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What is Music Protocol (RECORD)?

Music Protocol introduces its Level 1 blockchain, a secure and scalable settlement layer designed for high-volume transactions. This sovereign blockchain grants Music Protocol full control, enabling customization and efficient music rights and royalty transfers. The protocol transforms major label music royalties into real-world digital assets (RWAs) on the blockchain, tapping into a $500 billion market. It facilitates catalogue digitization and automated royalty distribution. A decentralized protocol fosters new licensing standards and connects to real-world applications, adapting to evolving digital IP management. The $RECORD token incentivizes adoption, rewards users, and manages network economics, with FINMA approval ensuring regulatory compliance.

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