Mozik Fundamental Analysis

Every human is an artist who creates something new and knows the value of his/her work. However, we often observe that the artists are mostly not paid for their work correctly, primarily in the music industry. The research concludes that the singers and creators of music collect only 10% – 15% of the income. Online content depends on the internet only, where we don’t have any privacy or copyright laws. But with the passage of time and knowing the internet is becoming a vital part of our life, new methods are introduced by which we can prevent the illegal cringing of our data, Mozik is one of them.

You listen to music through mediums like YouTube or SoundCloud etc. Do you ever think about the person whose work is stolen? No! As a listener, You never think anything wrong about pirated work. As a result, the artist gets affected most of the time, and they have to engage with the middle party negotiator, which deals with all this online content but fails because they have to pay them a lot of share in return. As a human, you can never work efficiently until you get paid for what you deserve in return for your work. Gradually your work efficiency declines when you don’t receive your desired result. We can save one of the fastest-growing industries by using the blockchain technique. Mozik is creating one of the world’s biggest NFT platforms for music using the blockchain by which you can not only upload your music but also track its playing platform, so you get your work’s royalty on time.

What is Mozik?

It is a company that provides a platform for singers where they can use the NFTs (Non-Fungible Tokens) to make their work digitally unique and afterward putting it on blockchain where it cannot be altered. Mozik is the world’s biggest NFT platform for musicians and singers where they allow the use of their music or the rights of their music with their own choice. Mozik supports the IP-Transaction method, which is worldwide famous. It is one of the most important ideas by which we can save the copyrights of our digital work by giving them a unique digital identity. With the help of this technique, musicians don’t have to rely on a third party; only they have the rights to their music.

As a fast-growing world’s biggest music NFT platform, they help the creator of music to have all rights to their work and get the desired result of their art. It will encourage the musicians to give us more unique songs in the upcoming years and will save them from the hassle they face while working with any third party. The music industry is now growing as a billion-dollar industry with a growth rate of 10% every passing year.

What does Mozik offer?

• Copyrights and Security

After creating NFTs, music is released as an asset of the blockchain, which no one can change. Therefore, Mozik not only provides copyright to its user but also facilitates authorization of its music. You can also exchange your data. Any music creator can permanently transfer his assets to anyone with his own will and collect the desired amount safely through its wallet feature.

• Traffic monetization.

Mozik helps you save your music from privacy and enables you to check which platform is using your music so you can get your royalty on time. They also accommodate different users by using a particular monetization method through which they establish the connection between the platform and the music creator.

• Win-Win situation.

Mozik works on a criterion that benefits all its users, whether they are creators, listeners, or music publishing platforms. Mozik combines all of them on a single platform by giving everyone a win-win situation.

• Communication

On this platform, music fans can communicate with the creators of music whether they are online or offline, and in both cases, they contribute to traffic value which is shared among every user through blockchain.

• Independent creators

Mozik as a company promotes independent creators as they can upload their music and have a unique identity against their data by which their content will remain safe as well as they don’t need to hassle with any 3rd party to launch their songs.

• NFTs/ Blockchain.

Mozik is revolutionizing the music industry by using NFTs (Non-Fungible Tokens) and creating IP transactions. Using this method, user data becomes digitally unique and cannot be claimed by anyone, and no one can use that music of yours without your permission. Furthermore, after creating NFTs, they upload the music file on the blockchain, where it can never be altered in any way.

Future of blockchain in the music industry.

Blockchain is one of the top inventions in the digital world because its digital ledger distribution method makes it impossible to duplicate the data on a network. Blockchain can best protect the music industry because it solves the biggest problem of this industry by protecting the work of original creators. No one can use the music of the creator without his will. The music creator can track who is using its music, and only those are allowed by whom the creator is satisfied. Mozik will become the most prominent platform which is introducing NFTs blockchain method in the music industry. It uses blockchain and ensures the safety of music against piracy.

Conclusion

Mozik is a firm that believes in equality and fair play in the music industry. New creators mostly got frustrated due to piracy. Mozik provides security for your music and ensures royalty management as well through their wallet services. It is one of the most significant and growing NFTs blockchain music platforms that enhances a new way to look at the music industry and provides neutral services to everyone from creator to listener. Its traffic monetization method shares the data with users and allows creators and listeners to communicate.

Further, its mining grading method automatically grades the music and motivates the musicians to create better music in the future. Their primary focus is on encouraging more music creators to bring their extraordinary work and feel safe about their content. The growth of our music industry depends upon the new music creators. That is why they are helping the musicians to feel safe about their work to encourage more people to join the music industry.