Melodity – The Web3 Ecosystem for the Music Industry Unleashing Creativity with Play-to-Earn, Listen-to-Earn, NFTs and Metaverse | Benzinga Spain

MILAN, Jan. 4, 2022 / PRNewswire / – Melodity is taking the music industry one big step toward decentralized creators’ economy and has begun building a Web 3.0 monetization infrastructure to support musicians in whole new ways.

Melodity The Web3 Ecosystem for the Music Industry Unleashing

To do this, Melodity is building a first level ecosystem consisting of play-to-earn (P2E), listen-to-earn (L2E) and Metaverse platforms based on its own blockchain that will enhance opportunities for musical artists, professionals, fans and music lovers. Three of the integrated platforms are DoMeta, DoDuet, and DoMart.

DoMeta is an almost completely music-oriented metaverse, where users can enjoy their time playing, learning, creating and interacting with each other or participating in live events. Has the intention to attract communities by combining music, DeFi, blockchain and NFT, as well as a play-to-earn model, in a single package.

DoDuet, with a listen-to-earn model, will create an innovative experience like no other. It’s an easy-to-use contest platform that gamifies music and provides easy-to-access visibility and prizes for artists. You will reward contest entrants just by listening to the clues and voting.

DoMart, the NFT marketplace, will not only provide song distribution, but also endless possibilities to sell, buy, license and manage composite music NFTs.

The ecosystem will always be a place where creativity grows infinitely. The main objective is to allow musical artists to maximize their income and visibility by offering them advanced instruments to manage their own art.

Melodity wants to become the benchmark of the music industry in this new era by contrasting old dynamics and providing a new home for artists where they can earn up to 90% of the income from their creations.

“With an ambitious purpose, Melodity is a protocol designed with the idea in mind of giving freedom and new media to all musical artists so that they can unlock the full potential of their music,” said the CEO. Rolen Guzman.

Token Melodity

The Melodity token ($ MELD) is hosted on Binance Smart Chain (BSC). It is the ecosystem’s store of value and is in the early stages of launch.

The Melodity project was born out of the founders’ passion to help ease the difficult financial circumstances of independent music artists. As amateur ex-musicians, the founders witnessed first-hand how some of their friends struggle to generate income from their art.

For more information:

https://melodity.org
https://t.me/Melodity_Official_Community
https://twitter.com/meloditytoken

Melodity The Web3 Ecosystem for the Music Industry Unleashing

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Melodity – The Web3 Ecosystem for the Music Industry Unleashing Creativity with Play-to-Earn, Listen-to-Earn, NFTs and Metaverse | Benzinga Spain