There are several issues in the music business. It’s challenging for young artists to enter the industry, and musicians are frequently compensated unfairly for their labor. Although musicians are the heart and soul of the music business, they sometimes don’t get fair compensation or have a simple method to keep track of their royalties. A blockchain-based network called God of Musician tries to address these issues.

The very first blockchain music platform to making use of NFT, DeFi, and DAO technology is called God of Musician (GOM). GOM tokens serve as God Of Musician’s official currency. The lock-up, mining, voting, and incinerating procedures used by the platform will serve to decrease the supply of GOM tokens and raise their rarity. The steady price of GOM tokens will rise as a result, gaining investors’ and artists’ benefits.

What Attracts Miners to GOM?

Only GMiner, which is distributed in NFT format and enables holders to mine GOM tokens, may produce GOM coins. Standard, intermediate, and premium are the three classes for GMiner. There are different levels of endurance in each grade. Every day, you can mine for tokens worth the stamina of your grade. Each day, 200,000 GOM tokens will be made accessible to all Gminers. There will also be a cap on the total number of Gminers sold. Being a MINER user has several advantages. For instance, you will receive invitations to live shows and concerts offline.

In other words, you must acquire a GMiner if you wish to produce GOM tokens. Each GMiner is assigned a grade based on its mining capacity, or “stamina.” You may mine more GOM coins every day the higher the grade.

Up to their placement on exchanges, GOM coin distribution and supply will not increase. However, in addition to mining NFTs, there are other ways to earn rewards, like airdrop and staking events. Your prospective income will considerably improve as a result.

Why Is GOM Different?

Users may register with only one click on the God of Musician portal and receive free NFT conversion. Additionally, it provides free music streaming and GOM token staking on favorite tracks. The music recommendation list is used to create the GodBoard 100 chart, and rewards are offered based on the rankings. Musicians can profit by betting on their own music. If they properly forecast the movements of the chart, they may also receive increased stakes and awards. Users on the site may also trade and auction NFTs.

The platform upends the current, centralized music business using blockchain technology. They are dedicated to building a decentralized music ecosystem that artists, listeners, and other industry participants may use. Their goal is to establish a new, transparent, and effective music ecosystem.

God Of Musician has the potential to completely transform the music business with its innovative strategy and cutting-edge technology. The God Of Musician team is very knowledgeable about both blockchain technology and the music industry. They think that blockchain may bring about justice and transparency in the music business and improve musician rights and interests protection.

To equally divide the advantages created by the platform to all ecosystem members, the platform also uses a transparent incentive structure. Their ultimate objective is to establish a situation in which everyone benefits and helps the music business grow.

Link: https://www.godmusician.com/