According to a message from 深潮 TechFlow, on May 30, MUSIC officially released the on-chain asset $DRIP, a single titled "Drip Drip" produced by top DJ R3HAB. According to the token economic model, 20% of the supply will be allocated for the first round of airdrops, and the snapshot has been completed.
The platform has completed the migration from Base to the Story chain, supporting one-click cross-chain for $MUSIC. Transactions will use the native token $IP of Story as the gas fee.
This model achieves on-chain rights confirmation and real-time profit sharing for music IP, allowing artists to earn revenue through 1% transaction sharing, licensing fees, and derivative sharing. R3HAB and the Sony Tencent joint venture label have received a 15% Token allocation, with the remaining portion to be used for community incentives.
This launch marks an important advancement in the innovative application of music assets in the Web3 field, providing creators with new monetization channels.
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Darah378Mili
· 05-30 20:39
What makes me angriest about having the coin sitting in Spot is that instead of the coin appreciating, it keeps spawning little ones.....
The Story ecological music tokenization platform MUSIC has launched the top 100 DJ hit token $DRIP, with a 20% supply Airdrop starting.
According to a message from 深潮 TechFlow, on May 30, MUSIC officially released the on-chain asset $DRIP, a single titled "Drip Drip" produced by top DJ R3HAB. According to the token economic model, 20% of the supply will be allocated for the first round of airdrops, and the snapshot has been completed.
The platform has completed the migration from Base to the Story chain, supporting one-click cross-chain for $MUSIC. Transactions will use the native token $IP of Story as the gas fee.
This model achieves on-chain rights confirmation and real-time profit sharing for music IP, allowing artists to earn revenue through 1% transaction sharing, licensing fees, and derivative sharing. R3HAB and the Sony Tencent joint venture label have received a 15% Token allocation, with the remaining portion to be used for community incentives.
This launch marks an important advancement in the innovative application of music assets in the Web3 field, providing creators with new monetization channels.