The British fintech, Revolut is expanding its services in the overseas market and has gained approval from the Monetary Authority of Singapore (MAS) for offering commodities trading to its Singapor...
Melodity is taking the music industry one huge step further towards the decentralized creator economy and has started to build Web 3.0 monetization infrastructure to support music artists in completely new ways.
To do so, Melodity is building a premier ecosystem, the “DoEcosystem'', that consists of play-to-earn (P2E), listen-to-earn (L2E) and Metaverse based on a proprietary blockchain that will empower opportunities for music artists, professionals, fans and music lovers. Three of the integrated platforms are DoMeta, DoDuet and DoMart.
DoMeta is an almost completely music oriented metaverse, where users can enjoy their time playing, learning, creating and interacting with each other or participate in live events. It intends to draw the music and gaming community by combining DeFi, blockchain technology and NFTs — as well as a play-to-earn model (P2E) — into one unique package.
DoDuet platform, with a listen-to-earn model, will create an innovative experience like no other. It is in fact a user-friendly contest platform that gamifies Music and provides visibility and an easy-access prize pool for artists. It will reward participants in the contest just by listening to tracks and voting.
DoMart, the NFTs marketplace platform, will provide not only songs distribution, but also a full bunch of possibilities for selling, buying, licensing and managing composite music NFTs.
The ecosystem will always be a place where creativity grows in endless ways. The main goal is to allow music artists to maximize their incomes and visibility by creating and offering them advanced instruments for managing their own art.
Melodity wants to become the benchmark of the music industry in this new era contrasting old dynamics by providing a new home for artists where they can earn up to 90% of the income from their creations. Simple yet strong business models are the company's differentiating characteristics.
“With an ambitious purpose, Melodity is a protocol designed with the idea at heart to give freedom and new means to all music artists so that they can unlock the full potential of their music." — comments CEO Rolen Guzman.
Melodity token
Melodity token (ticker $MELD) is a DeFi token hosted on the Binance Smart Chain (BSC). It is the store of value for the environment that acts as a share token and is in the early stages of launch.
The Melodity project was born of the passion of founders in helping to relieve the challenging financial circumstances of independent music artists. As ex amateur musicians, the founders witnessed first-hand how some of their friends struggle to generate income or returns on their art.
On December 28, Kazakhstan Stock Exchange (KASE) entered an agreement deal with the Swedish software developing company, Scila AB to use the Scila surveillance technology solution to combat unfair ...
On December 28, the Financial Services Commission (FSC) of Mauritius announced that it became a member of the Association of National Numbering Agencies (ANNA).
Valkyrie and Kryptoin ETF proposals have been denied by the Securities and Exchanges Commission. The Commission gives the same reasons as WisdomTree’s rejection. ETF enthusiasts are eyeing February for a spot Bitcoin ETF from the SEC. The SEC has once again refused to approve spot Bitcoin ETF applications. This time the ETFs rejected are from […]
Things to know: – We are proud to announce the Crypto Life card, powered by Ledger – in partnership with Baanx, linked to your Ledger Live* app and enabling you to live a full crypto life. – The CL card is the first card you can link to your Ledger Nano, giving you the ability […]
Things to know: – At Ledger, we believe that like any digital asset, NFTs have to be secure. We aim to become the world’s most secure platform to store, visualize, manage and enjoy full ownership of both your coins and NFTs. – During Ledger Op3n – our Web3 Developer conference – we made a series […]
