Klynox, a multinational technology company for research and development is out with a new project named, “Loozr”
Loozr is a crypto-powered music streaming platform that allows anyone to invest in artists/creators and share in their success.
It’s like Spotify or Soundcloud but artists are like ‘shares’ in the stock market; when you invest in an artist, you own a portion of that user’s total shares. As the artist is more active and more people buy the coins of that artist, the price of the artist’s coin goes up. And similar to the stock market, every single person who bought the coin of that artist also benefits from that rise in the coin price.
Loozr Music App will be the first crypto platform where fans can invest in their favorite artists and earn in crypto.
According to the CEO of Klynox, Yobo Zorle,
“We will launch in 2 months and in few weeks our token will be out for us to create our $LOOZR coin to run the whole ecosystem.
Join us as we pally with the new internet Web 3.0, NFT, Metaverse, Blockchain, etc into the music space. Don’t be left out! Why sing when you can earn and sing? Why listen when you can listen to earn?”
He concluded by saying,
“It will be completely free, decentralized, community driven , open source and world scale, you can withdraw your earnings from your Loozr Wallet any second you want. We’d need every musician (gospel, secular, all genres), every producer, DJ, music blogger, influencer, etc. We’d love to partner with any brand or anyone, we want a loud community please ?.”
For more information visit: https://loozr.io/
