|ICO Name||Emanate (PreICO)|
|Start Date||November 12, 2018|
|End Date||March 22, 2019|
Emanate is an audio exchange protocol designed to enable producers, distributors and influencers in the music industry ecosystem to connect via blockchain based smart-contracts. The MN8 token is the cryptographic asset that will be sold in the early stages of the Emanate maturation journey. The tokens should be bought by those who wish to claim a position in the Emanate ecosystem because they believe in a decentralised future for the music industry.
If the Internet were designed today it would look more like a distributed blockchain network than a centralised server based system. Similarly in the music industry today, the road to monetising music can be highly centralised. Neither serves the contemporary 21st century music technology needs or the needs of the audiences.Many problems exist for artists, remixers, DJs and labels; the payment lag for creative works, the contractual complexities associated with collaborations, difficulty licensing small bits of audio and the current music industry financial processes. These, and the legacy structures that exist impede progress and integration with today’s technological advancements.
With Emanate, artists, DJs and music influencers may find a way to share more output with each other and their fans, earning income proportionate to their contribution, whilst increasing their influence and notoriety. Emanate could help listeners and fans discover new music, connecting them to artists in previously unimaginable ways, enabling them to contribute directly to their favourite artist’s success.
We recognise the music ecosystem consists of more than just artists and listeners. Behind the success of many great tracks are samplers and audio pack makers; tastemakers and influencers; labels and promoters. We believe it’s critical that all contributors are rewarded fairly, whilst also providing incentives for audiences and supporters.
|Price||1 MN8 = 0.12 USD||Sale||88,000,000||Payment Mode||ETH, BTC|
|Soft Cap||5,000,000 USD||Hard Cap||12,000,000 USD|
General ICO Warning:
Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.