Feature

Music Protocol’s $RECORD RWA Makes a Grand Debut on Fjord Foundry

Get ready for the next big thing in crypto! Music Protocol has revolutionized the music industry with the launch of its $RECORD token on Fjord Foundry on July 8, 2024.

Music Protocol is turning music royalties and catalogs from major record labels into investable assets on the blockchain, unlocking a trillion-dollar market for capital providers.

Join the Liquidity Bootstrapping Pool

You can now participate in the Liquidity Bootstrapping Pool (LBP) of $RECORD on Fjord Foundry. The higher the pool’s liquidity, the greater the return on investment (ROI). Don’t miss this chance to be part of a transformative financial innovation!

Join now: https://app.fjordfoundry.com/pools/0x49c39cB673e58398f177b8F18c540D53d50b7b81

Transforming Music Rights and Royalties

Music Protocol tokenizes music rights and royalties and creates digital assets on the blockchain. This innovation opens up a vast market for investors and capital providers, making investing in the music industry easier than ever.

Benefits for Crypto Traders and Investors

Long-term Growth Potential: $ RECORD’s phased roadmap ensures sustained growth and increasing utility over time.
Early Adoption Incentives: Initial adopters can benefit from exclusive incentives like the Music Passive Reward.
Multi-use Token: $RECORD serves multiple roles, including governance, staking rewards, and transaction fees.
Robust Governance: The transition to a fully decentralized governance model enhances transparency and community involvement.
Sovereign Blockchain: Establishing its own blockchain will increase scalability and control.

The $RECORD Music Protocol has also announced a unique opportunity for early adopters participating in the LBP on Fjord Foundry. Here’s why you should be excited:

Early Bird Bonus: 60% More $RECORD with Exclusive Airdrop

By joining the LBP on Fjord Foundry, the community will receive a 0.6 $RECORD bonus for every $RECORD you purchase. That’s essentially a 60% discount on your investment! This exclusive airdrop rewards early backers who believe in the Music Protocol’s vision and want to be part of its revolutionary journey.

Exciting Airdrop Campaign

Music Protocol is also launching an airdrop campaign, allocating 160 million $RECORD tokens (16% of the total supply) for community incentives and distribution. This campaign aims to build a thriving community integral to the future of music. The pre-TGE season, SZN1, focuses on growing and strengthening the community with a pre-TGE airdrop campaign designed to engage and reward early supporters. Future seasons will explore staking, fan-to-artist interactions, and protocol engagement.

Why tokenize music rights?

The simple answer is that it makes an attractive investment class. How? Let’s find out. Music royalties offer consistent revenue streams, generating reliable income from streaming services, licensing, and other sources. This stability makes music a sound investment.

The global music industry is booming, driven by digital consumption and streaming. This rapid growth creates a lucrative opportunity for investors. Investing in music royalties provides diversification benefits due to their low correlation with traditional financial markets, helping to reduce portfolio risk.

Music intellectual property (IP) holds significant value and has the potential for substantial appreciation as music consumption continues to rise. Music’s universal appeal ensures perpetual demand for high-quality music assets, making it a timeless and valuable investment.

Music Protocol: A Visionary Team At the Helm

Leading Music Protocol is Sergio Mottola, President and CEO, a strategic visionary driving the company forward. Charlie Rapino, Vice President, is a heavyweight in the music industry known for launching successful artists and managing major record labels.

Backed by Influential Investors and Partners

Music Protocol is supported by major investors like Scytale Digital, HV Capital, and Ethereum co-founder Dr. Gavin Wood. Strategic partnerships span music, fashion, and gaming sectors, with collaborators like PIAS, Beggars Group, Blue Raincoat Music, Diesel, DKNY, and Adidas.

Fjord Foundry’s Liquidity Bootstrapping Pools (LBPs)

Liquidity Bootstrapping Pools (LBPs) are reshaping fundraising, especially at Fjord Foundry. LP Curators oversee projects, adjusting token prices based on demand. The final price remains undisclosed until the LBP ends, adding excitement. As pools grow, so does token value, maximizing contributor returns.

Fjord Foundry stands out in bootstrapping platforms:

Equal Opportunity: Features like Fjord’s Sniper Bot & Whale Resistant ensure fairness, offering everyone an opportunity to participate.
Price Discovery: Unlike fixed models, Fjord’s LBPs adjust prices based on community demand, transparently discovering fair values.
Interactive Experience: Fjord Foundry engages participants with interactive token launches, fostering community involvement and immersion.

Curated by LP Curators, Fjord’s LBPs rigorously vet and present projects, ensuring quality standards are met for all participants.

Join the Movement

The launch of the $RECORD token on Fjord Foundry is set to transform the music industry and create new investment opportunities. Join the LBP and be part of the future of music and finance.

Pool in now:https://app.fjordfoundry.com/pools/0x49c39cB673e58398f177b8F18c540D53d50b7b81

Do not miss an update. Follow Music Protocol:

Whitepaper: https://docs.musicprotocol.io/
Twitter: https://x.com/MusicProtocolX
Farcaster: https://warpcast.com/musicprotocol
Telegram: https://t.me/officialmusicprotocol
Discord: https://discord.com/invite/ksQVrgsc9E

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Mayank Singh