Check out: What is the NFT Music Craze & Why are NFTs Important?

Catalyzing Artist and Fan Empowerment

By converting tracks into NFTs on GalaChain, streamlines transactions and cutting costs. Moreover, utilizing its native $MUSIC token for transactions and rewards creates a cohesive ecosystem where smart contracts manage operations.

The ecosystem’s offerings are tailored to three distinct user groups: artists, fans and listeners, and node operators, providing each with specific features that meet music fanatics’ needs within the platform.

Artists: By employing a tiered rarity system for track sales, Gala Music introduces excitement by gradually releasing music in stages of escalating scarcity, culminating in the prestigious ‘Signature Edition’. Additionally, Gala Music boosts follower engagement with special events and loyalty programs. Listeners and fans: Audiences can enjoy uninterrupted streaming of their favorite tunes while earning $MUSIC tokens as rewards. By becoming ‘track owners’ through investing in music and acquiring tracks, they unlock enhanced rights and opportunities to monetize their music investments. Node operators: Node operators, otherwise known as ‘Jukebox operators’, are vital to the platform’s infrastructure, hosting music on the network. They earn a portion of the revenue generated by the hosted music. Notably, track owners who also serve as Jukebox operators keep 100% of their earnings.

Discover New Sounds, Reap Perks

To begin using Gala Music, prospective users can quickly sign up via the Gala Music website. The platform showcases a user-friendly interface where profiles can be customized and eclectic artists and music genres can be browsed.

Once having the in, users can then curate playlists or enjoy streaming, with once-in-a-lifetime rewards and opportunities to delve into exclusive artist events.

So, step into the future of music. Gala Music is not just reshaping how music is produced, shared, and enjoyed but also reinforcing the bond within the music community, making it a cornerstone for the future of music distribution and consumption.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.