Klangaverse Could Be As Big As Bitcoin and Enjin Coin With Its Ecosystem That Seeks To Revolutionize The Music Industry

The shortcomings of Bitcoin (BTC) brought about innovations in the cryptocurrency space that sought to solve these problems. However, as time progressed, ecosystems started tailoring their features to address an issue in a particular industry, like Enjin Coin (ENJ) is solving a problem in the gaming sector. Klangaverse (KLG) was also created to address issues created in the music industry and will be the first of its kind.

The music industry goes beyond the songs from your favorite artists as there are many underlying processes in creating the music, marketing it, and staying relevant in the music scene. As a result, more administrative processes take most of the profits from the songs made by the artists. Most times, the record label is the one that owns the songs and licenses and is taking a huge percentage of the revenue generated from them.

Klangaverse (KLG) observes this exploitation and how it impedes the progress of many upcoming artists. As such, it'll be the decentralized music platform that seeks to give music artists 100% of the profits generated from their music. However, this will only be possible by the artists minting their songs in the form of NFTs, setting the price, and getting the profits from the sales.

This Klangaverse (KLG) use case puts it in a position to be as big as Bitcoin (BTC) because music is universal, and every individual has a favorite artist. The Klangaverse (KLG) also has a use case for Enjin Coin (ENJ) as the platform incorporates its own play-to-earn game, the Klangaspel.

As there will be in-game NFTs and assets, you could use the Enjin Coin (ENJ) to integrate with the game over time, so you can buy, sell, and trade the NFTs. This play-to-earn will provide an additional source of income for both fans and music artists.

How Klangaverse (KLG) Works To Accrue More Value Than Bitcoin (BTC) And Enjin Coin (ENJ)

Klangaverse (KLG) will be the ultimate NFT-music platform that will let music artists and fans collaborate in bridging the gap between music creation, payment, and publication. Klangaverse will scale in value as high as Enjin Coin (ENJ) and Bitcoin (BTC) as it makes the experience of creation, music listening, and management as seamless as possible. The platform will also be wholly decentralized like Bitcoin (BTC) and Enjin Coin (ENJ), where users can vote on decisions to better the ecosystem.

So far, the ecosystem looks highly profitable for the music artists, but there are also perks for the fans. These perks are seen in the 20% royalties on streaming that go back to NFT holders on the platform.

Hence, as you stream your favorite's minted NFT songs and they make profits, you're also making profits. Also, the Klangaspel, a simulation play-to-earn game where Enjin Coin (ENJ) will be beneficial, will provide an additional source of income for both fans and music artists.

Supporting your artists on the platform comes with $0 gas fees as you purchase NFTs to stream their songs. With Klangaverse, music artists will eliminate all intermediaries that eat into their profits. Klangaverse will profit highly from established artists and help upcoming artists be free from the shackles of being owned and exploited.

The platform also keeps its users entertained and connected through its "Music Klub," where members get to interact on music topics and engage in debates. They can also create separate rooms for music-related topics.

Additional Benefits For Klangaverse (KLG) Users

From buying KLGtokens, you'll already be making profits as a user. For instance, if you sign up on the platform and purchase KLG tokens within 28 minutes, you get 15% more. Also, if you buy at presale stages 1, 2, or 3, you get 9%, 6%, or 3% more.

Final Thoughts

It's high time the music paid the artists as much as it should without intermediaries. Klangaverse (KLG) is the platform to ensure that you can support your favorite artist today and make yourself profits by buying KLG tokens.