Zeptagram is a technology firm that uses artificial intelligence to create new digital music marketplaces. They work closely with artists and content creators all over the world and strive to offer the most lucrative platform for investment and trading of music rights. On August 22nd, Zeptagram launched their Zeptacoin token sale.
What makes Zeptagram unique?
The Zeptagram NFT marketplace enables content producers and owners to mint one-of-a-kind non-fungible tokens and sell them on the market. The marketplace has several elements that allow users to express their creativity and innovation.
The Zeptagram Music Token Offering solution enables artists and content creators to create a special type of NFT of their music rights (known as Music Tokens or MTO Tokens), despite the fact that they are essentially a representation or a unit of account within the platform and concern each individual song&39s music rights for the purposes of selling or trading. In this way, users can trade, sell or share some or all of their music rights which includes ownership rights and royalties.
The Zeptagram MusiXchange Platform enables the community to exchange and distribute MTO tokens generated by the Zeptagram music token sale, therefore supporting their favourite musicians and content producers.
Zeptagram solutions are designed to create a completely new and innovative trading market for music in which users and content producers can be exempt from the numerous problems and inefficiencies often associated with the more traditional music market. Additionally, users will be able to do all this while simultaneously participating in what they enjoy and are familiar with.
Zeptagram&39s aim is to hence create a completely decentralized marketplace for Music Rights, therefore increasing value for content creators.
Zeptagram will have two types of tokens, ZeptaCoin, Zeptagram&39s main utility token, and Music Token Offerings, limited edition NFTs for each piece of music on the platform. The Zeptacoin is the base level currency across the entire platform for several various functions, and the following are its primary features:
- Zeptacoins (ZPTC) is used for platform trading
- NFTs/MTOs may be interacted with by using Zeptacoins (ZPTC)
- Successful trade fees can be settled inside the platform using ZPTC (automatically charged during trading).
- Payments to Music IP rights holders are paid out in ZeptaCoins by default.
- ZeptaCoins shall be listed on secondary markets such as cryptocurrency exchanges.
Music Token Offerings (MTO)
- Music Tokens (MTO) are limited edition, one-of-a-kind tokens. Each MTO offering that is listed on the platform would have its own unique Music Token. This is defined as the Zeptagram&39s internal distributed non-fungible tokens. These NFTs have certain characteristics which are listed below:
- An MTO token contains information about a piece of music or a song, such as the title, duration, cover art, author, and so forth.
- An MTO token is actually a digital representation of music rights that can be purchased through a Music token offering.
- MTO Tokens can only be traded within Zeptagram, specifically through the platform&39s MusiXchange element.
- MTO tokens shall represent a buyer&39s share of music rights, with rewards distributed quarterly.
Distribution & ICO Details
The public ICO is scheduled to take place in September, with the listing expected to take place at the end of August or September. Furthermore, the Zeptacoin ICO private sale had already begun on August 22nd, 2021. Zeptacoin will be listed on BitMart on October 15th, 2021.
Moreover, ZeptaCoins are only available for pre-sale to unique whitelisted buyers.
For the token distribution, here's how it works:
- 10% for the Seed Round - (5,000,000)
- 2% for the Strategic Round - (1,000,000)
- 6% for the Private Round - (3,000,000)
- 0.8% for the Public Round - (400,000)
- 18.4% for Team and Advisors - (9,200,000)
- 5% for Partners - (2,500,000)
- 5% for the Community Development Fund &ndash (2,500,000)
- 30% in Liquidity Development - (15,000,000)
- 15% for the Staking Rewards &ndash (7,500,000)
- 7.8% for the Reserve - (3,900,000)