potential of NFTs. Often we will see influencers and entrepreneurs stating that the NFTs are the future. At MeMusic, we also believe in the potential of NFTs. However, companies and developers need to acknowledge the clear limitations of the current use cases of NFTs. With NFTs, the primary issue is that regular uses cannot distinguish the differences between a copy of an image and a NFT. Therefore, most digital assets are vulnerable to piracy issues. In addition, the clear benefit of owning a digitized asset is somewhat unclear to a regular person.The same challenge rises with Music. Users will question the difference of owning a master to a Music and streaming the music for less cost on an application. # Overview A general overview of MeMusic's Business
One of the main challenges Web3 companies face is establishing a sustainable business model and robust fundamentals to position themselves as reputable organizations. When decentralization and tokenization are overly emphasized without a balance, companies risk losing the foundation needed to ensure long-term viability. For example, striving for complete decentralization or offering zero-fee services often proves financially and technically unsustainable. Instead, MeMusic focuses on empowering content creators by diversifying their revenue streams while addressing the challenges faced by streaming service providers and content platforms. MeMusic's business is built on three fundamental pillars: Stations, Waves, and Streaming. Each pillar addresses a unique aspect of creating and consuming content, forming a cohesive ecosystem for the creator economy. ### **Stations** Stations is MeMusic's blockchain-powered platform that redefines the fan-creator economy. It allows creators to manage subscriptions, sell pay-per-view content, and create tokenized passes for exclusive experiences. By integrating AI agents and blockchain technology, Stations empowers creators to connect with fans in innovative ways while maintaining low fees compared to traditional platforms. Stations is the cornerstone of MeMusic’s mission to pioneer the next phase of creator-focused platforms. ### **Waves** Waves is a unified brand encapsulating MeMusic's legacy services, including a social audio application, an NFT marketplace, and a launchpad tailored to the music industry. Waves empowers creators with tools to publish across streaming services, connect with distributors and labels, and fundraise for projects. By leveraging $MMT as its primary utility token, Waves enables artists to expand their outreach, establish their presence, and build a thriving digital brand. ### **Streaming** The final pillar of MeMusic’s business is revolutionizing how audio content is consumed. By integrating blockchain-powered royalty distribution, MeMusic ensures creators receive fairer payouts compared to traditional streaming platforms. AI-driven content delivery through **StreamChain**, MeMusic’s patent-backed technology, enhances streaming efficiency, making it a reliable and scalable solution for audio content creators and consumers alike. Through these three pillars, MeMusic aims to lead the evolution of the content economy, providing creators with the tools, platforms, and ecosystems they need to thrive in a decentralized digital world. # Streaming MeMusic's business Overview in Music Streaming

MeMusic Streaming

As MeMusic challenges Spotify and other streaming service providers, we are set on building a sustainable business model and fundamentals. Through this approach, not only are we creating revenue streams for artists but also resolving the challenges that streaming service providers face. While Spotify started its financial turnaround by generating profits in 2021, for years the company has been struggling to generate profits with the pile-up costs in royalties. Therefore, despite the magnitude of revenue, Spotify had to face a challenge in building a profitable business model by relying on advertisements. While the future prospects from financial analysts are bright, the lack of various revenue streams will be a challenge for Spotify and its competitors. However, Spotify will continue to face complaints from artists about the lack of transparent, fair compensation to the artists. Spotify maintains as the world’s largest streaming giant, however their pay-per-stream is on the lower-end when compared to Amazon Music, Tidal, YouTube Red, and Apple Music. At MeMusic, building a user/artist friendly streaming service is our primary interest. Streaming is the major form of enjoying and consuming entertainment consumers. As a business, however, we divert our attention towards building other services for the artists. This diversion allows artists to expand their revenue streams and fans to expand their interactions. As profitability is relatively less of importance in the streaming service, MeMusic can allow to build a true decentralised streaming service without compromising the artist payouts or user conveniences.

MeMusic Streaming Compared to Other Competitors including Web2 & Web3

## **Comparative Advantages** MeMusic's streaming application will have various advantages when compared to the current mainstream competitors such as Spotify or Apple Music. MeMusic is focusing on providing features that has been unseen in the mainstream service providers. ## High Usability & User-centric Interface ![A prototype interface of the MeMusic Streaming Application](/files/E4Cv3afLGjbnHWwO0A9f) At MeMusic, we wish to create a highly usable and user-centric product. As our motto, 'Personalized Music Experience through MeMusic', MeMusic wishes to curate the journey of enjoying music for each user. "*When designing MeMusic, we take all the achievements of the long journey travelled by giants like Spotify and Pandora, complementing the best of such platforms like Twitch and Patreon, Soundcloud and others. Our goal is not just another music and entertainment service or social network, but creating a service with music at its core: creating, listening, interacting with fans and discovering and growing/nurturing new talents. My personal goal is to create a service that will provide the best experience of interacting with music regardless of the country or device of the user*," Andrew Danilov, Chief Product Officer. ## MeMusic's Unique Advantages ### **Pro-Artist Distribution**

How Pro-Artist will impact Musicians

Most streaming service providers resort to pro-rata method for calculating royalties for the artists. This pro-rata method is designed to benefit the artists that make the most contributions to the provider's growth. Such mechanism means that there is no direct correlation between a user's fandom and contribution. Through the 'Pro-Artist' distribution, MeMusic distributes royalties based on 'per stream value' This allows streaming subscriptions from each user to be distribute towards the artist they stream for. MeMusic increases transparency of the royalty distribution through blockchain implementation. ### Listen & Earn MeMusic is the first streaming application that reward users for their contributions. As users stream music on the application, they are able to mine for MeMusic tokens. This will allow for them to use the tokens to purchase NFTs, purchase artist tokens, or store for value. # NFT Marketplace Multi-Chain, Multi-Functional NFT Marketplace ![](/files/v916LGM2PbWmYOJuxoJq) MeMusic’s NFT marketplace will have several functionalities and features that separates itself from its competitors for user acquisition. Our NFT marketplace is fundamentally different when compared to the NFT giants such as OpenSea, Rarible, Mintable, and more. Our focus with the marketplace is to create a seamless service that simplifies the onboarding, listing, and trading process for both users and sellers. MeMusic’s goal is to create a ‘boutique-NFT’ shop where we trade off the decentralisation for the quality. ## Multichain Implementation We believe that Artists should be able to select where their NFTs will be publicly issued and stored. We are creating an easy multichain NFT marketplace where the artists can simply click on any blockchain type supported to mint their NFTs. ### NFT Premier Artists can utilize NFTs into various ways on the MeMusic platform. However, when the artist decides to initially offer their NFTs, they have several options to customise the offering more unique. The ‘**NFT Premier**’ is a novel method of introducing initial music to the fans. Artists can not only exclusively allow NFT holders to stream their NFTs for a select period of time, but also raise funds for their song or album (NFT). Part of the challenge with the music NFT marketplace is onboarding mainstream artists and their tracks. There are no benefits for mainstream artists to provide a wholesale of a track that will generate in millions based on streaming royalties. However, based on our market research, artists could have the willingness to provide fractional percentages of their main tracks. This willingness can convert into fractional NFTs on MeMusic. ### Fractional NFTs & Trading When artist initially offer their tracks on MeMusic, they can intuitively select to divide the ownership with multiple users. Artists can offer a fractional ownership through either an initial auction or initial purchase. When users stake (delegate) their NFTs on MeMusic, users will be able to collect royalties based on their ownership. # Stations Overview MeMusic's Pilot Platform to reinvent content distribution amongst the creators Previously, our vision with Stations was to create a blockchain-based social audio application to help musicians to establish their own communities and build virtual presence. With our revamped roadmap update, we are expanding our vision with Stations beyond providing value to the musicians. Stations is redefining the creator economy by building a next-generation platform that challenges traditional fan-content services like Patreon. Designed with creators and fans in mind, Stations integrates low fees, dynamic rewards, and Web3 technology to provide a more equitable and innovative ecosystem. Creators can monetize their content through direct engagement with fans while retaining a greater share of their earnings. Fans gain access to exclusive content, gamified experiences, and unique NFTs, creating a deeper connection with their favorite creators. With its mobile app on the horizon, Stations is set to empower content creators. {% embed url="" %} Stations Mobile Legacy Version {% endembed %} ### What is Stations? Stations has now transformed from a blockchain-based audio platform into a comprehensive hub for creators across all content types. Positioned as a next-generation alternative to platforms like Patreon and OnlyFans, Stations empowers creators with innovative tools such as token-gated content, non-fungible member passes, and ultra-low platform fees of just 3%\*. Designed to foster deeper connections between creators and their audiences, the upcoming mobile app will provide seamless monetization, flexible membership tiers, and enhanced creator autonomy. Stations is setting a new standard for fair, accessible, and Web3-enabled creator platforms. ## Why the Changes? While our identity as MeMusic is rooted in audio content, our vision for Stations has always extended beyond music. Stations was conceived as an online hub for musicians to create, connect, and cultivate thriving communities. Recognizing the potential to empower creators on a broader scale, we’ve pivoted to focus on building a robust creator economy. By introducing features like pay-per-view content, flexible membership tiers, and token-gated access, we are providing creators with the tools to grow and monetize their audiences effectively. This evolution aligns with our mission to support musicians and creators alike. To bring this vision to life, we are excited to announce the release of our mobile application this month, marking the beginning of a new era for Stations. # Stations Mobile Stations Mobile is a content application tailored for creators

Own your content & Build Your Audience

The Stations mobile app is launching with powerful built-in features like pay-per-view content and flexible membership tiers, giving creators the tools they need to monetize their work and engage their audiences effectively. Looking ahead, we plan to enhance the platform further with an in-app NFT marketplace, enabling creators to offer unique digital assets directly to their fans, and live streaming capabilities to foster real-time interaction and deeper connections. Stations is not just a platform—it’s a dynamic ecosystem designed to empower creators and revolutionize fan engagement. # Privacy Policy for Stations Last Updated: December 14, 2024 Welcome to Stations! Your privacy is important to us, and we are committed to protecting your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our social media application and related services. By accessing or using Stations, you agree to the terms of this Privacy Policy. Please read it carefully and contact us if you have any questions. 1. **Information We Collect** \ 1.1 Personal Information \ • When you register for Stations, we collect your full name and email address. \ • You may choose to provide additional personal information such as your profile picture, gender, and date of birth, but this is entirely optional. \ • When you use our application, you may upload photos and videos of yourself, and these may contain personal information. \ 1.2 Usage Information \ • We collect information about your interactions with our application, including the content you view, upload, or engage with. \ • We collect data related to your device, including your IP address, browser type, operating system, and mobile device identifier. \ 1.3 Payment Information\ • If you make payments on our application, we use Stripe, a trusted third-party payment processor. We do not store your payment card details. Stripe handles all payment processing and retains your payment information according to its own Privacy Policy. 2. **How We Use Your Information** \ We use the information we collect for the following purposes: \ 2.1 Providing Services \ • To provide you with access to Stations and its features. \ • To communicate with you, respond to your inquiries, and provide customer support. \ 2.2 Personalization \ • To personalize your experience on our application, including showing you content that may be of interest to you. \ 2.3 Analytics and Improvements \ • To analyze how our application is used and make improvements to its functionality and user experience. \ 2.4 Legal Compliance \ • To comply with legal obligations, including responding to legal requests and preventing fraud. 3. **Sharing Your Information** \ We do not sell your personal information to third parties. However, we may share your information in the following ways: \ 3.1 Service Providers \ • We may share your information with third-party service providers who assist us in providing our services, such as hosting, analytics, and customer support. \ 3.2 Legal Compliance\ • We may share your information to comply with applicable laws, regulations, or legal processes. \ 3.3 Business Transfers \ • In the event of a merger, acquisition, or sale of all or part of our company, your information may be transferred as part of the transaction, but the receiving party will be bound by this Privacy Policy. 4. **Security** \ We take reasonable measures to protect your personal information from unauthorized access, disclosure, alteration, and destruction. However, no data transmission over the internet or electronic storage is entirely secure, so we cannot guarantee absolute security. 5. **Your Choices** \ You have the following choices regarding your information: \ 5.1 Access and Correction \ • You can access and update your personal information through your account settings. \ 5.2 Deletion \ • You can request the deletion of your account and associated data by contacting us. 6. **Changes to this Privacy Policy** \ We may update this Privacy Policy from time to time to reflect changes in our practices or for other operational, legal, or regulatory reasons. We will provide notice of any material changes on our application or through other means. 7. **Contact Us** \ If you have any questions, concerns, or requests regarding this Privacy Policy or your personal information, please contact us at . \ \ Thank you for using Stations! Your privacy is important to us, and we are committed to safeguarding your information # Terms & Conditions These Terms and Conditions ("Terms") govern your use of the Stations application operated by MeMusic ("Stations" or the "App"). By downloading, accessing, or using the App, you agree to comply with and be bound by these Terms. If you do not agree to these Terms, please do not use the App. Acceptance of Terms * By using Stations, you acknowledge that you have read, understood, and agree to these Terms, as well as our Privacy Policy, which is incorporated by reference. These Terms may be updated from time to time, and your continued use of the App constitutes acceptance of any such changes. User Eligibility * You must be at least 13 years old to use Stations. If you are under the age of 18, you must have permission from a parent or legal guardian. By using the App, you represent and warrant that you meet these eligibility requirements. User Accounts * You are responsible for maintaining the confidentiality of your account credentials. * You are solely responsible for all activities that occur under your account. * You agree to provide accurate, current, and complete information during the registration process. * You will not share your account with others or allow anyone else to access your account. • You must immediately notify us of any unauthorized use or security breaches related to your account Content and Conduct * You are solely responsible for the content you post, share, or otherwise make available on Stations. * You agree not to post or share content that is illegal, defamatory, obscene, harmful, or infringes upon the rights of others. * You will not engage in any form of harassment, hate speech, or any activity that promotes violence or discrimination. * You agree not to impersonate another person or entity. * Stations reserves the right to remove or restrict any content that violates these Terms or community guidelines. Privacy * Your use of Stations is subject to our Privacy Policy. By using the App, you consent to the collection and use of your personal information in accordance with our Privacy Policy. Intellectual Property * Stations and its content, including logos, text, images, and software, are protected by intellectual property right. * You may not reproduce, modify, or distribute any part of the App without our explicit permission. Termination * We reserve the right to terminate or suspend your account and access to Stations at our discretion, without notice, if you violate these Terms or engage in inappropriate conduct. Disclaimer of Warranties * Stations is provided "as is" without warranties of any kind, either expressed or implied. We do not guarantee the accuracy, reliability, or availability of the App. Governing Law * These Terms are governed by and construed in accordance with the laws of United Kingdom, without regard to its conflict of law principles. Contact Information * For questions or concerns regarding these Terms, please contact us at # User Data Deletion Instructions #### Instructions for Deleting Your Account on Station’s Mobile App: If you no longer wish to use our services, you can delete your account directly through the app by following these simple steps: 1. Open the App Launch the app on your mobile device and log in if you haven’t already. 2. Go to User Profile Tap on the User Profile icon located in the bottom-right corner. 3. Go to Settings Once on the User Profile Screen, Tap on the three dot icon located in the top-right corner to open Settings 4. Find the Account Deletion Option Scroll down to the section labeled Account Privacy. 5. Initiate the Deletion Process Tap on Account Privacy. Read the message and if you want to proceed, click “Request to delete the account” button on the bottom of the screen. 6. Confirm Deletion On the next screen, please select one of the options to give us a reason for your deletion.You can also provide an optional feedback. If you’re sure, tap “Delete My Account". This action is irreversible, and all your data will be permanently removed. 7. Receive Confirmation Once the process is complete, you’ll receive a confirmation message to verify that your account has been deleted and you will be logged out. If you’d like assistance, let us know! We’re here to help. # Stations for Creators How does Stations benefit Creators? Stations is evolving to empower creators of all kinds, expanding beyond its roots in music to become a versatile platform for content creators everywhere. With the new mobile app, creators can now take full control of their monetization by setting up their own subscription tiers or offering exclusive content on a pay-per-view (PPV) basis. Whether you're an artist, educator, influencer, or entertainer, Stations provides the tools to connect with your audience, build a loyal community, and earn sustainably. By combining flexible membership options and seamless PPV features, Stations redefines how creators can share their work and grow their brand—all in one powerful app. # Bubbles Explanation about Bubbles and what it is on MeMusic
Bubbles is the native digital currency (not a cryptocurrency) on Stations. Users can purchase Bubbles using a credit card to purchase content or donate to artists. Bubbles have a stable fiat value that will account to the artist immediately. Comparatively, if you have ever used Twitch before, Bubbles is like Twitch Bits. Once creators receive Bubbles, they can request for a withdrawal in fiat through their dashboard. | Bubbles | USD Pricing | | -------------- | ----------- | | 100 Bubbles | $10 | | 1,000 Bubbles | $100 | | 2,500 Bubbles | $250 | | 5,000 Bubbles | $500 | | 10,000 Bubbles | $1,000 | | 25,000 Bubbles | $2,500 | | 50,000 Bubbles | $5,000 | # Page 1 # Page # Page 2 # Token Utilities: $MMT MeMusic has a native cryptographic utility token. This is not a financial advice. MeMusic's native token ($MMT) will have various potential uses within the platform. Through this white paper, we provide information on our primary token utilities. ## Artist / Brand Tokens Artist Tokens is core to how MeMusic believes web3 could reshape the lives of artists, brands or labels. Our core philosophy with implementing blockchain/web3 into the music/audio industry is imposing a disruptive business model while not being intrusive. The current implementation of blockchain and cryptocurrencies (more specifically NFTs) are limited. Read more about artist/brand tokens [**here**](/memusic-token/creator-token). The $MMT token is fundamental in artist/brand tokens. All artist/brand tokens are required to list on MeMusic's native DEX with locked liquidity against the $MMT tokens. Users wishing to purchase the artist/brand tokens will need $MMT. ## **Native NFT Marketplace** Currently, users can mint NFTs from Stations with one-click onto Opensea. Later, users can mint NFTs directly onto MeMusic's NFT marketplace by using the native MeMusic token for less fees and furthermore customization. ## **Governance** Users will be able to use the MeMusic Token to exercise voting rights through delegating voting power to the Station Nodes. Token holders to vote on community proposals or listing assets on the liquid market. ## **In-App Items (more details coming soon)** Users will be able to use mint new NFTs/Items using the $MMT token. # Disclaimer *MeMusic token could be used in a liquidity mining / staking program, where users would stake their tokens for additional token rewards. Such use case of a token is not an official token use case and MeMusic does not warrant a financial return of a token.* *The token is not a security investment, which could allow users to have financial benefits and returns based on the token holdings. Token prices are determined by various factors including market conditions, market sentiment, and demand.* # Virtual MeMusic Token # Creator Token Personalized, Interactive Economy designed for Creators One of the narratives that are associated with web3 music companies is the ability of substituting labels, distributors, or third parties with NFTs. The idea, while mesmerizing, is fragile in nature because as customers or users the exchange of value does not add up when the NFTs are not scarce in nature. Although the argument could be made that superfans will collect the NFTs in support of the artist, the argument weakens if the web3 musicians do not have a platform to cultivate superfans. If web3 music is to be widely adopted, there needs to be a solution. ## Our Proposal At MeMusic, we aim to solve the issues musicians and web3 face through Artist / Brand Tokens. ### What does the process look like? Artists decide to mint **artist tokens** that can have different utilities such as: discounted merchandise, discounted concert tickets, access to token gated content, or more. Instead of raising funds for a particular song and limiting users to collect a particular song, artists can set a size of community they wish to establish in the beginning. ### Conducting the Presale Artists can decide on a total amount of artist tokens to be minted and the amount available for presale. For example, instead of allowing all of the tokens to be minted all at once, the artist can decide to raise and mint 2,000 tokens of the 10,000. The artist could require the other tokens to be minted using the artist token or a NFT instead to increase demand. ### **ERC 404 Standard** These artist tokens are minted using the ERC 404 Standard, thus allowing for fractional ownerships of the artist tokens. The technical standard allows for artists to not limit the community to 10,000 members of a particular collection, but rather a fraction of an artist token. ### Fundraising All of the raises done for the artist tokens are done in $MMT. Any subsequent raises offered to the artist token holders for collections, tickets, or merchandise can be done using a select cryptocurrency of $USDC, $USDT, $BNB or such. ### Liquidity & Trading The nature of cryptocurrencies virtually allow for listings on any exchange (CEX or DEX). However, to ensure a liquid trading environment for the artist tokens, the tokens will have a required listing on MeMusic’s native DEX with locked liquidity against the $MMT tokens. Users will need $MMT to purchase the artist tokens. ### How is MeMusic’s approach more sustainable than multiple NFT collections? When the artists wish to mint different NFT collections, whether it be songs or memberships, there is a fundamental issue of neglect. What happens to a group of collectors that minted a particular song? What happens to a group of collectors that minted a certain membership? Liquidity would definitely be fragmented amongst different collectors and artists would struggle to continue providing value. However, with the hybrid approach that the ERC404 standard provides, multiple collections can stem from the artist token while keeping liquidity concentrated as the token could expand in its utilities. ### **Potential Benefits** With Artist Tokens, MeMusic will allow full customization for the token issuer to decide on the benefits of holding. With various possible use cases of the artist tokens, MeMusic team will consistently develop provide web-services to help the token issuers to easily offer such benefits. (i.e. discord bot, voting dashboard, customised merchandise site) # Tokenomics Token Distribution Schedule of MeMusic Token ($MMT) | Category | Percentage (%) | Vesting Schedule | | ------------------ | -------------- | ------------------------------------------- | | Seed Round Sale | 8% | TGE 5% Release, 4 mo. Cliff, 18 mo. vesting | | Private Round Sale | 15% | TGE 7% Release, 4 mo. Cliff, 12 mo. vesting | | Public Round Sale | 2.75% | TGE 15% Release, 6 mo. vesting | | Liquidity | 5% | TGE 20% Release, 6 mo. vesting | | Team | 9.25% | Cliff 24 months. 24 months Vesting | | Advisors | 5% | Cliff 12 months. 24 months Vesting | | Node Mining | 40% | 36 months Vesting | | Marketing | 15% | 12 months Vesting | # Executive Overview What is $STREAM? MeMusic is building an ecosystem to power AudioFi. To reshape the value flow within the audio/music industry, we believe there is a need to build an ecosystem of services to better support companies and artists. Part of the process includes the research and development for a blockchain dedciated for AudioFi. We aim to provide a seamless experience for the end-user with low transaction costs and latency. The other complementing part is the process of rewarding artists and listeners with a tokenized incentive for contributing to the ecosystem. All of this is possible with the launch of $STREAM tokens. # Bubbles & Stream Bubbles and how it works with $STREAM **The User Journey of purchasing & spending Bubbles** Any user using the Stations application can recharge Bubbles using a preferred and supported payment method. Bubbles are always at a fixed price as described here. **How does the $STREAM token peg itself to Bubbles?** When a user purchases a Bubble using a preferred payment option such as a credit card, our internal system looks for a $STREAM supplier. As Bubbles is fixed on a price with a fixed percentage that is paid to the creator, the price of $STREAM can remain healthy. A lowered price of $STREAM will mean a higher profit margin when Bubbles are created, naturally generating the demand for the $STREAM token. | Bubbles | USD Pricing | Stream Needed | | -------------- | ----------- | ------------- | | 100 Bubbles | $10 | 100 | | 1,000 Bubbles | $100 | 1,000 | | 2,500 Bubbles | $250 | 2,500 | | 5,000 Bubbles | $500 | 5,000 | | 10,000 Bubbles | $1,000 | 10,000 | | 25,000 Bubbles | $2,500 | 25,000 | | 50,000 Bubbles | $5,000 | 50,000 | **How does a supplier of the $STREAM decided?** Our internal system will prioritize $MMT stakers to decide the supplier of $STREAM. The amount and duration of $MMT staked will be factored in when the internal system decides the $STREAM supplier. # Rewards The more you stream, you get more $STREAM Due to the lopsided nature of the industry, only major artists are consistently generating multi-millions in revenue while new artists can struggle to set their foot in building an audience. Until now, almost all web3 music companies have suggested a solution to such problems by using NFTs to execute track sales. Unfortunately, the nature of NFTs requiring scarcity for value appreciation does not have the best synergy with music as music needs to be appreciated by millions of people to generate value as an art. Thus, MeMusic has been continuously researching, developing, and promoting ***Streaming & Mining*** since its inception.

Tokenizing the Music Industry

However, tokenised rewards for app-activities are restricted if it exclusively uses the main utility token of a project. Mathematically the mining and rewards would end if the token is capped at a fixed supply. Therefore, MeMusic is eager to introduce **$STREAM,** our native reward token prior to the launch of our utility token to help users better understand how the tokenomics function in our vast ecosystem. ### $STREAM, providing Universal Basic Income $STREAM is a reward token of the MeMusic ecosystem with no cap on the supply but with a deflationary mechanism through on-chain tax when the token trades. > ***Emissions***\ > The $STREAM token will power MeMusic Stations. Therefore, there are three beneficiaries that can mine the $STREAM token: creators, listeners, and node holders. The token will be minted and distributed to **contributing creators, listeners, and node holders accordingly**. The idea is to help creators and listeners to have a consistent, novel stream of revenue that will help kickstart their journey of monetisation on Stations.
> > ***Why are we implementing a transaction tax?***\ > We want to create a healthy, sustainable fan-creator economy. Normal marketplaces or platforms will take fees of 10–30% from the creators. These fees are used to sustain the platform’s operations and growth. MeMusic is imposing a transactional tax on the $STREAM token to reduce token volatility while also promoting user-oriented growth on the platform.
> > ***How is the Tax Structured and Distributed?***\ > There will be a 10% trading tax for the $STREAM token which will be distributed in various ways to strengthen the MeMusic ecosystem. > > 4% — Burn\ > 2% — $MMT Token Holders\ > 2% — $STREAM Token Holders\ > 2% — Node Holders
> > ***Maintaining the value of $STREAM***\ > As a reward token, MeMusic aims to retain a base value for the $STREAM token to help maintain a consistent reward by pegging the base price to our digital non-cryptocurrency: Bubbles. ### Synergy with $MMT MeMusic’s main utility token unlocks various blockchain-powered services that we plan to implement in the future such as paying gas fees, minting NFTs, or trading it for artist tokens in the future. The $STREAM token is designed to bolster the MeMusic token while rewarding the users of the ecosystem. **Trading Pair with MeMusic Token**\ While we expand the MeMusic token’s availability to as many traders possible on CEXes and DEXes, the $STREAM token will initially focus on building its liquidity on DEX. There will be a more concentrated liquidity based on the MeMusic Token to allow more trades based on the ecosystem’s utility token. ### **Listen To Earn** MeMusic has been researching and developing an algorithm to allow users to mine for tokens while listening to music. At MeMusic, we connote this mechanism as ‘Listen & Earn’. We propose a new shifting paradigm in earning tokens from games that hardly provide entertainment value to earning tokens from simple entertainment. In the first quarter of 2021, the number of music streamers is amounted to 487 million users. These users can easily switch from the likes of Spotify and Apple Music to MeMusic to continue streaming their favorite artists and albums while having the additional tokenized incentive. ### **Airdrop for MeMusic Token Holders, Node Holders & Station Users** When the token goes live, there will be an airdrop to MeMusic Token Holders, Node Holders, Station Users, and Testnet Users. # Emissions To be continuously updated. As a reward token, the $STREAM token naturally has a no cap on the supply. To consistently promote Listen-To-Earn & Stream-To-Earn while maintaining as a gas token, the $STREAM tokens should be available for the users in perpetuity. If the tokens are capped for rewards, theoretically the platform loses its value proposition. $STREAM gradually increases its supply by having emissions that are distributed to creators, listeners, a referral pool, and node holders\* ### **Participate in Emission Mining as a Node Holder** As a node holder, to benefit from emissions mining, you will need to lock your MMT token. $STREAM will be mined based on the amount of $MMT locked. (Details TBA) # AI Agents MeMusic is embarking on an innovative journey to integrate AI agents into its ecosystem, offering creators and fans dynamic tools to enhance engagement, personalize experiences, and drive value through the $MMT token. These AI agents will serve as the cornerstone of MeMusic’s efforts to revolutionize the creator economy, enabling features like curated playlists, real-time fan interactions, and trend tracking. 1. **Curated Playlist Agents**: * AI-driven agents that create personalized playlists based on user preferences, moods, and activity. * Enhances music discovery and strengthens the connection between creators and fans. 2. **Top Playlist Trackers**: * AI agents that monitor and analyze trending playlists across platforms, providing creators with actionable insights to tailor their strategies. * Fans gain easy access to trending content, enriching their listening experience. 3. **Conversational Agents for Stations Creators**: * Customizable AI agents that allow creators to interact with fans, answer questions, and share updates in real time. * Boosts engagement and adds a personalized touch to fan interactions. 4. **Instrument Choice Agents**: * AI-powered tools enabling fans or creators to create music by choosing specific instruments to highlight in curated playlists or compositions. * Offers a unique, interactive layer to music discovery and personalization. # Blockchain & MeMusic MeMusic started its journey as an aim to build a blockchain-based streaming application that does not add problems to the industry but rather focusing on solving the problems. Now, MeMusic aims to establish an ecosystem that can help reshape the value flow in the audio/music industry through traditional/tokenised services. We believe that AudioFi (Audio + Finance) is the next step towards building an improved market. ## Blockchain & its impact on MeMusic As we are to provide tokenised services for the users such as liquidity pools for music-backed loans or listen-to-earn and stream-to-earn on social audio, blockchain is crucial technological component. From initial conceptualization, MeMusic aimed for a multichain approach. We strive to leverage different, thriving blockchain technologies and communities to best establish the fundamentals needed for AudioFi. Below are few of the technologies we have implemented or preparing in the near future. ### Filecoin MeMusic participated in Outlier Ventures' initial Filecoin accelerator program back in 2021. We are commited in integrating Filecoin technology into the ecosystem. Not only are we to heavily rely on Filecoin for file storage, but also commited to leverage FVM \[Filecoin Virtual Machine] to allow for token-gated content on Stations platform. ### Ordinals Bitcoin is undoubtedly the most important crypto asset in the market. With inscriptions and smart contracts for Bitcoin (i.e. via Stacks), the possibilities of mapping Bitcoin assets to fungible/non-fungible tokens started. MeMusic started exploring the possibilities of integrating Ordinals back in July 2023. We plan to fully implement Ordinals for Music-NFTs and much more. ### Solana Solana is one of the earlier blockchains that MeMusic has researched on to integrate into the services. With the blockchain boasting high throughput and low transaction fees, Solana is a favorable choice for blockchain enthusiasts wishing to delve into NFTs. Therefore, Solana will be part of the MeMusic's blockchain integration plans. ### Arbitrum / Polygon / EVM MeMusic currently has successfuly integrated EVM-based tokenized rewards on the Stations Application. As the application goes for a full release, users will be able to take part in their AudioFi journey through Listen-to-Earn and Stream-to-Earn. Start earning on your favorite EVM blockchain. ### Sui {% embed url="" %} Having been accepted to Sui Move Accelerator Program back in May, 2023, MeMusic started exploring the possible integrations with Sui and MeMusic's ecosystem. We aim to provide tools for artists to mint their NFTs on the Sui Blockchain. # Liquid Staking & Loan Learn more about how music will pioneer the use cases of tokenizing real world assets Recently, the interest for real world assets (abbreivated as 'RWA') in the blockchain space is emerging. Users are finding for cases where blockchain is practically implemented for the better use of the technology while providing benefits for the users. For instance, there are cases of tokenizing a real estate, luxury goods, or art to use for collateral. However, there are limitations for such commodities due to a potential lack of demand in case of liquidation. Music, however, is a high-yielding asset (yielding average return between 10\~15%) that is recognized in the traditional financial markets as an asset. ## **Decentralizing Loans through Liquid Staking & Financing** Instead of resorting to traditional institutions for loans, artists seeking for financing can utilize MeMusic's DeFi services starting in Q1\~Q2 of 2024. After a screening process of verifying the underlying asset for collateral, a decentralised voting process will take place to list the asset in MeMusic's liquid market. To a process similar to providing liquidity for liquidity pools on DEXes, users will stake stable assets (i.e., USDC, USDT) to create a liquidity pool. ## **Governance** As liquidity pools are created by the individuals, the listing process also must be also done by the individuals. MeMusic as a platform will however first screen the applications by verifying the legalities of processing the loan. For instance, we will verify the copyright ownership and royalty collections prior to allowing the governance process to take place. ### **Voting** By passing the minimum threshold of votes, the asset can be listed on the liquid market as an open pool. Users then can stake their stable assets on the liquid pool and start accruing stable yields in a stable coin of their selection. ### **LP-Pooling** Liquidity pooling will take place in phases with a priority for MeMusic token holders. After the first phase of pooling, opportunities will be passed onto the Node Holders' and their communities in a respective order. {% hint style="info" %} Check this page for further information on Node Holders and their communities. {% endhint %} ### **Earnings** The liqudity pool's capacity may amount to $50,000, $100,000 or any amount algorithmically set based on the underlying asset's value. LP providers will take their share of returns based on the amount staked into the pool. **Fee Breakdown** For each, loan processed there will be a platform fee applied. # Overview MeMusic's Core Services will now be provided under the brand 'Waves'. MeMusic's initial vision started with resolving the issues of a lopsided industry with the artists earning a minimal percentage of the industry's revenue. # Waves Launch Marketing & Fundraising for Companies & Artists

Stations Launch is a marketing and fundraising tools for companies

Waves will allow companies to register with a dedicated company page. Companies can use the page to build and interact with a community of their own. Compared to other mass-marketing tools like Magic Square or Zealy, Waveswill also provide the tools for projects to raise funds using our crowdfunding function. However, projects are not required to host a sale on Wavesto enjoy all the different marketing tools provided by Waves. Projects can host AMAs (with built-in airdrop tools) or provide marketing missions such as joining Discord, following on X, or retweeting a tweet.

Stations compared to other services such as Magic Square or Zealy

All projects seek to reach out to traders, users, and investors. The biggest fear for running a marketing campaign is reaching out to only bots or bounty hunters. On Stations, marketing bounties will be distributed differently to prevent such issues.
**Example A)** A user campaign opens on Waves with a $2,000 USDT bounty for the campaign holders. 30% is airdropped amongst all Station Node Holders. 30% is airdropped amongst all $MMT Stakers based on their staked amounts. (*Both Station Node Holders and $MMT stakers have to complete the marketing missions set by the project*) The remaining 40% is available for users who do not hold $MMT or a Station Node. # Tiers & Allocation How does allocation work on Waves Launch? ### Fair Distribution Waves Nodes: * Waves Node Holders are the highest tier within our launchpad. By holding a node, you have guaranteed access to the sales hosted on Waves Launch. $MMT Stakers * By staking $MMT, users will receive a corresponding ‘token’ (i.e. veMMT) that represents the staked tokens. By using veMMT, users can receive an allocation by committing their tokens to the launch pool. * Example A: Two users have staked 10,000 and 5,000 MMT respectively. Each will receive 10,000 and 5,000 veMMT. When a sale opens on the Stations, users will have 24 hrs to commit their veMMT. Allocation is distributed based on the individual committment divided by the collectively collected veMMT. For instance, if user A commits 1,000 veMMT and user B commits 5,000 veMMT. The allocation is split accordingly based on the ratio of a user’s commitment. By eliminating a tier system, but by replacing it with a system based on actual interest and stake in $MMT allows for a fairer and guaranteed distribution. # Waves Nodes What are Station Nodes?
Waves Nodes are an essential key to reshaping the value flow of the audio/music industry. Broadly, the Nodes function to enhance and empower MeMusic's ecosystem but also specifically the Stations platform. Waves Nodes will both reap the benefits of MeMusic ecosystem's growth but also contribute to its growth. ## Rewards **Streaming & Mining** * Waves Node Holders will receive daily token rewards for contributing to the growth of the ecosystem. * There is a total of 40% of the MeMusic Token ($MMT) allocated for the Node Holders to mine. * Station Node Holders will earn from the dynamic minting of MeMusic's reward token $STREAM * Station Node Holders will also benefit from the taxes collected from the on-chain tax imposed on the $STREAM token. **NFT Rewards** * MeMusic's initial PFP collection designed for the Stations platform will be airdropped to its Station Node Holders. **Stations Launch** * On Stations' native crowdfunding platform, the Node Holders are automatically granted with the highest tier. This allows for guaranteed allocations in accessing public or private sales. Additional Rewards * Airdrops * Exclusive Access to MeMusic Events ## **Utilities** Decentralised Labels ([Learn More](/waves/waves-nodes/decentralised-labels)) * Anyone can host a live room or upload recordings on Stations. However, node holders can also be your decentralised label. As a decentralised label, you can provide services for the creators to start earning together with your creators. ## **Scarcity & Pricing** The Initial Batch of Streaming Nodes will be priced at a special discount of $499 per node. The supply of streaming nodes will be capped at 10,000 nodes to be ever minted. # Decentralised Labels What is a Decentralised Label? When it comes to content creators, affiliating with a MCN is not a new invention. Creators will often partner with third-party service providers for content programming, audience building, or deal-sourcing. What if you are an individual or an entity that could recruit content creators that can help Stations grow its audience? Or what if you want to partner with an existing content creator to provide them your services? On Stations, MeMusic presents a decentralised solution for you. As a decentralised label, you can partner with any user to provide services and get rewarded. While you may still pen a specific deal with each creator, MeMusic will acknowledge your contributions and reward your works as a platform. ## **Recruitment** To recruit artists under your label, you can have artists to assign you as a label partner. Even artists who have registered All recruited artists will enjoy the benefits of having a flat 10% platform fee\*. Artists can then auto-assign you a share of their revenue up to 40%. ## **Fundraising with a Community** Artists can execute their initial offerings with decentralised labels. Decentralised Labels can function like a community VC to allow their node participants to enter into exclusive sales from artists. Labels can set a custom fee up to 10% for the raises done. # Decentralised Finance Learn how Node Holders Participate in Decentralized Finance Artists can apply for a loan using their tokenized copyright as a collateral to finance their tours, merchandise, or creative endeavours on MeMusic. After a screening process of verifying the underlying asset for collateral, a decentralised voting process will take place to list the asset in MeMusic's liquid market. Governance, however, is done through a delegated process with nodes to ensure simplicity and frictionless experience. ## Delegated Voting Power When MeMusic tokens are staked within a platform, the token will represent a voting power that can dictate decentralised decisions such as listing assets to the liquid market. However, for the convenience of users, the user can delegate their voting power to Station Nodes. When the governance process begins for listing an asset on the market, Nodes will then participate in the voting process. ## Selecting a Node for Votes There could be up to 30,000 active nodes in the MeMusic ecosystem. However, not all nodes will have the equal voting power as different nodes will have different voting powers based on the users' delegation. Nodes will Nodes can provide benefits for the stakers such as sharing referral rewards or airdrop rewards. can you choose a node for voting? No ## Proposals & Exclusivity for Delegating Stakers Nodes can also propose to have certain assets be exclusively available for its stakers instead of having it publicly available for the listing market after meeting various requirements\*. # Validator Rewards Station Nodes as a Validator On MeMusic's native blockchain, Station Nodes play a crucial role in validating the blockchain. There will be two types of validators on the blockchain (primary and secondary validators). **Primary Validator** * In the initial phase of the blockchain's launch, there will be primary validators ranging between 21 and 32. These validators are to receive * Primary Validators are required to provide computing power for the blockchain. A high-end computing device with a minimum of 32GB RAM and 1TB HDD will be required. * After meeting the hardware requirements, primary validators are selected based on the number of Station Nodes held. The more nodes a validator hold, they will have a higher priority of being selected as a primary validator. **Secondary Validator** * Secondary Validators are to share the network rewards. Any Station Node Holder can be a secondary validator by staking $MMT and delegating its voting power to a primary validator. # Dynamic NFT Rewards Waves Nodes will have a dynamic NFT reward system

First NFT Collection Drop for Waves Nodes Holder

The MeMusic ecosystem is designed to integrate seamlessly with the exciting possibilities of NFTs, creating value and engagement for creators, fans, and Waves Node holders alike. This ecosystem revolves around three main categories of NFTs: **Music NFTs**, **Creator Collectibles**, and **Utility-Driven NFTs**, each offering unique benefits and opportunities for interaction. *** #### **Types of NFTs in the Ecosystem** 1. **Music NFTs**: * Represent exclusive music tracks, albums, or live recordings from artists. * Allow fans to own a piece of music history while supporting their favorite creators. * Include additional perks such as backstage passes, early releases, or special editions. 2. **Creator Collectibles**: * Unique, artist-designed digital collectibles that fans can own, trade, or showcase. * May include artwork, memorabilia, or other personalized content tied to the creator. 3. **Utility-Driven NFTs**: * Serve specific functions within the MeMusic platform, such as granting access to exclusive content or features. * Could include VIP memberships, discounts, or access to special events hosted on the platform. *** #### **NFT Airdrops for Waves Node Holders** To reward our community, we’ve developed a system of continuous NFT airdrops exclusively for Waves Node holders. Here’s how it works: * **Continuous Airdrops**: * Waves Node holders will receive periodic NFT airdrops directly into their wallets. * These NFTs will range across the categories mentioned above, ensuring a diverse and exciting range of rewards. * **Dynamic Rewards System**: * While every Waves Node holder will eventually receive NFTs, the system is designed to prioritize and reward **loyal holders**. * Loyalty is measured through sustained activity, ensuring that the most engaged participants benefit the most. *** #### **Introducing Loyalty Points** To create a transparent and fair reward system, we are introducing **Loyalty Points** into the ecosystem. This system will scan and analyze wallet activity to assess holder engagement. 1. **What Loyalty Points Track**: * **Claims**: Regular participation in claiming NFT rewards or other platform features. * **Holds**: Duration and consistency of holding Waves Nodes or associated NFTs. * **Trades**: Activity in trading or transferring NFTs within the ecosystem. 2. **How Loyalty Points Work**: * Points are accumulated based on wallet activity and behavior. * Points are weighted to encourage long-term holding and discourage rapid flipping. * High Loyalty Points unlock access to rarer or more valuable NFTs, increasing rewards for engaged participants. *** #### **Why This Matters** The integration of NFTs and Loyalty Points is not just about rewarding participation—it’s about fostering a vibrant, active, and dedicated community. By combining continuous rewards with a transparent and dynamic system, we aim to: * Strengthen the connection between artists and fans. * Increase engagement and long-term participation within the MeMusic ecosystem. * Ensure that loyal supporters are recognized and rewarded for their contributions. *** #### **Future Developments** As MeMusic grows, the NFT ecosystem will expand to include new features and opportunities, such as: * Enhanced rarity tiers for NFTs, offering additional benefits to top-tier holders. * The introduction of gamified elements, such as earning Loyalty Points through platform interactions. * Marketplace functionality for trading, buying, and selling NFTs within the MeMusic platform. With these steps, MeMusic is positioning itself as a leader in combining music, community, and blockchain technology. Waves Node holders are at the heart of this vision, benefiting from continuous innovation and value creation. # Waves Marketplace # Purchasing a Waves Node How do you purchase a Waves Node? Waves Nodes is now available for purchase on beta.memusic.io for $749 per node. Nodes are purchasable on the Binance Smart Chain (BSC). Please ensure that you have BNB to pay for the gas fee. # Token Supply ## **Decentralizing the Token Supply through Buybacks and Burns** To make $MMT as decentralized as possible, MeMusic is introducing a buyback and burn program directly tied to Waves Node sales. Each Waves Node sale will contribute to the buyback pool, enabling the platform to purchase $MMT from the market and burn it, permanently reducing the circulating supply. This creates a deflationary effect, driving token scarcity and increasing long-term value for holders. Furthermore, Waves Node holders will play an active role in managing the token supply in collaboration with the MeMusic team. By hitting key milestones, the platform will implement larger burns from reserve tokens, significantly reducing the maximum supply of $MMT and reinforcing its scarcity. This community-driven approach aligns with MeMusic’s goal to empower its users while fostering a robust and sustainable ecosystem. ### **Buyback and Burn Program for $MMT** To align with MeMusic’s vision of decentralization and value generation, a robust buyback and burn program will be introduced. This initiative will be tied directly to Waves Node sales milestones and will play a pivotal role in reducing the circulating and maximum supply of $MMT tokens, driving long-term scarcity and value. 1. **Node Sales Milestones**: * At key sales milestones—3,000, 5,000, 7,000, and 10,000 Waves Nodes—a significant portion of tokens allocated for team, marketing, and liquidity will be burned. * These burns will account for up to 200M $MMT tokens over the lifecycle of the program. 2. **Community Involvement**: * Waves Node holders will actively participate in controlling the token supply alongside MeMusic. * Regular updates will be provided to ensure transparency and community alignment. 3. **Ongoing Buybacks**: * A portion of revenue from Waves Node sales will be allocated to market buybacks of $MMT tokens. * Purchased tokens will be permanently burned, directly reducing the circulating supply. 4. **Reserve Token Burns**: * Upon hitting major milestones, larger burns from reserve tokens will be executed to drastically reduce the maximum supply. * This ensures that $MMT remains scarce and valuable over time. # FAQ All your questions on Station Node answered **Benefits of owning a Station Node?** Station Nodes are designed to help the Stations & MeMusic ecosystem grow. As Node Holders, you can contribute to the growth of the platform while reaping the benefits of Station's growth. While having access to mining $MMT tokens, the Nodes can also enjoy NFT rewards, exclusive perks, and more. Recently, MeMusic has also announced its plan for Station Nodes to mine the $STREAM token, which is the ecosystem's reward token. **Distribution & Vesting** Our vesting schedule dictates that the tokens allocated for mining has a vesting schedule of 36 months. However, this does not mean that your tokens mined are vested for 36 months. The total allocation of 400M tokens is vested over 36 months. Consequently, there are \~370,370 tokens that are distributed/unlocked for the node holders on a daily basis. **Token Claim** Station Nodes started to premine MeMusic tokens on January 18th, 2024. All premined tokens before the listing period would be available for claim at TGE. Tokens that are being mined after the TGE will be available based on the date the token was mined in relativity from the mining start date to the listing date per the vesting schedule applied on tokens allocated for mining. Roughly, based on the listing date of $MMT tokens, there is a 30-day delay period for availability to claim on tokens that are mined after the listing date. **Am I required to provide computational power?** No, not necessarily. Station Nodes are designed to mine $MMT without the need of computational power, but have the benefits of engaging with Stations and reaping the benefits as a Node Holder. # MeMusician Program The innovative path towards becoming a self-serving artist MeMusic aims to create an inclusive ecosystem that embraces everyone in the music industry including, of course, artists within our innovative services. We aim to help artists to generate revenue beyond the traditional limitations and create unique interactions with fans. The MeMusician initiative is designed to support artists working creatively and building sustainable revenue streams on MeMusic by providing special offerings such as: **Content Creation Fund, Free Artist-Tailored NFT Project, Artist Token Issuance, Marketing & PR Support,** and more. Most importantly, MeMusician Initiative is not just a program, but a movement that is to define what an artist is in the present day. ## As a MeMusician, you'll have access to the following benefits #### Who Qualifies MeMusic is looking for all different types of artists who wish to provide exclusive and special experiences for the fans.
MeMusicianRequirements*ByPass* Benefits
Pilot
  • Reach 50 Followers
  • Upload 10 Recordings
  • Stream 8 hrs
Stake $10,000 worth of MeMusic Tokens
  • Reduced Fees to 12%
Partner
  • Reach 200 Followers
  • Upload 30 Recordings
  • Stream 25 hrs
Stake $100,000 worth of MeMusic Tokens
  • Reduced Fees to 10%
*\*The General Requirements to qualify for Pilot MeMusician or Partner MeMusician could be subject to change.* *\*By staking the MeMusic tokens, you can bypass the minimum requirements to meet as a creator to enjoy the benefits.* # Fundraisers The Various Options of Fundraising on MeMusic Indie artists often can face the challenge of raising funds for an album production or concert hosting. To replace labels or records, there are various crowdfunding platforms that allow artists to raise funds. MeMusic aims to provide an alternative fundraising method for artists. On our platform, artists can have various ways of raising funds through presale of the artist tokens or offer a NFT offering. **Initial Artist (Artist Token) Offering** On MeMusic, select artists can issue their artist tokens. Artist tokens can have a presale option during the genesis mint. Users and Artists can both have benefits by providing Artist Tokens as an initial offering as it does not require a special pledge to a particular track or a digital asset. **Initial NFT Offering** ![](/files/HjwupmR4V9a1ts7JV5s4) Artists can offer fractional/wholesale ownership of their masters or tracks on the NFT marketplace. A wholesale ownership of the NFT is a transfer of all rights such as distributions and licensing to the music from the creator to the purchaser. Fractional ownership can allow users to receive royalties collected from the particular music. # Roadmap Our Vision & **Q4 2024** * **Stations Mobile Launch (pending approval from Google Play Store)**: Release of the Stations Mobile application, empowering creators with tools for subscriptions, pay-per-view content, and more. * **Waves Launch (Beta)**: Continued refinement and user feedback on the beta version of Waves, a unified brand encompassing MeMusic's legacy services like the NFT marketplace and crowdfunding platform. **Q1 2025** * **Waves Node Sale**: Revamping the sales of [Waves Nodes](https://beta.memusic.io), offering participants additional incentives, utilities, and benefits. * **Stations Token IDO & TGE**: Initial DEX Offering (IDO) and Token Generation Event (TGE) for the new Stations token, driving liquidity and adoption within the platform. * **vMMT Implementation**: Implement vMMT (vested $MMT) to incentivize long-term engagement and staking within the ecosystem. * **Stations iOS Application Release**: Launch the iOS version of Stations Mobile, expanding accessibility to creators and users. **Q2 2025** * **StreamChain Integration**: Seamless integration of StreamChain, MeMusic’s patent-backed content delivery network, to enhance the efficiency and scalability of audio and streaming applications within the ecosystem. * **AI Agents Integration in Stations**: Implement AI-driven agents within Stations, enabling creators to manage their marketing efforts effortlessly and develop AI influencers to expand their brand reach. Through these milestones, MeMusic is dedicated to advancing the creator economy, leveraging AI and blockchain to empower creators and revolutionize how content is created, shared, and monetized.