Introducing Gala: The Musical Token

Introduction to Gala Music:

Gala Music (MUSIC) is a revolutionary decentralized music platform that leverages blockchain technology to empower artists and provide fans with a more engaging and rewarding experience. Designed for artists who crave control, transparency, and better monetization, Gala Music also offers listeners a unique opportunity to connect directly with their favorite musicians and enjoy exclusive access to events, merchandise, and more.

Engagement and Rewards:

Fans who engage with the MUSIC platform by listening, sharing, and supporting artists’ current and upcoming music releases are rewarded with exclusive perks and incentives. This includes the ability to earn MUSIC tokens, the platform’s official digital currency.

Listener Experience:

Gala Music is free for listeners, providing them with the opportunity to earn and win a variety of rewards. By simply streaming music, account holders can receive perks such as tracks, concert passes, branded merchandise, artist access (including meet and greets, video messages, and VIP tickets), memorabilia, and other entertainment-related collectibles and experiences.

Gala Music Network: With over 20,000 Jukebox Nodes, Gala Music is one of the largest Decentralized Physical Infrastructure Networks (DePIN) in the world. These nodes play a crucial role in hosting music on the platform, enabling a seamless streaming experience for all users.

The Power of $MUSIC:

$MUSIC is the official digital token within the Gala Music ecosystem, empowering both fans and artists. Those who purchase music tracks or operate Gala Music Jukeboxes can earn $MUSIC tokens, further enhancing their engagement with the platform.

Test Phase Success:

During its test phase, Gala Music achieved impressive milestones, attracting more than 88 artists, generating 6.8 million streams, and building a community of 162,000 account holders. The platform also saw 94,000 test token holders, 13,000+ track owners, and over 11,000 active Gala Music Jukebox Operators.

Key Features of Gala Music:

Player Node Operator: Operators must maintain active nodes for 20 hours daily, capable of hosting up to 10 tracks. These tracks can belong to the operator or community members who opt for hosting.

Track Owners: Individuals can earn $MUSIC by purchasing tracks and hosting them on a node, allowing others to enjoy the music. The availability of tracks per song is determined by the artist’s tier.

Artists: Gala Music attracts both established and emerging artists, offering them a platform to monetize their work, engage with fans, and gain insights into their audience. Artists are categorized into tiers (Bronze to Diamond) based on their success and reach, earning from initial track sales, secondary market sales, All Access purchases, and increased engagement within the ecosystem.

Fans: Fans can listen to their favorite artists for free while earning $MUSIC tokens, which can be redeemed for merchandise and exclusive content.

Listeners: The MUSIC app, STGE, and its optimized mobile site allow casual listeners to stream music for free without ads, benefiting artists and track owners through increased plays.

Current Events:

$MUSIC is now listed on the Bitget exchange, where a PoolX event is underway. Users can stake ETH to mine $MUSIC, providing yet another way for fans and investors to engage with the Gala Music ecosystem.