About Imusify

Imusify is an award-winning music platform that is reinventing the global music industry in order to liberate music makers, music fans, and music entrepreneurs. imusify uses a combination of innovative protocols and frameworks to facilitate direct peer-to-peer connection between artists, fans, and other stakeholders. IMU tokens are used as the engine to support imusify’s multi-layered, decentralized music economy.

Basic Information

Technology solutions

The imusify platform builds on the solutions provided within NEO Smart Economy and implements several proprietary solutions to address the problems of scalability and security, hampering other distributed applications.

Project highlight

They have established strategic partnerships with major players in the music industry (music labels), support services (automated content tracking and digital ID), and have the support of the NEO blockchain community and leadership (development, exchanges, and transactions.

Financial

They have a clear vision and a functional business model, allowing us to take on the challenge of disrupting the music industry for good. The will raise capital for funding of imusify operations and platform development in two phases; (i) the seed round of $5,000,000, and (ii) the imusify Token Sale with the total Hard Cap at $25,000,000. Based on financial projections, need $10,000,000 to $20,000,000 to fund our operations until the “break even” point.

Importance for Imusify

Platform overview

The imusify platform is designed to provide artists with autonomy, higher income, and transparent transactions between service and product suppliers. imusify’s open-source, self-publishing platform also creates an efficient system for content creators to network and collaborate, while maintaining complete control over their work.

Competitive

With the value of the global market for digital music exceeding 12,000,000,000 USD, it is hardly surprising that imusify must compete with some strong global players to acquire a market share. However, be it Spotify in the streaming services market, iTunes in the digital downloads market, or Pledge Music in crowdfunding of music projects market, none of these players are direct competitors of imusify and, as explained in the following, they are part of the problem, rather than the solution.

Features for Imusify

The inefficiencies of centralization

The rapid transition to digital media has led to a diminishing rate of return for artists. The exploitation artists currently experience is a result of the extreme inefficiencies that lie within the current centralized music industry. Lack of transparency within the system has led to lost revenues, misattribution of ownership, and ineffective licensing processes. Not only are artists struggling to earn a fair and sustainable income, but large organizations continue to grow and withhold unfair portions of revenue through exploitation of artists and their creative content.

Connection Failure

Music is more available to global users than ever before but the disconnect between music creators, collaborators and shareholders is growing, making it more challenging to fairly exchange ideas and resources than ever before.

Discount Available

As with any grand opening, the ϑ IMU Token Sale will offer a discount for a limited time. There will be additional discounts rewarded throughout the ϑ IMU Token Sale. they will continue to sell IMU tokens post-sale at full-price.

Video

Team

Member David Walters CHIEF EXECUTIVE OFFICER Tadej Krevh CHIEF TECHNICAL OFFICER Joakim Holmer BLOCKCHAIN ADVISOR

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