news 
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 set to disrupt the music industry by launching the world’s first community-driven web3 music label embracing meme-culture. By merging blockchain and artificial intelligence technology with music and memes, BeMeow aims to revolutionize artist compensation while creating a unique community experience.
Unlike traditional NFTs, BeMeow is taking an unconventional approach by utilizing memecoins to digitize music on the blockchain. This innovative tokenization strategy enables songs to have their own dedicated trading charts. By applying trading fees to the tokens, BeMeow seeks to generate revenues that support independent artists making a living from their music releases.
The label’s vision extends far beyond the cryptocurrency community, with plans to connect with a broader audience by offering incentives to blockchain enthusiasts and newcomers alike. This bold approach seeks to combine the universal appeal of music with blockchain technology.
BeMeow is placing its community at the heart of its operations, encouraging promotional engagement with token rewards allocated through a points-based system. Furthermore, BeMeow integrates generative AI tools within its Telegram group, empowering users to create and submit music without requiring professional musician skills. Community voting will determine which songs are released on major music platforms such as Spotify, Apple Music, and Tidal.
This pioneering approach has the potential to make music a more accessible and diversified investment class. The platform plans to introduce copyright tokens and music index tokens to further democratize the music industry.
Source: cryptocurrencynews.com
