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The First Community-Driven Web3 Music Label with Meme-Culture: Beats of Meow Prepares for Launch
In a groundbreaking move, Beats of Meow (BeMeow) is poised to revolutionize the music industry by introducing the first community-driven web3 music label embracing meme-culture. This innovative approach aims to create a unique ecosystem where blockchain technology and artificial intelligence converge with music and memes.
By leveraging memecoins instead of non-fungible tokens (NFTs), BeMeow is pioneering an unconventional tokenization strategy that enables songs to have their own dedicated trading charts. This bold move allows the company to generate revenue streams by applying trading fees to the tokens, which will then support independent artists and empower them to make a living from their music releases.
Beats of Meow’s ambitious plan also includes reinvesting a portion of the generated trading fees into an organic ecosystem. The company plans to organize club events and music festivals, produce unique vinyl records with digital ownership features, and create “vinyl NFTs” that can generate passive income streams for collectors by sharing a portion of the royalties and trading fees.
At the heart of BeMeow’s operations lies its community-driven approach. The company encourages promotional engagement with token rewards allocated through a points-based system, fostering an environment where creators and supporters can collaborate and benefit from collected royalties.
The platform will also incorporate generative AI tools within its Telegram group, allowing users to create and submit music without requiring professional musical skills. Community voting determines which songs are released on major music platforms such as Spotify, Apple Music, and Tidal, ensuring that the community plays a vital role in shaping the direction of the label.
Furthermore, BeMeow is set to introduce copyright tokens and music index tokens, effectively making music more accessible and diversified investment opportunities for investors. The company’s roadmap includes the development of a dedicated music token exchange, which will enhance the ecosystem with broader technical compatibility, reduced price volatility, and advanced trading features.
Beats of Meow’s native label token, $BEME, represents the overall value of the ecosystem. A portion of the trading fees from each music memecoin is reserved to buy back $BEME, supporting its long-term value.
The presale for $BEME is currently live, offering early supporters an opportunity to contribute to the project’s development stage. Additionally, BeMeow has implemented a vesting model that gradually releases tokens to presale participants. Early adopters can benefit from a two-tier referral program that offers additional rewards for bringing in new supporters.
With its unique approach and innovative spirit, Beats of Meow is poised to connect with a broader audience beyond the cryptocurrency community by offering incentives to both blockchain enthusiasts and newcomers.
Beats of Meow’s presale is currently ongoing, and interested parties can learn more about this groundbreaking project by visiting their official website at https://bemeow.club or participating in the presale at https://bemeow.club/ref-PCsMsoeDEc.
Source: cryptocurrencynews.com
