MusicFi Liquidity Launch

November 10 update – liquidity will launch on Nov. 11 at 2pm UTC.

November 9 update – the new presale concludes on November 10 at 2pm UTC, but the team has not yet announced when this liquidity launch will take place.

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. Liquidity launch will not happen on November 5 as planned.

New token launch for a music streaming platform on BSC.

DETAILS

Launch details
- Token will launch on Pancakeswap
- Token pair: MF/WBNB
- Presale and listing prices will be determined at the end of the presale
  - Presale will be held on Pinksale and will last for 3 days (soft cap: 50 BNB)
- 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