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The worlds first decentralised music platform built on Ethereum
The music industry is broken. Streaming platforms such as Spotify, Deezer , and Apple Music take up to 80% of artist’s revenue, and while larger artists can accept it, small artists are often unable to make a living from music streaming.
Music fans also have a terrible experience. With streaming services competing for exclusive deals and fragmenting the music industry, fans often have to struggle between numerous different platforms just to listen to their favorite artists.
Playlist makers are also not compensated at all for the hard work they put into creating well-crafted playlists that, experts say, drives most of the growth in the online streaming industry.
What we have developed is a beta-ready, 4 layer decentralized system that uses cutting edge low latency IPFS as a storage layer to store songs permanently and transparently. A Ethereum-based logic layer to handle all the transactions on the CoinZ Factory network. A Universal Music Registry Number (UMRN) relay to keep track of a global ledger of music tracks, and last but not least an CoinZFactory-API that enables any player.
We targeted the root cause: Monopolized and Centralized platforms. Imagine a world where your music travels with you no matter what music player you choose and where the music tracks you buy are available forever, whenever, wherever. Well you need to imagine no further, our blockchain-based beta is ready and you can try it now today!
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Early Access Sale Starts
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Final Report on Token Sale
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