Imusify - the best project for the future of music

Agustus 24, 2018

What is Imusify?

imusify is a music platform and ecosystem designed to provide open-source innovation space to develop new ways of music distribution, consumption, and engagement. The imusify self publishing platform creates an efficient system for artists and content creators to network and collaborate while maintaining direct ownership of their work. IM The IMU token will be used as a machine to support imusify's music economy, creating enormous potential value for using tokens as a means of value between artists, fans, and other participants.

The main problem that needs to be addressed first is the centralized nature of industry, which creates three main challenges for artists: digital rights management, payment transparency, and licensing and monetization1.

Digital Rights Management (DRM)

This is a collection of proprietary hardware and copyrighted works. Is this a problem? Yes, the lack of comprehensive rights management regime creates several problems for managing artists' digital rights, from lost revenues to misattribution of ownership. Even today artists can now produce, distribute, and market their work almost entirely digitally, they still have little control over ownership and security of rights.

Payment Transparency

Payment transparency is a problem to the music Marketplace which arises from the centralization of the royalty distribution system. Performance rights organizations conduct collecting royalties and streaming services and then allocate payments to artists based on royalty rates set up by organizations like The Copyright Royalty Board.

Licensing and Monetization

In the music industry, digital music services do not have efficient systems in place to keep track of all licenses related to varying types of digital consumption: radio, on-demand streaming, radio-like streaming, digital purchases and more. The laws surrounding Licensing and Monetization are far outdated.

Imusify solution to the problem

The million dollar question is "what is the way forward"? The answer is simple, Imusify is the solution the music Marketplace has been waiting for, the need to solve the past decade. Imusify has decided to create a Fully Decentralized Music Marketplace.

The advantage of the imusify project:

An audio player where users can download songs, podcasts and audio books on the platform, which can be distributed and shared on or off the platform.
Content rating system, which enables good and bad content organizations and codes specifically to participate in content management.
By creating channels, users can create their own channels and add their own playlists depending on the type of music or content and add a signal to the singer or to a particular music genre. Users can also invite other people or send them e-mail.
This platform will integrate the best sharing and communication technology to provide everything that is different for users.
You can support your favorite artists through this platform.
Find new music, listen to your favorite Trak.
Get exclusive tickets for music services on the platform.
Artists will take money to create their own content and will be able to communicate with their fans easily through the platform.
Cross-platform transactions will be carried out by the platform called IMU, which will reward artists and service providers and users for participating in the review.
This platform will permanently delete the broker system and transactions will be provided using this technique.