Klangaverse Could be More Valuable than Dogecoin, Where Music Artists can Get Value for their Work

Klangaverse Could be More Valuable than Dogecoin, Where Music Artists can Get Value for their Work
Published on

The music industry looks enticing with the music artists' glitz, glamor, and seemingly luxurious lifestyle. However, most of them do not make money for their songs as a huge percentage of the proceeds from streaming, royalties, and licenses are taken by record labels and streaming platforms. So in a bid to put an end to this, the Klangaverse (KLG) was created to give music artists the power to dictate and control their profits.

Blockchain crypto technology allows the scalability of any ecosystem, as long as it has the potential to generate income for its users. Such is seen in Dogecoin (DOGE), the first ever meme coin generating profits for users for creating memes that joke about cryptocurrencies and other issues. However, unlike Dogecoin (DOGE), many cryptocurrencies strive to solve a problem.

Klangaverse (KLG) is one of the platforms serving as a decentralized music platform where artists can sell their music in the form of NFTs, and fans can buy with the KLG tokens. This way, music artists get 100% of their money and decide how to share it with their teams if they have one. This project was created primarily for struggling artists who barely make ends meet from their music content.

Klangaverse (KLG) hopes to rank as high as Dogecoin (DOGE) in the coin market with its unique ecosystem leveraging blockchain technology to compensate artists fairly. The blockchain backing that the platform has will ensure a transparent and reliable system for its users and only feature quality music content for its community. In addition, Klangaverse (KLG) will also use the IPFS (interplanetary File System) as decentralized storage to enable music artists to share thousands of minted tracks in a decentralized way.

Klangaverse (KLG) With The Potential To Be As Great As Dogecoin (DOGE) With Solutions To Tackle The Music Industry

Dogecoin (DOGE) was the first ever meme coin to hit the cryptocurrency market, which gave it that edge over every other meme coin to hit the market. Klangaverse (KLG) will also be the first of its kind to hit the market, like Dogecoin (DOGE), and thus, have the potential to be just as valuable, especially with its use case. Klangaverse (KLG) will be the first and ultimate NFT-music platform, bringing together artists and fans to enrich each other in the same app and network.

Klangaverse (KLG) will work such that it fills the void between music production, launching, and payment. The platform will take advantage of blockchain technology to totally reserve music rights for the artists, keep KLG tokens for instant and on-demand payments, and use NFTs as the vessel to distribute music.

KLG users will be part of a decentralized autonomous organization that governs the ecosystem where members can cast their vote for features to help boost the platform and music artists. Also, music artists on the platform will be liable to royalties, such that all music streamed on the platform will generate 20% royalties that will be redistributed to NFT holders.

Creators and fans can use KLG to buy NFTs in support of their favorites, and this comes at $0 gas fees. The fans will also be able to earn as they stream songs and albums, keeping them connected with the community and artists. In addition, Klangaverse will feature a Music Club where community members can interact and engage in debates about music.

Bonuses For Users Of Klangaverse

You get bonuses if you buy KLG at certain fiat currencies or refer a friend to the platform. For example, buying KLG tokens worth $250, $500, $1000, or $3000 will fetch you 3%, 8%, 20%, or 50% more of the tokens. Likewise, if you refer a friend and they spend $100 worth of KLG tokens, you each get $30 worth of KLG.

Klangaverse (KLG) will change the lives of many, like Dogecoin (DOGE), as it brings value to music artists and their fans. So decide to better the life of your favorite artists and yours by buying KLG tokens today.

Check the links below.

Klangaverse (KLG)

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net