MusicProtocolRECORDToken

### About Us **Music Protocol is revolutionizing the music industry by converting music catalogues' royalty cash flows from major labels into digital liquid Real World Assets (RWA) on the blockchain.** We are unlocking a **$500+ billion** market, providing a groundbreaking network for the music industry to fully digitize catalogues and automate on-chain royalty distribution and settlement. **$RECORD drives the tokenization of music catalogues.** $RECORD, our native token, fuels adoption, rewards participants, and governs the network economy. Approved by FINMA as a utility token, $RECORD ensures full regulatory compliance. ### Summary - Sovereign chain underpinning the global **$500+ billion** music industry - **$5 million** raised from top VCs and Web3 founders - **Over $1Bn** in music catalogues ready to be tokenized, including Grammy winners - Over **50** partners in music, including major labels and distributors, and in finance, including asset managers and merchant banks - A team with **30+ years** of industry experience, including executives from Universal and Sony ### Funding In the **2021-2022** bear market, we raised funds strategically, focusing on early market entry and **community involvement**. **VCs**: - Scytale Digital - HV Capital **Angel investors**: - Dr. Gavin Wood, Co-founder Ethereum, Founder/Inventor Polkadot - Ewald Hesse, Founder of Energy Web - DonnieBigBags, Founder of Moonsama - and more Web3 founders ### Listing on DEXes - $RECORD will be listed on DEXes soon after the Liquidity Bootstrapping Pool (LBP). - Most LBP funds will provide liquidity on these exchanges. - We might decide to cap the raise and transition to DEXes to limit the sale and ensure a smooth transition. ### Roadmap **Phase 1: Adoption** - **IP Core Applications**: Establish initial IP management and licensing applications. - **Tokenization incentives**: Introduce the Music Passive Reward (MPR) Token Distribution Mechanism to encourage artists to register their IP. - **ERC-20 Token**: $RECORD functions as an ERC-20 token on the Base network during this phase. **Phase 2: Expansion** - **Tokenization**: Launch execution layers for exploiting and tokenizing music IP. - **Continued Use**: $RECORD remains an ERC-20 token on the Base network. **Phase 3: Sovereign Chain Launch** - **Own Blockchain**: Establish a sovereign layer one blockchain for secure transactions. - **Full Decentralization**: Complete governance decentralization and expand $RECORD token utilities. - **Validator Rewards**: Inflation will reward validators and support the ecosystem fund. ### Web3 Music Association ([W3M](https://web3music.org/)) W3M is the Swiss foundation contributing to the development and adoption of Music Protocol. It has been created by the music industry to boost innovation within the music industry through decentralized digital technology and a collaborative ecosystem. - [Press Announcement](https://www.musicbusinessworldwide.com/new-music-industry-trade-body-the-web3-music-association-launches/) - [Cointelegraph](https://cointelegraph.com/news/tokenizing-music-catalogs-web3-revolution) ### Learn More - [Website](https://www.musicprotocol.io/) - [Docs](https://docs.musicprotocol.io/) - [Twitter](https://x.com/MusicProtocolX) - [Discord](https://discord.com/invite/ksQVrgsc9E) - [Telegram](https://t.me/officialmusicprotocol) - [Mirror](https://mirror.xyz/musicprotocol.eth) - [Audit](https://certificate.quantstamp.com/full/music-protocol-token-staking-and-dao/3cb260d9-3d7c-47a8-b247-6ca4ce733ab6/index.html)

Sale type
Liquidity Bootstrapping Pool
Bob the reBuilt logo
Launch partner
Bob the reBuilt
LP LockNone
Raise typePublic
Post SaleRedemption Delay
MusicProtocolRECORDToken
Base$RECORD
### About Us **Music Protocol is revolutionizing the music industry by converting music catalogues' royalty cash flows from major labels into digital liquid Real World Assets (RWA) on the blockchain.** We are unlocking a **$500+ billion** market, providing a groundbreaking network for the music industry to fully digitize catalogues and automate on-chain royalty distribution and settlement. **$RECORD drives the tokenization of music catalogues.** $RECORD, our native token, fuels adoption, rewards participants, and governs the network economy. Approved by FINMA as a utility token, $RECORD ensures full regulatory compliance. ### Summary - Sovereign chain underpinning the global **$500+ billion** music industry - **$5 million** raised from top VCs and Web3 founders - **Over $1Bn** in music catalogues ready to be tokenized, including Grammy winners - Over **50** partners in music, including major labels and distributors, and in finance, including asset managers and merchant banks - A team with **30+ years** of industry experience, including executives from Universal and Sony ### Funding In the **2021-2022** bear market, we raised funds strategically, focusing on early market entry and **community involvement**. **VCs**: - Scytale Digital - HV Capital **Angel investors**: - Dr. Gavin Wood, Co-founder Ethereum, Founder/Inventor Polkadot - Ewald Hesse, Founder of Energy Web - DonnieBigBags, Founder of Moonsama - and more Web3 founders ### Listing on DEXes - $RECORD will be listed on DEXes soon after the Liquidity Bootstrapping Pool (LBP). - Most LBP funds will provide liquidity on these exchanges. - We might decide to cap the raise and transition to DEXes to limit the sale and ensure a smooth transition. ### Roadmap **Phase 1: Adoption** - **IP Core Applications**: Establish initial IP management and licensing applications. - **Tokenization incentives**: Introduce the Music Passive Reward (MPR) Token Distribution Mechanism to encourage artists to register their IP. - **ERC-20 Token**: $RECORD functions as an ERC-20 token on the Base network during this phase. **Phase 2: Expansion** - **Tokenization**: Launch execution layers for exploiting and tokenizing music IP. - **Continued Use**: $RECORD remains an ERC-20 token on the Base network. **Phase 3: Sovereign Chain Launch** - **Own Blockchain**: Establish a sovereign layer one blockchain for secure transactions. - **Full Decentralization**: Complete governance decentralization and expand $RECORD token utilities. - **Validator Rewards**: Inflation will reward validators and support the ecosystem fund. ### Web3 Music Association ([W3M](https://web3music.org/)) W3M is the Swiss foundation contributing to the development and adoption of Music Protocol. It has been created by the music industry to boost innovation within the music industry through decentralized digital technology and a collaborative ecosystem. - [Press Announcement](https://www.musicbusinessworldwide.com/new-music-industry-trade-body-the-web3-music-association-launches/) - [Cointelegraph](https://cointelegraph.com/news/tokenizing-music-catalogs-web3-revolution) ### Learn More - [Website](https://www.musicprotocol.io/) - [Docs](https://docs.musicprotocol.io/) - [Twitter](https://x.com/MusicProtocolX) - [Discord](https://discord.com/invite/ksQVrgsc9E) - [Telegram](https://t.me/officialmusicprotocol) - [Mirror](https://mirror.xyz/musicprotocol.eth) - [Audit](https://certificate.quantstamp.com/full/music-protocol-token-staking-and-dao/3cb260d9-3d7c-47a8-b247-6ca4ce733ab6/index.html)
Sale Type
Liquidity Bootstrapping Pool
Launch Partner
Bob the reBuilt
LP Lock
None
Raise Type
Public
Post Sale
Redemption Delay
Completed
Current Price
5.63
Tokens Sold
90.1%
Market Cap
970.5K
FDV
19.41M
Funds Raised
642.6K
Jul 11, 16:00:00
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About Project
About Us
Music Protocol is revolutionizing the music industry by converting music catalogues' royalty cash flows from major labels into digital liquid Real World Assets (RWA) on the blockchain.
We are unlocking a $500+ billion market, providing a groundbreaking network for the music industry to fully digitize catalogues and automate on-chain royalty distribution and settlement.
$RECORD drives the tokenization of music catalogues.
$RECORD, our native token, fuels adoption, rewards participants, and governs the network economy. Approved by FINMA as a utility token, $RECORD ensures full regulatory compliance.
Summary
  • Sovereign chain underpinning the global $500+ billion music industry
  • $5 million raised from top VCs and Web3 founders
  • Over $1Bn in music catalogues ready to be tokenized, including Grammy winners
  • Over 50 partners in music, including major labels and distributors, and in finance, including asset managers and merchant banks
  • A team with 30+ years of industry experience, including executives from Universal and Sony
Funding
In the 2021-2022 bear market, we raised funds strategically, focusing on early market entry and community involvement.
VCs:
  • Scytale Digital
  • HV Capital
Angel investors:
  • Dr. Gavin Wood, Co-founder Ethereum, Founder/Inventor Polkadot
  • Ewald Hesse, Founder of Energy Web
  • DonnieBigBags, Founder of Moonsama
  • and more Web3 founders
Listing on DEXes
  • $RECORD will be listed on DEXes soon after the Liquidity Bootstrapping Pool (LBP).
  • Most LBP funds will provide liquidity on these exchanges.
  • We might decide to cap the raise and transition to DEXes to limit the sale and ensure a smooth transition.
Roadmap
Phase 1: Adoption
  • IP Core Applications: Establish initial IP management and licensing applications.
  • Tokenization incentives: Introduce the Music Passive Reward (MPR) Token Distribution Mechanism to encourage artists to register their IP.
  • ERC-20 Token: $RECORD functions as an ERC-20 token on the Base network during this phase.
Phase 2: Expansion
  • Tokenization: Launch execution layers for exploiting and tokenizing music IP.
  • Continued Use: $RECORD remains an ERC-20 token on the Base network.
Phase 3: Sovereign Chain Launch
  • Own Blockchain: Establish a sovereign layer one blockchain for secure transactions.
  • Full Decentralization: Complete governance decentralization and expand $RECORD token utilities.
  • Validator Rewards: Inflation will reward validators and support the ecosystem fund.
Web3 Music Association (W3M)
W3M is the Swiss foundation contributing to the development and adoption of Music Protocol. It has been created by the music industry to boost innovation within the music industry through decentralized digital technology and a collaborative ecosystem.
Learn More
Sale Details
Price Discovery
Start Price Per Token
0.0₅129 USDCUSDC
Start Weights:
97.0%RECORD
3.0%USDC
End Weights:
10.0%RECORD
90.0%USDC
Max Raise(Hard Cap)
0 USDCUSDC
Sale Network:
Base
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Jul 8, 2024, 12:00 PM UTC
Duration
3 days 4 hours
End Date
Jul 11, 2024, 4:00 PM UTC
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Delay from Sale End
3 hours
Redemption Opens
Thu 11, 2024, 7:00 PM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
Launch Partner Review
Launch partners enhance Fjord project launches by reviewing projects to meet personal standards, setting parameters to protect all parties' interests (e.g., liquidity locks, token vesting, funding caps), and providing marketing support (if applicable). Always DYOR and verify info.
Launch Partner
Bob the reBuilt
I don't need to re-hash the description of the project to shill it to you here, you can read all the info they put out! Their move into the RWA space is unique, they have a bit of an egde and a moat with their connections and large players ready to onboard. Above all, I have a lot of respect for the team's ethos and dedication to the vision over the years, seeking to do right by their investors at every step.
Bob the reBuilt
Did project provide KYC to Launch Partner?
Yes
FAQ
Connect your wallet, review the sale details, then choose the token and amount you want to contribute. If approval is required, approve the spending limit first, then confirm the purchase in your wallet.
Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.