Inmusik: A Remarkable Music Platform

Music had been an important part of the world, it impacts and inspires people and is continued to be a form of art that is going strong. The Music Industry may seem like a simple industry to people starting with the creation of music and listening to it via different channels but little do people know, the music industry is experiencing a few issues when it comes to the fair commission, contribution, and others that is an important factor in a holistic industry. Inmusik aims to serve the music industry by creating a system that will be fair to all users.

The Inmusik platform is a system based on blockchain that would help create an ecosystem of concepts involve in the music industry such as streaming and contribution as well as equip the platform with the concept of social interaction like social media to create a community of music enthusiasts closer and better. Inmusik aims to serve the fans/listeners, artists/creators, labels, and the music industry. Inmusik's success is in its success to serve so to keep the service as efficient and perfect for each user there are four fundamental principles Inmusik used as one foundation for its development. The four fundamental principles points out to making sure that all the people who contribute to the platform which could be an artist contributing his/her content, active users who contribute something to the success of Inmusik like their engagement, and users who help in connecting artists' content to the audience should all be rewarded considering the value of their contribution. At the same time, one principle aims to make the cryptocurrency platform based on a business model that is realistic and achievable, making all fundamental principles work hand in hand and would be an important foundation for the design of Inmusik.

Inmusik will have a lot of ways in how it's going to serve the different users but some of the most important ones are their aim to help the music industry by creating a business of music fair, the supports it provides to the art of music, opening up opportunities inside the music industry welcoming economic growth, and others. As for the artists/creators, as well as labels, Inmusik aims to serve them by helping the artist build a community of fans which could lead to revenue as well as payout which will be governed my Inmusik as another service, making sure that the payout is equal to the contribution of the artist. Also, the copyrighted music of artists is to be monitored by the streaming service that will be part of the platform to help artist receive their well-deserved payout for the music they made available. More importantly, the listeners will be served by Inmusik as much as they do with the artists and labels in a way such as giving them the privilege to listen to the artists' music content, giving them rewards for their curation, and a chance to get a percentage of earnings when they contribute to the success of an artist. To summarize, Inmusik offers a place for earning rewards for contributing in acceptable ways to the positive growth of the art of music.

Inmusik makes it a point to make sure that in the future, users get something for contributing to Inmusik and in the Inmusik community, these rewards will be based on the Dual Token System. It is a Dual Token System since Inmusik will be releasing two assets which are the Inmusik Tokens or Sound Coin and the Inmusik Cash or IC. The two are an important asset of Inmusik, the function of both helps Inmusik in establishing a growing ecosystem. First, Inmusik Tokens or Sound Coin is going to be the basis of the Inmusik Cash value but it also can be used as payment as well as be purchased and sold. On the other hand, Inmusik Cash or IC is the token developed to help prevent issues that may arise from market volatility. Inmusik Cash will be valued at $0.01 per token and is the asset to be used as payout and rewards to the users. The IC can help in stabilizing this part of the platform since Sound Coin is subject to value change. Aside from the two assets, there are also two wallets to be developed which are the Wallet (Wallet A) and the Stash (considered as Wallet B). The Wallet will act as the usual Wallet while the Stash will act as a savings account. The concept of Stash was to help the community and positively affect the whole of Inmusik on a long-term basis.

Tokensale details:
Token: SOUND
Price: 1 ETH = 10,000 SOUND
Platform: Ethereum
Hard cap: 400M

To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:

Website: https://inmusik.co/
Whitepaper: https://inmusik.co/wp-content/uploads/2018/05/inmusik-wp-v1.1.pdf
Telegram: https://t.me/inmusik
Facebook: https://www.facebook.com/InmusikOfficial/
Twitter: https://twitter.com/InmusikOfficial
Medium: https://medium.com/@inmusikofficial
Bitcointalk Username: AmorFati
Bitcointalk User Link: https://bitcointalk.org/index.php?action=profile;u=2077040