Decentralized Music Chain (DMC) has announced its readiness to list the DMCC token on the MEXC crypto exchange on September 9. This step is part of the plan to implement the token on leading platforms.
About the DMCC Token
DMCC is a utility token that plays a key role in the functioning of the Decentralized Music Chain. It is designed to simplify the music creation process and enhance transparency in settlements for musicians and authors.
Platforms for Musicians
With the DMCC token, users can access platforms such as DAIM, D-Factory, DeXus, and DiscoverFeed, covering the entire music creation and monetization process. For example, the token can be used to trigger AI tools that aid in creating and licensing musical works.
Challenges in the Music Industry
Despite successes, many artists, including big names, face exploitation. An example is Taylor Swift, who fought long to regain her master recordings due to an unfavorable contract lost in childhood. DMC aims to address these issues by offering a fairer revenue model in the music industry.
The launch of DMCC on the MEXC exchange opens new horizons for musicians and creators in the field of decentralized music. DMC hopes for positive changes in the industry and improvement in interactions between creators and consumers.