Reason to trust
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Shiba Inu (SHIB) was the meme coin created to flip the value of Dogecoin (DOGE), and it’s well on its way, comparing the market cap of the two coins. On the other hand, GALA was the coin created to power Gala games in a play-to-earn ecosystem that has seized the crypto-verse. Now, it’s time for Klangaverse (KLG) as the coin to bring value to music artists and their fans all on one app and network.
Undoubtedly, the music industry is one of the most booming industries globally, generating over $43 billion yearly. However, the artists that create the music only get about 12% of this massive figure. Struggling artists have it harder with their music licenses, royalties, and streaming revenue owned by record labels and streaming platforms. For instance, a music artist will only get $0.0033 for one stream on Spotify, meaning they must have 303,000 streams to earn $1000.
These problems terminate the dreams of many upcoming artists, but not anymore. Klangaverse (KLG) is the decentralized music platform that strives to power music artists to control their profits as they deem fit. This will be made possible with music artists minting their songs in the form of NFTs and fans paying the price dictated by them to stream.
However, the music artists are not only in to make money from the platform. The fans will also get their share of the 20% royalties taken from streams and redistributed back to NFT holders, which includes the fans. In addition, Klangaverse (KLG) will ensure total decentralization such that music artists can use the IPFS (interplanetary file system) to share thousands of minted songs on the platform.
Klangaverse – The Answer To Enrich Music Artists And Users With Features Also Seen In Shiba Inu (SHIB) And Gala (GALA)
Coins like Shiba Inu (SHIB) and Gala (GALA) are now incorporating play-to-earn games into their ecosystems as the trend in the crypto space continues. Gala (GALA) is primarily a project dedicated to games where its users can play any game and earn GALA tokens from them. So, like Shiba Inu (SHIB) and Gala (GALA), Klangaverse also comes with a play-to-earn game called Klangaspel.
Klangaspel is a simulation play-to-earn game that lets fans and music artists earn as they pave their way to stardom. In the game, you can purchase an instrument from the several listed in the game’s market. When you get this instrument, you can major in the genre, start lessons, and advance through stages to achieve the status of a world star.
As you sing, and play instruments, you can create virtual concerts that other KLG users can pay to watch live. This could be in solos, events, groups, festivals, or concerts. There are many levels, different possibilities, and cash to win with these P2E games. Its potential could put it on the same level as Shiba Inu (SHIB) and Gala (GALA).
As a fan or musical artist on the platform, you get more KLG tokens when you buy at certain presale stages or make multiple purchases. For instance, if you enter the presale stages 1, 2, or 3, you’ll gain 9%, 6%, or 3% more of the tokens you buy. When you buy KLG tokens for the second, third, or fourth time, you get 35%, 70%, or 100% more of the tokens you buy.
Bid On Albums And Keep A Music Library With Klangaverse (KLG)
Artists will have the avenue to fund their albums and future projects on the Klangaverse platform. They will get the chance to launch their albums and singles in NFTs so that fans can bid on them. This action will help create scarcity and demand, so the prices of NFTs will increase. Fans can also buy and hold their best pieces in their “record library.”
Klangaverse (KLG) is here for the music artists to get better value for the work they put into their songs and for fans to stream their songs. So purchase KLG tokens today and make good profits.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
