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Music is the universal language that connects us all. In recent times, however, piracy issues are running rife, with lawsuits in the music industry becoming more commonplace (for example, refer to the case of Ed Sheeran). Thankfully, all is not lost. This problem could well be solved with the appearance of music blockchain platform Melos Studio.
Melos Studio harnesses BNB Smart Chain technology to capture moments of musical inspiration. It functions using a combined decentralized meta and music Web 3.0 platform that creates an avenue for partnership and enables interaction between musicians and other music creators. Its user-friendly interface allows virtually anyone to create their own music with a set of free and easy-to-use tools. The resulting content is then minted as NFTs and uploaded for sale on the NFT marketplace.
Apart from enabling the sale of music NFTs, Melos also embraces additional features like NFT staking and NFT transaction mining. A unique feature about this platform is that minted NFTs are permanently stored on the blockchain and can be accessed at any time. The goal of Melos Studio is to ensure that no music is lost; that the originality of pieces is preserved, for both current and future generations to enjoy.
Melos Studio, an innovative, decentralized music NFT marketplace, was set up in Taiwan in 2020. It’s a unique platform that enables artists, musicians and even content creators to showcase their talent to a community of fans and users.