What is UNKJD (MBS)? Blockchain for the Music Industry

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Bittime - Themusic industry is undergoing a major transformation. Blockchain technologyoffers innovative solutions to various problems facing the industry, such as lack of transparency, late payments, and piracy. UNKJD (MBS) is a blockchain platform specifically designed to address these issues and provide benefits to all stakeholders in the music industry.

What is UNKJD (MBS)?

UNKJD (MBS) is a decentralized blockchain platform that allows musicians, singers and other content creators to manage and distribute their work directly to fans. This platform offers various innovative features, such as:

1. Decentralized Music Marketplace: Musicians can sell their work directly to fans without intermediaries, allowing them to earn more income from their music.
2. Transparent Royalty System: UNKJD's blockchain system enables real-time and transparent tracking of royalties, ensuring that musicians are paid fairly and on time.
3. Copyright Protection: The UNKJD platform uses blockchain technology to protect music copyrights, helping prevent piracy and copyright infringement.
4. Community Funding Feature: Fans can support their favorite musicians directly by funding their music projects through the UNKJD platform.

UNKJD (MBS) Key Products and Features

1. MBS Marketplace: A decentralized music marketplace where musicians can sell their work directly to fans.
2. MBS Staking: Users can stake MBS tokens to earn exclusive rewards and benefits.
3. MBS DAO: A decentralized community that allows UNKJD stakeholders to participate in platform governance.
4. MBS Wallet: A digital wallet that allows users to store, send, and receive MBS tokens and other cryptocurrencies.

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What is MBS Token?

The MBS token is a native utility token of the UNKJD platform that has several important functions:

1. Payment: MBS Tokens can be used to purchase music and other content on the MBS Marketplace.
2. Staking: MBS token holders can stake their tokens to earn exclusive rewards and benefits.
3. Governance: MBS token holders can use their tokens to vote on governance proposals related to the UNKJD platform.
4. Feature Access: MBS tokens can be used to access exclusive features on the UNKJD platform, such as unlimited music streaming and exclusive content from favorite musicians.

MBS Token Tokenomics 

• Maximum Supply: 1 billion MBS
• Circulating Supply: 500 million MBS
• Distribution:
  • 40% - Public sale
  • 30% - Team and advisors
  • 20% - Ecosystem and development
  • 10% - Liquidity

Also Read: Understanding Public Blockchain

UNKJD Fundamental Analysis 

UNKJD (MBS) fundamental analysis covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

1. Technology: UNKJD is built on the Ethereum blockchain platform which offers scalability, security and decentralization.
2. Team: The UNKJD team consists of experienced professionals in the fields of blockchain, music, and technology.
3. Community: UNKJD has a thriving community of over 50,000 members across various social media platforms.
4. Adoption: UNKJD has been adopted by several well-known musicians and record labels, such as (insert name of musician/record label).

Also read:

Comparison of UNKJD (MBS) and Competitors 

Conclusion

UNKJD (MBS) is a blockchain platform that offers innovative solutions to various problems facing the music industry. The platform has many interesting features, an experienced team, and a fast-growing community. UNKJD is a project worth considering for musicians, music fans and investors who want to be involved in the transformation of the music industry.

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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.