Muzika, a decentralized blockchain music ecosystem and Ontology, a new high-performance public multi-chain project, have announced our partnership on the blockchain-based development in Muzika ecosystem, using Ontology technical infrastructure.

Ontology, based in Shanghai of China, regarded as Asia’s Ethereum (ETH), is a $700 million blockchain platform who aims at taking over the place of third parties and intermediaries in Internet transactions.

The strategic partnership reaches beyond technological cooperation where Muzika ecosystem is structured and built on Ontology Blockchain. Both parties agreed to closely partner together in many aspects including, but not limited to, technology, marketing, community operation and product development, etc.

Inseo Chung, CEO of Muzika, spoke highly of this partnership:

“Muzika is creating a truly decentralized digital music ecosystem for all the parties within the digital music space, pushing the distance between the parties closer and in more structurally innovative way than ever. In the quest for the successful implementation of our blockchain-based platform and incentivized structure, our strategic alliance with Ontology will be a tremendous step forward. With Ontology as our strategic partner and powerful ally, we will together envision and enable a meaningful transition of the digital music world.”

Speaking on Ontology’s partnership with Muzika, Founder of Ontology LI Jun said: