StarCoin, the first-ever cryptocurrency to offer a crypto-backed record label to budding musicians, has announced its token and platform launch on Monday, October 18th at 5pm UTC. StarCoin Network has primed itself to be the music industry’s next major disruptor and will be the first-ever token to partner with a record label (BMU).
By submitting song entries through the StarCoin Network Platform, aspiring artists have the opportunity to be signed to a record label deal, have an album recorded in a professional recording studio and subsequently release their project as an exclusive NFT on the StarCoin Network Platform.
Song submissions will be open for two weeks onwards from the October 18th launch,followed by a four-week voting period by the STAR community. Star holders use this time to vote on artists they feel deserve a record label contract using their STAR tokens, and at the end of the voting period the top 50 tracks will be listened to by the record label (BMU), and a winner chosen.
What StarCoin aspires to do is ground-breaking in nature, and is poised to break down the countless barriers up-and-coming musicians are faced with when navigating the notoriously closed off music industry. The trail-blazing project isn’t stopping there, and has announced a slew of additional features releasing on the StarCoin Network platform over the next month. One of such is an NFT Marketplace for artists to easily mint and sell their own NFTs. Another feature of the StarCoin Platform is “Star Pass”, a unique NFT given to holders who stake their tokens.
This desirable NFT comes with many perks, granting members extra benefits such as: -Priority access to exclusive NFT drops.
-VIP Meet & Greets at concerts.
-Free Merchandise
-Access to StarCoin events (artist signings, concerts, parties).
All in all, given the immense hype and publicity that this project will generate, StarCoin is certainly one to keep an eye on. There is huge viral potential here, especially when mainstream media catches wind of this life-changing, crypto-backed record deal, alongside the prominent celebrity and record label backing the StarCoin Platform has secured. StarCoin, the first ever cryptocurrency to offer a crypto-backed record label to budding musicians, has announced its token and platform launch on Monday, October 18th at 5pm UTC.
To find out more about this novel cryptocurrency project, follow these links:
⭐Site: starcoin.network
⭐Twitter: https://twitter.com/StarCoinNetwork
⭐Telegram: https://t.me/StarCoinNetwork
⭐Medium: https://medium.com/@StarCoinNetwork
⭐Instagram: https://instagram.com/starcoinnetwork
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