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Home All Events MusicFi Fair Launch Presale

Date

Nov 07 2022
Expired!

TimeUTC

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Nov 07 2022
  • Time: 9:00 am

Status

Active

MusicFi Fair Launch Presale

November 6 update – a new Pinksale is up, beginning November 7.

November 2 update – the presale met the softcap, but the team cancelled it as they are waiting on Google Play to approve their app.

New token sale for a music streaming platform on BSC.

DETAILS
  • Presale details
    • Presale will be held on Pinksale and will last for 3 days
    • This is a fair launch presale; no hard cap
    • Soft cap: 50 BNB
    • Presale and listing prices will be determined at the end of the presale
    • Initial marketcap will be determined at the end of the presale
    • 60% of the presale funds will be added to liquidity
      • ❌ No information on how the remaining presale funds are allocated
    • No vesting – 100% of presale tokens unlocked at launch
  • Tokenomics
    • MF is the native token
      • Used to pay for membership programs
      • Used to purchase music & share albums
      • Used to buy NFTs
    • Total supply: 100,000,000 MF
      • 32% – Ecosystem (100% unlocks on 2023/02/04 – lock info)
      • 29.850746% – Presale
      • 17.552239% – Liquidity (will be locked on Pinksale 365 days after pool ends)
      • 10% – NFT development (100% unlocks on 2023/04/04 – lock info)
      • 10% – CEX listing (100% unlocks on 2023/01/04 – lock info)
      • 0.597015% – Unlocked
  • 1% buy & sell tax
    • All to rewards & ecosystem development
  • Features
    • MusicFi app
      • Users can upload or listen to songs and receive MF tokens
      • Users can share their music with in built communities
      • There are 2 modes on the MusicFi app; consumption mode & income mode
      • With the consumption mode, users have access to:
        • Membership resubscription
        • Add MF tokens to their wallets, recharge themselves to listen & pay for copyrighted music
        • Rewards and gifts
        • Gift MF tokens to their favorite musicians
        • Pay for attending personal audio live rooms and reward many gifts using MF tokens
        • Membership functions like: receiving NFT rewards, dynamic emoticons & avatars, no limit for music and media streaming or download & number of contacts one can add, create stickers and music backgrounds in the social circle app & pay for copyright music every month
        • Pay for membership fees & receive mystery boxes
        • Create NFTs
        • Use MF tokens for all transactions in the NFT market
        • Independent copyright music purchase
        • Support independent artists by purchasing music with copyright inside MusicFi
      • With the income mode, users have access to:
        • Get paid to buy copyrighted music
        • Paid Membership
        • Exclusive membership to get into musician’s world
        • Sell their NFT creations & earn MF tokens as income
        • Collect rewards in the live broadcast rooms & virtual concerts
    • There’s a Social Circle app used to:
      • Meet New Friends of similar music taste
      • Share one’s daily musical listening activity with friends and community
      • Show one’s favorite music recordings
      • Recommend similar songs with AI
      • Recommend music based on community
      • Increase social awareness and welfares
  • NFTs, NFT marketplace, MusicFi & Social Circle apps are expected to launch mid-November

Blockchain

BSC

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