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Token Traxx on Zilliqa (ZIL) Is Set to Incentivize Music Creation

Token Traxx on Zilliqa (ZIL) Is Set to Incentivize Music Creation

Community Trust ScoreLikely Real

78%
Real
Likely Real23 votes
Updated 5 years ago

Zilliqa is set to incentivize music creation, curation and collection chain.

Token Traxx is an NFT music platform founded by miles leonard former chairman of Parlophone Records and Warner Music and Tommy Danvers, a multi-platinum award winning music producer who worked with the likes of Kanye West and Kylieminogue.

The music industry has long been plagued by issues around fair pay and recognition. Tokenisation could change that by making sure everyone in the value chain. Be it performers, recording studios, collectors and fans, everyone gets rewarded and engaged in a whole new way.

With NFTs, artists are given a whole new way of generating revenue through things like recurring royalty payments. Playlists are a huge part of streaming platforms and creators of them are generally unrewarded for their curation. With TokenTraxx, these efforts will be rewarded.

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Zilliqa being a scalable L1 and environmentally friendly with its carbon neutral plans is perfect for such an economy. With the incoming stream of outside-in adoption, the volume in which value will be transacted will be massive, hence needing a blockchain that scales together.

The tremendous value proposition that both TokenTraxx and Zilliqa brings makes this a harmonious collaboration. The expertise brought by the team at TokenTraxx along with the tech will help onboard artists and users from outside of crypto, sparking mass adoption.

Here’s to a revolutionary partnership Token Traxx. The revolution will not be televised. It will be heard and echoed through the Zilliqa blockchain. Strap on your seatbelt and enjoy the ride to mass adoption Zilliqans.

For clarity, Traxx is an NFT platform, built by musicians for the music community. It provides you with a whole new way to create, curate and collect music.

They believe in NFTs as the foundation of that future, with technology that can redefine and enhance the value of music.

The way one engages with music is evolving. Token Traxx is ushering in a new era for the music community, providing fair rewards which can be shared with everyone.

Traxx, are the driving force of the music industry. They are the producers, musicians, writers, performers and composers. They pour their heart and soul into their work.

Curators are the taste makers of the music community. They are the playlists makers, club and radio DJs and the podcasters. They find and champion the artists one loves.

Collectors are lifeblood of music scene. They are the vinyl junkies, digital crate diggers and now. The new wave of NFT collectors. They love to support their favourite artists and own their music.

 

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Community Trust IndexHigh Confidence
78%
Real
Real78%22%Fake
23 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

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