Harum93: MP3 FINANCE

Hello everyone, how are you? If you are interested in joining the project, MP3 FINANCE you should read information that will help you get information that can help you in seeing your vision and mission.

Music is a significant part of most people’s daily lives. More than just entertainment, music is an art form, an important medium for cultural exchange. The demand for music consumption has created a major business industry encompassing production, distribution, publishing, live concerts, and album sales. However, there are still a lot of unsolved issues in each of these music fields. Currently, we are on the blockchain paradigm shift. Blockchain has great opportunities to re-imagine many industries, and it holds tremendous potential to reshape the future of the music industry. Blockchain music applications include solutions for a wide scope of industry problems: releasing music, streamlining the distribution model and funneling more of the revenue towards the creators by eliminating fees, imposed by middlemen, between end-users and artists.

MP3 FINANCE-Blockchain Music Entertainment(BME)
BME Group is a collective of developers from around the world contributing to the decentralization of the entertainment industry & empowering those who create.

We here at Blockchain Music Entertainment are committed to disrupting the entertainment industry by building a suite of decentralized financial tools that will empower the next generation of recording artists & film/content creators. We are first tackling the music industry with ‘mp3 finance’, as we have introduced in our previous article. We are holding a presale for the MP3 tokens this Friday 2/5, and we wanted to discuss the tokenomics and structure of how this ecosystem will be built; as well as the pertinent information regarding the sale.

Ecosystem:

1. MP3:

The utility token for the Music Industry DAPP; this will include bonding curve and NFT based financial products to empower recording artists and help to decentralize the music industry. This is the first token to be released and is the first product in development.

2. BME:

The governance token of the Blockchain Music Entertainment Decentralized Flexible Organization (DFO); The home base of the decentralized and transparent development of the DAPPs. BME will be distributed to MP3 holders 1-week from the end of the presale/Uniswap listing based on a snapshot. Once distributed, it may become tradeable once liquidity is added. BME will include rounds of LP farming, and will eventually become necessary to farm MP4 in the future.

3. MP4:

The utility token for the Movie Industry DAPP; this will include financial products to empower independent film & content creators, as well as influencers. The blueprints are still being drafted for MP4 and will likely be introduced to the ecosystem later this year in Q2 or Q3.

What’s In It For The Artist?
Artists have the power to navigate their career with little or no intermediaries. While operating on the blockchain, they can choose to pursue a music career without record labels, banks, lawyers, etc.

Using blockchain technology, artists benefit in record-keeping. Data and transactions are validated and confirmed by multiple sources across the network, timestamped, and secured using cryptography. The blockchain is immutable.
Artists receive their revenue in real-time. The transactions from fan to artist occur without any middlemen.

Artist Creates Profile & Deploys a Personalized Oracle
With a customized profile in the MP3 catalogue, artists can deploy their own personalized bonding curve curation markets, and “tokenize” themselves. A smart contract that is able to generate secondary tokens, or “shares”, based on a floating price point. Shares are created by staking value (MP3) to the contract and can be redeemed or “unbonded” at any time for the value of where the pricing function is at; thus providing the ability to create markets without the logistical hangups of exchanges, liquidity, market makers, or orderbooks, as this essentially facilitates all of those functions through a smart contract interface. A widget that may be embedded on their website will provide the DEX for their “token”.

1. Initial Artist Offering (IAO)

Artist can be listed and go “public” on the MP3 DEX, available for fans & speculators to invest in.

2. International Exposure

Independent marketers & influencers profit from the promotion of the artists they invest in; Artists profit by unbonding their initial equity ‘shares’ at a higher price point on the bonding curve. Everybody wins.
Introducing: The Initial Artist Offering (IAO)

Imagine a place where the average person could invest in an artist as easily and inthe same type of way they would a crypto project they believe in. We have the tech, now it is time to implement it —and it begins with tokenizing the artist.

MP3 Token Sale Security
MP3 FINANCE are taking EVERY possibly measure to insure the safety of this token sale and launch. I have been in close contact with the owner of $WORLD and after confirming proper function and seeing their safe and successful token sale on the Safu Investments platform, we have decided to utilize it ourselves. It is an incredible new platform that provides automatic Uniswap listing and liquidity lock immediately following the sale. We chose to go with a 1 Year liquidity lock of 50% of the raised funds. For even more security assurance, we have partnered with Solidity Finance to audit our contracts; ensuring that we have a solid and successful launch.

MP3 Token Sale Details