Zeptagram is a fast-growing trading platform based on Telos where music IP-rights (Intellectual Property Rights) owners can conveniently tokenize their assets. It was born in Sweden and was initially launched in 2014 as an online auction medium for trading music rights to a few songs.
However, upon learning about blockchain technology, founders Christina Löwenström (CEO) and Johan Forsman Löwenström (Chairman) relaunched the platform where music rights are sold and traded via smart contracts based on non-fungible tokens and blockchain.
In 2021, the company added an NFT minting platform for creating digital merchandise.
The dApp lists ‘Zeptagram Crowdsales’ and ‘Zeptagram Exchange’ as its key features. The former helps artists to tokenize their music rights, plus enables them to share the music tokens’ ownership with the community of followers in return for financial incentives. The latter makes it possible for the users to invest in tokenized music rights while also allowing the community to trade Zeptacoins (ZPTC), the platform’s native token, in other markets.
Zeptagram revolutionizes the music industry by facilitating an environment that brings artists and music lovers closer together through its key features, protecting the musicians’ and producers’ copyrights – giving freedom to passionate artists to set their goals, easily monetize their songs and decide the size of their royalties while having an upfront payment and a more transparent royalty tracking payment system.
In the music industry, putting out a song, more so an album requires costly processes – including record labels and intermediaries that collect high fees, leaving so little to the artist.
With Zeptagram’s technology, it is possible to eliminate the need for many of these high-cost agents, giving artists full rewards for their hard work and dedication. Also, every song on the blockchain is safe from false copyright claims; as no one can change the data in the ecosystem, a song will always retain the rightful data – the date, time, and its bona fide owner.
Furthermore, the team upholds its credibility and reliability, having over 50 years of experience in the fintech and music industry.
Zeptagram X Bitmart
Trading went live on BitMart Exchange last October 16 for it's native token Zeptacoin ($ZPTC)!
See it here.
Zeptagram X Bittrex Global
https://twitter.com/BittrexGlobal/status/1453754853222723587?s=20
- BittrexGlobal
“From passion to trade,” as the platform expresses, @zeptagram is off to an excellent start as the blockchain power tool for the music industry!
Sources:
zeptagram.com
Zeptagram Twitter
Start-ups’ Standpoint, TechMutiny Issue No. 19, September 2021