The amazing rise in popularity of cryptocurrency in the past few years has opened up tremendous possibilities of its application. The transparency and immutability of the cryptocurrency makes it an ideal platform for use in various spheres. In the present scenario, the music industry is undergoing landmark changes thanks to the integration of blockchain technology.
The smart contracts based infrastructure along with the micropayments supported by cryptocurrencies such as Ethereum and Bitcoin have changed the way transactions are processed. In contrast to classic payment mediums which feature high transfer costs, cyprtocurrency can usher in a new ‘on demand’ music service enabling users to choose the music of their choice and reward stakeholders instantly with cryptocurrency on playing the music.
Amidst the new music cryptocurrencies that have entered the market, VOXXO exhibits a unique and lucrative earning potential. The music cryptocurrency combines Music Player, Concert Investments and Music licensing for its community of VOXXO token holders. Purchasing VOXXO cryptocurrency not only helps a user to listen to his or her favourite music but also gives an opportunity to crowd fund concerts and gain from the proceeds of the concerts.
VOXXO is an innovative platform for music displaying tremendous potential to musicians, production houses and music fans world over. Purchasing VOXXO tokens which are on sale now is a highly advantageous offer that investors should not miss out on. The tokens are affordable and provide immense profit as the profit is defined by the Amount of user investment/success of crowd funding/ amount of token held. For further details, visit the VOXXO whitepaper here.
VOXXO tokens can be used in many ways. Users can listen to their favourite musicians via VOXXO Mobile App just as they do on apps like Pandora, Spotify and others. The app does not feature monthly subscription. Users need to purchase listening hours as many as they want. While other cryptocurrencies are accepted for the purchase, if VOXXO token is used, there will be extra bonuses.
The app can also be used free without any limitations. The only difference is users have to see ads after listening to two songs. VOXXO provides a great opportunity for users who love watching live concerts or listening to them. They can purchase music albums using VOXXO tokens.
Another unique concept introduced by VOXXO is the sponsor of live concerts. Token holders have the opportunity to organise concerts and events via the Live Concert Events Platform with the help of crowd funding. Token holders can get revenues using this platform. When the concert or event they had crowd-funded is a success, VOXXO will return funds to investors after the events or concerts. It will add revenues defined earlier on the investment. If a user wants a concert from one of his or her bands or musicians in their region or anywhere in the world, they can vote and invest in the concert and also receive revenues. VOXXO tokens provide various other benefits to users and musicians with their unique features. Musicians, for instance, can see huge revenues from their albums and songs without the need for complicated contracts.