Moozicore has decided to walk on a path less traveled and venture into the Media and Entertainment industry specifically in the field of background music. The firm promises to change the dynamics of the businesses which require background music and make it into an interactive customer sourced playlist. Unlike music streaming applications like Spotify or Tidal which are consumer-based and cannot be used for businesses like hotels, restaurants, bars and nightclubs. Moozicore, on the other hand, has been specifically developed to cater to these businesses and is fully licensed and legal for businesses of all kinds.
The background music is an essential part of more than 1 million operating venues in the United States as NRA 2019 Restaurant Industry Factbook shows. These businesses can really benefit from this kind of licensed service since customers tend to come back to a place where the music playlist is praiseworthy.
How Does Moozicore Services Function?
Moozicore comes with business as well as consumer applications whose beta version is currently available for download on both iOS and Android devices. The application can be used by the consumers at their favorite night club or bar where the app can be used by the consumers for a number of services. The mobile application provides the user with a power to vote for their choice of music, add new songs, request new songs as well as share it with the community.
The app also comes fully integrated with TV screens so that users can see the playlist and know which song is coming next
Users can also import their Spotify playlist directly onto the Moozicore application, thus making it extremely easy for the consumers to divulge in their choice of music at home as well as at their favorite restaurant or night club.
Moozicore boasts of the largest collection of licensed commercial music comprising of millions of songs. The firm also promises to update its massive music library with the latest hit on a daily basis. As per the revenue aspect of the business, the firm promises to pay 20% of every vote made by the consumers on the Moozicore app to the business place where the services will be used by the customers.
Moozicore services also comes with its own native token called MZG which would function quite similar to the ongoing increased trend of tokenization, where customers can utilize the MZG token for making payments within the application. The firm has also announced quite an interesting "Token Burn Program" where it promises to officially committing to buying back and burning MZG tokens on an ongoing basis.
The Multi-purpose Moozicore Gold (MZG) Token and IEO Launch
Tokenization is the future and even traditional markets are moving towards it, thus Moozicore being blockchain-backed service have also launched their native token MZG. MZG is an ERC-20 based utility token, which will act as fuel for the Moozicore ecosystem. The MZG token can be utilized by the customers for making in-app purchases as well as trading on different exchanges.
The first Initial Exchange Offering (IEO) is underway and offers 345 million of these MZG token are up for sale to the public. The pre-ICO sale for the token is already sold out while the IEO is underway. The IEO will continue from July 5th, 2019 to July 31, 2019.
Out of the total market supply cap of 1000 million tokens, 50% of these will be available to the public for buying via their IEO and Public Sale programs. Below are the details of the different round of IEO and their token fragmentation.
First Round:
●Start: July 5, 2019 at 10:00 AM CEST
●End: July 11, 2019 at 23:59 PM CEST
●Token price: $0,0185
●Tokens for sale: 40,000,000 (CoinBene), 26,000,000 (LATOKEN), 21,000,000 (Sistemkoin), 4,000,000 (ExMarkets)
Second Round:
●Start: July 12, 2019 at 10:00 AM CEST
●End: July 18, 2019 at 23:59 PM CEST
●Token price: $0,0222
●Tokens for sale: 40,000,000 (CoinBene), 26,000,000 (LATOKEN), 21,000,000 (Sistemkoin), 4,000,000 (ExMarkets)
Third Round:
●Start: July 19, 2019, at 10:00 AM CEST
●End: July 31, 2019, at 23:59 PM CEST
●Token price: $0,0241
●Tokens for sale: 70,000,000 (CoinBene), 48,000,000 (LATOKEN), 38,000,000 (Sistemkoin), 7,000,000 (ExMarkets)
Users who have bought the token from the IEO sale can see the coin listed on the mentioned exchanges starting August 1st. The trading launch on all exchanges CoinBene, LATOKEN, SistemKoin, and ExMarkets is scheduled for 1st of August. Customers can start depositing their funds from August 15th while the withdrawals options are available from August 1st itself.