What is Music& Token (Mint)?
Music& project is a blockchain technology-based project that helps consumers directly lead the music market beyond content consumption by exploring various investment paths for music copyrights and related rights. It returns copyright fees paid to associations and intermediaries as rewards to creators and stakeholders, ensures transparency in transactions and settlements, and creates a virtuous cycle of reinvesting the value created through content creation and consumption so that these can create an innovative and healthy music distribution ecosystem.
Mint is a cryptocurrency that designed to bridge music IP (Intellectual Property) and blockchain to benefit music listeners by listening to earn and to make the Mint bearers to become music copyright holders.
Mint is the leading cryptocurrency combined with Music IP investment, and Mint bearers can be beneficiaries for the profit generated from Music IP fees and neighboring right fees secured for Mint.
Profit generated from Music IP and neighboring rights will be bigger as more remaking based on secured Music IP will generate more neighboring rights.
For the reference, Music IP fees will be generated until the end of 70th years from the year of the death of music composer/writer.
How Many Mint Coins are there in Circulation?
- Disclosure date and lockup release period
- Disclosure date : 22/02/23
- Lockup release period : 01/03/22 – 31/12/24
- Token lockup release supply
- Date : 22/02/23
- Supply : 688,877 MINT (14.94% of the number of tokens currently available for distribution)
- Unsold supplies at token sale will be burned in the future
- Token Issuance
- Total amount : 1,000,000,000 MINT
- Current Lock-up (Before lockup release) : 3,950,409 MINT (0.40% of total)
- Current circulating supply (After lockup release) : 688,877 MINT (0.07% of total)
What Makes Mint Unique?
- Blockchain technology-based music copyright and related rights trading platform
- Platform activating music recreation (Production of remake music & copyright sales and receipt)
- NFTization of music copyrights and related rights
- L2E (Listen To Earn) platform Music&Cash → Listen music to earn assets.
- Anyone can be a holder of music copyrights and related rights. Based on the strategy of ‘Listen music to earn assets’, Music& acquires revenue generation rights and distribution claims through purchase of music copyright and secures new copyrights and related rights through continuous value creation activities. Music& seeks high profitability through various sales methods, including publishing secured copyright-based NFT and creates practical value for the platform by sharing and redistributing them to users.
Who are the Founders of Music&
Mint is launched by Musci& that experts from entertainment industry, from IT industry, and from blockchain industry established together.
Co-founder and Co-CEO, Hon Shik Chung is entertainment industry back-grounded expert whose career was CSO in CJ E&M, the biggest entertainment company listed in Korean stock market and CMO in D’live, cable MSO in Seoul Metropolitan area, and so on.
Another Co-founder and Co-CEO, Joon Woo Kim is IT industry back-grounded expert who has run SI companies and leading PG (Payment Gateway) in Indonesia and Korea.
Co-founder and CMO, Jae Hong Lim is block-chain industry back-grounded expert who participated in establishing Bithumb and played important role in the company, and in Itemmania and so on.
Where can I Buy Music& token (Mint)
Mint can be acquired in Music& Eco-system by method of ;
- Listening music in Music&Cash platform
- Purchasing Music& NFT
- Participating Music& Governance & Community Activities
- Trading in Crypto Asset Exchange
- Staking Bonus
- Airdrop and etc.