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Fair Music Industry Using Blockchain

eMusic, a supporter of independent artists and labels since 1998, has announced a $70M token sale to build a decentralized music distribution and royalty management system. eMusic is planning a public pre-sale for its eMusic utility token (EMU) beginning in September 2018, with a token generation event (TGE) immediately following.

For over 20 years, eMusic has served 47 million fans, in discovering new music, artists and labels, selling nearly one billion downloads from a catalogue of over 26 million tracks. By embracing blockchain, eMusic will develop a sustainable music ecosystem for artists, service providers and the fans that support them. eMusic’s mission is to correct an imbalanced music industry by building a fair, simple and transparent music distribution platform for artists and service providers.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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