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Music Protocol news
About Music Protocol
Music Protocol is changing how the music industry manages and trades royalty cash flows by converting them into digital, liquid real-world assets. Our platform allows rights holders and investors to seamlessly tokenise and trade music royalties, bringing a new level of transparency and efficiency to the market.
Our approach unlocks access to a substantial market, valued at over $500 billion, by offering a digital network that automates royalty distribution and ensures transparent, onchain settlements. This not only improves liquidity but also opens up music investments to a wider audience, making the process more accessible and efficient.
$RECORD is the core token of the Music Protocol ecosystem, facilitating the tokenisation of music catalogues and encouraging participation in our network. As a governance token, $RECORD enables holders to have a say in key decisions, fostering a community-led approach to platform development.
Regulated by FINMA as a utility token, $RECORD ensures full compliance while playing a vital role in supporting liquidity, facilitating royalty payments, and maintaining the decentralised structure of Music Protocol. It also serves as a gateway to innovative financial products like the Music Bond, enhancing opportunities within the music industry.
Our mission at Music Protocol is to bridge traditional music royalties with the digital economy, creating a secure, transparent, and efficient marketplace for music-related financial assets.
The live Music Protocol price today is $0.020035 USD with a 24-hour trading volume of $554.13 USD. We update our RECORD to USD price in real-time. Music Protocol is up 11.58% in the last 24 hours. The current CoinMarketCap ranking is #5927, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.