This article is Sponsored Content written by a third-party for Klangaverse
If there’s anything Cardano (ADA) and Klangaverse (KLG) share in common, it is simply how they stimulate the next generation economy and DeFi solution through their enabling utilities.
The former catalyzes the creation of new projects and groundbreaking ideas. The latter is a bold project that democratizes the media’s content and intellectual property ownership. For such projects, there’s a lot in store for you, the fan, buyer, investor, and the cryptocurrency market at large.
Let’s dive in!
Cardano (ADA): The Future Of Blockchain Technology
Cardano (ADA) is a leading cryptocurrency with a market cap of over $17 billion and a current price tag of $0.4974, and according to CoinMarketCap, at the time of writing, it is up by 1.48% in the last 24 hours. The network is the next-gen evolution of blockchain protocols that is super flexible, scalable, and sustainable to run smart contracts and stimulate the creation of DApps, p2E, NFTs, and new tokens.
The platform is open-source software for inventors and designers, which is why the management is constantly driven to make it a more secure, scalable, and super-efficient decentralized system. ADA tokens are generally limited to 45 billion tokens. They’re a veritable source of passive income if you’d like to hedge the current inflation and enjoy its cryptocurrency price uptrends.
ADA was launched in 2017 after a public sale of 25.9 billion ADA tokens, starting in September 2015. 5.2 billion tokens also were issued and shared among the three separate entities that market and develop the Cardano protocol, namely Input Output Global (IOG) issued 2.46 billion tokens, Emurgo, 2.06, and the foundation 648 million.
Why Klangaverse (KLG)? A Brief Background
Though the music may be a lucrative industry, the reality for many musicians is that the pursuit of their dream of getting signed by record labels results in a lifetime of being exploited for their art. Record labels often treat musicians as independent contractors rather than employees and do not pay them a fair wage.
Recording artists typically agree to sell their copyrights to the record label in exchange for a percentage of the profits from their records. In most cases, advances are meager, and the value must be paid back in full. This situation frustrates the efforts of artists and discourages the originality and independence needed to inspire creativity.
So how does Klangaverse (KLG) come in?
Klangaverse (KLG): Blockchain and The Arts Become One
Klangaverse (KLG) is a decentralized music-sharing platform hosted on the Binance Smart Chain protocol to deliver fair compensation for artists, a transparent and reliable payment system, and quality music content for its community. With its crypto token called $KLG for the payment and management of artists and fans, this platform will drive a reality where artists get to play the principal role in how revenues raised from their minted songs can be split based on different songs minted on the Klangaverse (KLG) ecosystem.
There will be royalties for the artist on their music NFTs. All music streamed will generate 20% royalties which will be redistributed back to all NFT holders. The ecosystem offers many rewards for artists, as every transaction in the minting of artist songs using SKLG token, artists get rewarded instantly on every purchase.
Klangaverse (KLG) features different spaces, from Built for Fans, Built for Artists, Built for Everyone, and NFT to K-ONNECT for different levels of fun and rewarding experiences. You’ll also find the Klangaspel gaming platform that offers a medley of adventure, music, and excitement!
To enter, just purchase your instruments and your lessons.
Pick across a wide range of choices;
- Kender Stratos Guitars (Fender Stratocaster)
- Kibson Guitars (Gibson)
- Kordoba Classical Guitars (Cordoba)
- Karshall Amplifier (Marshall)
- Kamaha Pianos (Yamaha)
- Kradivarius Violins (Stradivarius)
- Kama Drums (Tama)
- Microphones and many more.
You can make in-app purchases and upgrade your instrument room too. Simply use $KLG to buy what you need to make it to the top. The app features everything from autographed guitars signed by your favorite artist to accessories to rock with style, top hats, and face-painted stars – everything you ever wanted!
You can start with music lessons and advance through Beginner, Intermediate, Advanced, Star, and Superstar levels! You can advance through the stages and get other people to purchase tickets to your shows, festivals, and events.
More Value
Investors that purchase Klangaverse (KLG) with Bitcoin (BTC) get an extra 16% of whatever amount they invest.
Get ready for the next big thing in the cryptocurrency market! Considering the large demographic of its use cases, Klangaverse (KLG) presale will surely go on a high cryptocurrency price uptrend. Anticipate more updates from the team.
