Since its founding in March 2023, Gala Music has reshaped the music landscape through the GalaChain blockchain, giving artists the power to curate their creations and connect directly with fans.
The platform offers exclusive experiences and merchandise offers. Through blockchain technology, smart contracts, NFTsand fungible tokens, it creates an environment that benefits both content creators and music lovers.
Renowned artists such as Snoop DoggJordin Sparks, and Count Sweatshirt have thrown their weight behind the decentralized music hub, showcasing their tracks and embracing the platform as a means to connect with fans.
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Catalyzing the empowerment of artists and fans
Gala Music converts songs to NFTs on GalaChain, streamlining transactions and reducing costs. Using the native $MUSIC token for transactions and rewards creates a cohesive ecosystem in which smart contracts manage operations.
The ecosystem’s offering is tailored to three different user groups: artists, fans and listeners, and node operators, each offering specific features that meet the needs of music enthusiasts within the platform.
- Artists: Using a tiered rarity system for song sales, Gala Music introduces excitement by gradually releasing music in phases of increasing scarcity, culminating in the prestigious ‘Signature Edition’. In addition, Gala Music increases follower involvement in special events and loyalty programs.
- Listeners and fans: Audiences can enjoy uninterrupted streaming of their favorite songs while earning $MUSIC tokens as rewards. By becoming ‘track owners’ by investing in music and acquiring tracks, they unlock enhanced rights and opportunities to monetize their music investments.
- Node operators: Node operators, also known as ‘Jukebox operators’, are essential to the platform’s infrastructure and host music on the network. They earn a share of the revenue generated by the hosted music. In particular, track owners who also act as Jukebox operators retain 100% of their revenues.
Discover new sounds
To start using Gala Music, potential users can quickly sign up via the Gala Music website. The platform features a user-friendly interface where you can customize profiles and browse eclectic artists and music genres.
Once accessed, users can curate playlists or enjoy streaming, with unique opportunities to delve into exclusive artist events.
So step into the future of music. Gala Music is not only reshaping the way music is produced, shared and enjoyed, but also strengthening bonds within the music community, becoming a cornerstone for the future of music distribution and consumption.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational materials only. Individuals are required to fully research any product before making any form of investment.