About Music Protocol RECORD

Music Protocol is a modular Layer 1 blockchain designed by and for the music industry. Music Protocol transforms static music intellectual property into flexible, programmable assets. This approach generates profit and fractionalized income and licensing across the digital landscape, creating significant financial returns. By leveraging blockchain technology, we facilitate direct connections between artists and consumers, opening new avenues for fan engagement (gaming and metaverse), innovation (AI), and financial growth (RWAs). The music industry’s core asset, intellectual property, is valued at over $700 billion. - Total gross revenues in the music industry were around $70 billion in 2021, expected to rise to $153 billion by 2030. - Global recorded music revenues grew 9% to $26.2 billion in 2022. - Streaming revenues accounted for 67% of total revenues in 2021, growing by 11.5% to $17.5 billion. - New technologies like blockchain and AI have the potential to positively disrupt the industry, benefiting labels, artists, distributors, startups, and investors.

Music Protocol (RECORD) Price Data

Music Protocol (RECORD) price has decreased today.

Music Protocol price today is $0.008273 with a 24-hours trading volume up by -- %. RECORD price is down in the last 24 hours. It has a circulating supply is 1.00B RECORD coins and a total supply of 1.00B.