Blockchain technology can do wonders to the current industry, and it has been demonstrated over and over again in various scenarios. iLink2Music is one such platform showcasing the potential impact the distributed ledger technology can have on the music industry. This blog will discusses about iLink2Music, its tokens and how the platform is going to solve the age-old industry problem when it comes to digital multimedia content distribution and consumption.
The iLink2Music Platform
Since the emerge of electronic recording and distribution systems, artists have started finding themselves shortchanged when it comes to remunerations and rewards. And the audience are spoil with alternative choices to access the digital content, but most of these are either expensive, which has forced many to opt for illegal downloads while encouraging piracy in the process.
The high cost of digital content can be attributed to middlemen who take hefty commissions and end up benefiting from the expense of both artists and consumers. iLink2Music, through its innovative platform and the use of new-age technology is attempting to address the problem by cutting out middlemen and optimizing content management and delivery.
iLink2Music is a music-based social networking service specializing in connecting fans, industry professionals, and talent to a global music community. It is a blockchain-driven music and entertainment social media platform, that supposed to connect artists, executives and music fans.
iLink2Music mission is to offer a people-driven platform. In this ecosystem, the concept of the producer will cease to exist. Anyone will be able to broadcast to as many people as they can anywhere on earth.
Many believe that blockchain platforms and cryptocurrencies are complex technological creations which are not easy to use. They believe that for someone to be able to understand the technology and use any such platform should have advanced technical skills. iLink2Music addresses these apprehensions by providing an easy to use interface and issue a native cryptocurrency as well as fiat to make it as good as any other conventional music streaming service out there in today’s market.
The team behind iLink2Music have conducted extensive research into the industry to identify the problems. They are implementing these learnings to develop a platform that can address most of the issues. The VOISE ecosystem is powered by its own ELINK tokens, which acts as the primary mode of transaction on the platform.
An overview of VOISE platform features include:
Advanced User Interface
The iLink2Music platform is a horizontal-adaptable business model that is based on co-creation, multi-sensory branding, product placement, and the user experience. It has been created to adapt and embrace the disruptive technologies that are changing the world such as blockchain.
Social Media Integration
Via the social media platform, they will be able to involve the consumers in exciting and fun ways.
IL2Voting Platform
IL2Voting provides the functionality for running contests. It combines advanced capabilities with a private BlockChain framework with public sidechains for additional verification, using voter anonymizing technology schemas and mathematical proof of verifiability.
ELINK Token
The ELINK token will be used to execute transactions and access various services, such as celebrity contest entry, influencer and ambassador events, co-creation workshops, virtual gaming, etc.
ELINK Token Details
The ELINK Token is an EOSIO compliant digital token issued by iLink2Music and is the official token of the platform. These tokens will allow an individual or organization to secure access to the IL2Voting platform and its features to successfully operate Celebrity/Influencer contesting and secondary activities (Ads, Shows, sponsorship etc).
A total of 10,000,000,000 ELINK will be issued. Which only 4,000,000,000 ELINK will be for sale via the Pre-ICO phase and main ICO. The project has set itself a $3,500,000 for softcap and $21,000,000 for hardcap. The tokens are to be distributed in the following manner: 30% - ICO, 10% - Pre-ICO, 2% - Private Sale, 15% - Management, 7% - advisors, 22.85% - Reserve, 10.15% - Bonuses, and 3% - Bounty and Referral.
Useful Links:
Website: https://ilink2music.co/
Facebook: https://www.facebook.com/ilink2music
Twitter: https://twitter.com/ilink2music
Author: Binar Bumi
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