Pratiwi Kusumaningtyas: TREX TOKEN - Music Distribution Via Blockchain Technology

Music is something that is not separated in everyday life. because music can give a suggestion that the work feels light.
Streaming services have saved the music business and has become the most used instrument in the modern music environment, generating increases in the main markets and thus unlocking the enormous potential in terms of reaching the public.
Global recorded music revenues reached $17.4 billion in 2017, up from $16 billion in 2016 — an annual growth rate of 8 percent. Streaming revenues in particular have contributed to this growth, and were up 39 percent year-over-year to reach $7.4 billion, or 43 percent of all revenues (Sarah Perez, Techcrunch, 2018).
Trex token is a new platform, that will be built using the Ethereum blockchain
The focus of the developers is one near to their heart. It is a project dedicated to musicians and attempts to solve a major problem for emerging artists. Through Trex Token, musicians will have the opportunity of producing their own songs and listeners
will enjoy and hear new content from any device they own Trex Token will provide the user with the possibility of using the platform in a number of ways from, free streaming, to requests for donations, payments and the insertion of advertising
sponsors.

When an artist creates a new single or musical album, he must invest his time to create that piece from an original idea through to the product.
They finance it with their own money, contact a record label in the hope that they are interested in the song, investing and publishing it to get the most sales. This all takes many months before outcomes can be achieved.
Often however, this does not happen, as the artist does not have the necessary funds to create a music video, because he does not have the right contacts, and because the record label (given the huge amount of songs they receive) rarely invests their time and effort into the song. An artist can often find they have spent substancial time and funds without gains or revenue.

Music distribution via blockchain technology

Token Informations
The Trex Token’s Token (symbol: TXT) will be used as currency within our platform, and will therefore be used for donations, purchases. Using the Ethereum blockchain our community will be able to receive payments safely and quickly, thus eliminating the annoying problems and slowness of the fiat currencies.

Smart Contract:
0x4b44f450bc3bFB60DC1a0690cBA028e1193CaE4f
Symbol:
TXT
Decimalol:
8
Max supply:
10,000,000,000
Accepted payment:
ETH
Token Link:
etherscan: https://etherscan.io/address/0x4b44f450bc3bFB60DC1a0690cBA028e1193CaE4f

Token Distribution