What is Musicn

Article Summary, Automatically Generated By AI

About MusicN

Summary

• 
  What is Music& Token (Mint)?
  
  : A blockchain-based project that helps consumers invest in music copyrights and related rights, ensuring transparency and rewarding creators and stakeholders.
• 
  Mint Coin Circulation:
  
  • Total amount: 1,000,000,000 MINT
  • Current lock-up: 3,950,409 MINT (0.40% of total)
  • Current circulating supply: 688,877 MINT (0.07% of total)
• 
  What Makes Mint Unique?
  
  • Blockchain-based music

About MusicN: Harmonizing Innovation and Entertainment

Introducing Music& Token (Mint): A Revolutionary Concept

Music& project is a pioneering blockchain-based initiative that empowers consumers to take the reins of the music market, transcending mere content consumption by exploring diverse investment avenues for music copyrights and related rights. By redistributing copyright fees, previously absorbed by associations and intermediaries, as rewards to creators and stakeholders, the project ensures transparency in transactions and settlements. This, in turn, fosters a virtuous cycle of reinvestment, where value created through content creation and consumption is channeled back into the ecosystem, ultimately giving rise to an innovative and healthy music distribution paradigm.

Mint is a cryptocurrency ingeniously designed to forge a symbiotic bond between music intellectual property and blockchain technology, ultimately empowering music enthusiasts to reap rewards through listening and granting them a stake in music copyright ownership.

Mint is the pioneering cryptocurrency converging with Music IP investment, where Mint holders can reap the benefits of profits generated from Music IP fees and neighboring right fees secured for Mint.

The profit yielded from Music IP and neighboring rights is poised to increase, as a greater number of remakes based on secured Music IP will, in turn, generate a substantial amount of neighboring rights.

For reference, music IP fees will accrue until the 70th anniversary of the music composer/writer’s passing.

The Circulating Supply of Mint Coins: A Closer Look

Here is the polished version:

1. Disclosure Date and Lockup Release Period
2. Disclosure Date: 22/02/23

3. Lockup Release Period: 01/03/22 – 31/12/24

4. Token Lockup Release Supply

5. Date: 22/02/23
6. Supply: 688,877 MINT (14.94% of the total tokens available for distribution)

7. Unsold supplies from the token sale will be burned in the future

8. Token Issuance

9. Total Amount: 1,000,000,000 MINT
10. Current Lock-up (Before Lockup Release): 3,950,409 MINT (0.40% of the total)
11. Current Circulating Supply (After Lockup Release): 688,877 MINT (0.07% of the total)

The lockup release period is slated to commence on 01/03/22 and will conclude on 31/12/24.

Token Lockup Release Supply: Unveiling the Scheduled Unlocks

Any unsold tokens from the token sale will be permanently removed from circulation in the future, a process known as “burning.”

The Genesis of Tokens: Issuance and Beyond

Unveiling the Unparalleled Essence of Mint

Here is the polished version:

1. A blockchain-based music copyright and related rights trading platform
2. A platform that catalyzes music recreation, encompassing the production of remade music, copyright sales, and receipt
3. The NFTization of music copyrights and related rights
4. L2E (Listen To Earn) platform: Music&Cash → Listen to music, earn assets
5. Empowering anyone to become a holder of music copyrights and related rights. By adopting the ‘Listen to earn assets’ strategy, Music& acquires revenue generation rights and distribution claims through the purchase of music copyrights, securing new copyrights and related rights through continuous value creation activities. Through various sales methods, including the publishing of secured copyright-based NFTs, Music& strives to achieve high profitability, ultimately sharing and redistributing value to users.

Meet the Visionary Founders Behind Music&

Mint is launched by Musci&, a collaborative endeavor founded by experts from the entertainment, IT, and blockchain industries.

Co-founder and Co-CEO, Hon Shik Chung is an entertainment industry expert with a background in the field, boasting a distinguished career that includes serving as CSO at CJ E&M, the largest entertainment company listed on the Korean stock market, as well as CMO at D’live, a prominent cable MSO in the Seoul Metropolitan area, among other notable roles.

Another co-founder and Co-CEO, Joon Woo Kim, is an IT industry expert with a background in running SI companies and leading payment gateways in Indonesia and Korea.

Co-founder and CMO, Jae Hong Lim is a seasoned blockchain industry expert with a proven track record, having played a pivotal role in the establishment of Bithumb and made significant contributions to Itemmania, among other notable endeavors.

Where to Acquire Music& Token (Mint)

Mint can be acquired within the Music & Eco-system through various means, including: 1) listening to music on the Music & Cash platform, 2) purchasing Music & NFTs, 3) participating in Music & Governance and community activities, 4) trading on Crypto Asset Exchanges, 5) earning Staking Bonuses, and 6) receiving Airdrops, among others.