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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. imusify is one of the pioneers of music’s decentralization movement. 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.
The token acts as a utility by allowing new or existing users to redeem their IMU tokens for platform fuel. The imusify platform uses fuel as an accounting system for exchanging value between users. Fuel is not a currency, it simply represents the value of IMU in the user’s preferred currency, and allows users to realize the token’s value as a utility by conducting transactions with other users on the platform. When users bring their IMU to the platform, they receive an amount of credits equal to the IMU’s current trading value.
imusify won 2nd place award in 1st CoZ dApp competition. They also have a working prototype. When it comes to the team, imusify is backed by the CTO of Red Pulse, the CTO of Streambright and has a kickass team of people on it's own with experience in the music industry.
imusify's team members.
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer