Klangaverse (KLG): Everything You Need to Know

With the emergence of new crypto assets, there is an overwhelming number of possibilities and a lack of information on tokens—especially given what makes a cryptocurrency a viable asset. For example, Klangaverse (KLG) is a new cryptocurrency causing quite a stir in the forums. Let's find out more.

What is Klangaverse (KLG)?

Klangaverse (KLG) is a decentralized music-sharing network that uses blockchain technology to ensure that artists are fairly compensated for their work while simultaneously providing a transparent and dependable payment system and high-quality music to the community. The platform's goal is to bridge the gap between music production, publication, and payment, to make the experiences provided by listening to music, generating it, and managing it as engaging, seamless, entertaining, and dependable as possible.

Klangaverse has claimed it would use blockchain technology to leverage its data for music copyrights, cryptocurrency for quick and on-demand payments, and Non-fungible tokens (NFTs) to exchange music and all its linked products. Klangaverse's token (KLG) will be deployed on Binance smart chain (BSC) with a maximum quantity of 10 billion. Still, according to the white paper, only 3 billion will be accessible for pre-sale.

How does Klangaverse work?

Built on the Binance Smart Chain (BSC), Klangaverse is an entirely decentralized music streaming protocol with a public blockchain architecture and additional decentralized technologies. Klangaverse seeks to offer thousands of minted tracts by artists in a very decentralized manner by utilizing the speed previously inspired by Ethereum (ETH) and redundancy of decentralized storage methods through IPFS (Interplanetary File System).

Its coin, KLG, is intended to carry out payments and manage artists and fans, creating a new paradigm where artists may select how to split the proceeds from minted songs and can be divided among the teams, depending on the various minted songs on the ecosystem. The platform is geared toward helping artists develop a fan following, bypass intermediaries, and make money independently, enabling them to continue living out their dreams for themselves and the community they value and adore.

Is Klangaverse a Scam?

Klangaverse is only a new coin; it is not a scam. KLG's website and whitepaper are well-written. Some cryptocurrencies are less reliable and survive only by garnering attention. Before allocating your cash, you should do considerable research and exercise caution.

It's unlikely. According to the white paper, the statistics gleaned from newly created songs via the system's blockchain smart contract would be public data. After launching the pre-sale, the platform will conduct an audit as part of its commitment to openness. While using cryptocurrencies with prudence is encouraged and suggested, it is rational to assume that Klangaverse is not a fraudulent initiative.

Although Klangaverse is in its early phases, it fits all the criteria for a real cryptocurrency. The following links will provide information about the company's white paper, roadmap, and audit.

Presale: http://bang.Klangaverse.com/

Website: http://Klangaverse.com/

Telegram: https://t.me/KlangaverseOfficial