MUZIKA

About Muzika. 
Muzika revolutionized the music industry by establishing an independent and true digital music ecosystem that would eliminate unnecessary intermediaries, empower musicians and consumers, decentralize distribution power, and restore the balance of economic distribution among market participants. Muzika holds the promise of the future, where compensation for musical creation is comparable to the effort and dedication placed in the creative process.
Music is scanned for the first time in MP3 format, the audio file format is usually compressed to only 3 to 4 megabytes per song on average. This innovation has been provided by all other previous music media, such as CDs and cassettes, obsolete and ever-changing industries by enabling digital distribution. This has positive and negative effects for musicians. On the one hand, they are now able to release and distribute new music around the world at will. On the other hand, ubiquitous copyright piracy leads to a consequent decline in music sales and distributors of exorbitant commissions combined to reduce the personal gain of musicians.
Napster, a P2P (file-sharing) service designed by Shawn Fanning and Sean Parker, spearheaded this revolutionary transformation. For the first time, people can share digital audio files online, and services are quickly gaining popularity among American students. At its peak in 2001, nearly 80 million registered users.
Muzika will bring innovation to the value chain in the digital music industry.
Let's review how values ​​are created and captured by various players in the industry. Let us restore appreciation to those who create value, from those who only transfer value, while restoring lost pieces of digital piracy through blockchain technology.
What makes us different?
The previous blockchain music project ignored the importance of a large user base to achieve wide-scale adoption. These projects have shown that it is possible to give artists a higher commission level for their work using Smart Contract transactions. However, for artists, the low commission rates offered by traditional music-streaming applications, which have a large user base, are more attractive than blockchain applications that use Smart Contract transactions. For example, a 10% commission of $ 1,000 from iTunes is preferable to a 90% commission of $ 1 from a smart contract transaction.
WE ARE NOT STARTING FROM SCRATCH
Muzika is built on 2 million active users 
Unlike hundreds of ICOs without proof of practicality, Muzika is not starting from scratch. The symbolic economy is heavily built on the backs of our existing, profit-making and privately-funded publicly owned businesses with 2,000,000 active users and subscribers from more than 150 countries and artists from more than 30 countries.
Through years of experience, we have learned the precise ways to build a community run by loyal and motivated individuals: a key to the success of any blockchain community-based project.
THE MUZIKA ECOSYSTEM
TOKEN METRICS
Official sites.

Author by: thiokoentjoan123

https://bitcointalk.org/index.php?action=profile;u=1091812

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