Music is undoubtedly the best way to reach people. Life would be boring if we do not listen to songs. However, artists and singers have always been at war with distribution platforms and streaming apps. Musicians and performers face a lot of issues like copyright infringement, low revenue, and piracy. One platform is aiming to change all that by using blockchain technology. It is none other than Zeptagram. It functions as a trading platform where music composers will tokenize their assets (recordings and songs). The funds generated will be equally distributed amongst the token holders. Zeptagram is based in Sweden.
Hence, entrepreneurs can modernize the music production and distribution industry by establishing a Zeptagram clone in collaboration with AppDupe.
What is the meaning of Music Tokens (MTOs)?
The music composers will tokenize their copyrights and intellectual property in the form of Music Tokens (MTOs).
Users can purchase these digital assets from the Telos blockchain network.
Music lovers can also trade lucrative tokens with other investors on the Zeptagram clone.
How do musicians and singers benefit from the Zeptagram clone?
Small-scale music composers can raise a huge amount of funds by selling digital tokens. They can choose either Crowdfunding campaigns or Crowd sales. Further, artists and musicians will earn a royalty amount every quarter.
The total royalty will depend on the capital raised by music composers from the fundraising campaign. It will also rely on the demand from investors for purchasing that specific album or track.
How does the Telos blockchain network power the Zeptagram clone?
Our development team uses the Web 3.0 based Telos blockchain network for building the Zeptagram clone. It offers numerous advantages such as adequate scalability, real-time sharing of data related to trading volume and wallet balance, and speedy processing of transactions (10000 per second).
The Unique Selling Point (USP) of the Telos blockchain network is its energy efficiency. Importantly, the Ethereum platform consumes huge amounts of computational power by using graphic processing units (GPU). On the other hand, the Telos blockchain consumes low energy leading to a decrease in carbon footprint.
Further, it functions based on two governance principles. Telos blockchain follows an Environmental Social Governance (ESG) for encouraging huge adoption and Evolutionary Governance (EG) for providing decision-making powers and voting rights.
The Telos blockchain network is highly versatile. It can seamlessly integrate with Decentralized Finance (DeFi) tokens, Non-Fungible Tokens (NFTs), and smart contracts. Telos runs primarily on two types of smart contracts, Binance Smart Chain (BSC) and Ethereum (ETH).
What are the impressive features of the Zeptagram clone?
Easy creation of NFTs – Music composers who possess Intellectual Property (IP) can develop valuable Non-Fungible Tokens (NFTs). They can sell the crypto-collectibles to prospective investors. They will earn high returns if their album or track performs well in the market.
ISWC code – All the artists will be given an International Standard Music Work (ISWC) code. There are 3 parts in the code. The music code contains a prefix number, a work identifier, and a check digit. Both music composers and singers need to share information like their names and the title of their works.
My Music section – Artists can directly upload their songs into the “My Music” section. They can split it into different genres such as classical, disco, electronic dance music (EDM), folk, heavy metal, hip-hop, jazz, pop, and rock. Musicians can add a featured image, name for their track, royalty statement, a short description, token name, track duration, and year of release.
Become the number one music seller by obtaining a Zeptagram clone
My Crowdsale panel – The musicians can choose any song and list it for sale in the market. This is done after verification of their Non-Fungible Token (NFT). Now, music composers will choose the price of their song and royalty (in percentage). Further, they should enter details of their start date and end date of the crowdfunding campaign and target investment.
Currently, the Zeptagram blockchain-based trading platform has fixed the minimum contribution by buyers at $10 per hour. However, entrepreneurs like you can modify this rate according to the interests of artists.
Further, the Zeptagram platform offers royalty for 1 to 70 years to artists, composers, and lyricists whenever buyers have resold their music. The crowd sale campaign is officially launched in the market after the original creator presses the “Deploy” option.
Add a Song option – Music composers and performers can tap the “Add a Song” button to include a new album or a track. They will get digital ownership of their unique song. Artists should press the Songshare option to list it for sale in the market.
Provision of 24×7 technical assistance – Both artists and music listeners can reach out to the dedicated Help Centre via email, live chat, and phone. They can resolve issues related to copyright protection, minting of NFTs, payment processing, security, and the transfer of ownership.
Quick KYC verification – All music composers and singers have to undergo Know Your Customer (KYC) verification. They must submit documents like their government-issued ID card, valid driving license, and passport. Artists will get a unique digital ID after they are successfully onboarded. The KYC process is done to ensure safety and transparency.
Social media login option – Existing artists and users can sign in to the Zeptagram clone with ease. They can sync their Apple, Facebook, Google, Instagram, and Twitter accounts. Members can safeguard their profile on the Zeptagram clone app through two-factor authentication.
What is the cost of creating the Zeptagram clone app?
There is no exact budget for developing the Zeptagram clone. It depends on the choice of features and functionalities, hourly salaries paid to the front-end and back-end developers, level of customization, multi-platform compatibility, the type of tech stack, and the time allocated.
Further, we provide numerous post-deployment services. Entrepreneurs like you can avail of Anti-Money Laundering (AML) verification, API integration, blockchain layer 2 upgradation, digital marketing, maintenance of the trading platform, regulatory compliance, software updates, and technical support.
However, Zeptagram aims to prevent all that by transferring powers from music production companies to artists and singers. It also offers incentives such as prizes, sweepstakes, and rewards for participating in contests and surveys.
It is also selling high-value Non-Fungible Tokens (NFTs) through the Wax Web platform. Investors have to place bids for buying music before the end of the auction. The price of music is listed in the form of WAX (ERC-20 governance tokens). Zeptagram’s NFT marketplace, which is in the Beta stage also shares real-time information about hot bids, new collections, and top sellers,
Hence, make a storm in the global music production and distribution industry by getting hold of our Zeptagram clone now.
Build a Zeptagram clone and monetize your music selling business
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