Frequently Asked Questions
Inmusik is an new kind of music streaming platform that aims to increase the entire economy of the music industry by incorporating game theory and blockchain. Our ecosystem enables participating fans to earn rewards by placing Token votes on content they believe will succeed over time and in turn, share in all future earnings. This approach introduces a new revenue stream for recorded music – something artists, labels and fans very much welcome.
To enable a fair music market economy in a tech savvy world, Inmusik incorporates blockchain technology with a blend of concepts around the principle of ‘Shared Success’ and community curation.
Inmusik is a Blockchain-powered music ecosystem that introduces a new asset class – securitized music. For the first time ever, fans can invest in the future success of music. We’ve created a completely new revenue model for recorded music that integrates with our streaming platform, designed for the active enjoyment of music and the growth of the entire industry’s economy.
There are two ways to participate on Inmusik: buy in or work in. For those who choose to buy in, there is a monthly subscription fee which is competitive to other streaming sites that offer unlimited streaming of mainstream content. To work in, users can do a range of tasks within the community like, verify content, vote and earn from payouts, earn referrals for sharing content or helping us choose the best 7 seconds of songs. We aim to ensure that every user who provides value to the community is rewarded and so it is entirely possible, for users to not have to pay cash to limitlessly listen to all their favorite music on Inmusik.
Of course! To start off, here is a story of Inmusik:
For a quick overview of what Inmusik is:
In short, we are building a music ecosystem featuring:
- Content Investment
- Music Streaming Application (ad-free, unlimited streaming)
- Inmusik Verification for independent artists
- Music Discovery
Our belief: Everyone who actively contribute to the success of a venture, create quality content, and help find audience for great creative works should be rewarded in direct proportion to the measurable value of their contribution.
Inmusik has invented a new revenue stream for recorded music. As a musician, our platform enables you to receive increased, fair, and transparent payouts which are in direct proportion to your impact within the community. Inmusik can also help you find and build an active fan base, and in the future, earn more through ticketing and selling your merchandise. Inmusik will be a fan creation machine that will help musicians earn more while being able to upload and manage your own content, connect and communicate with your fans.
We are accepting the following IDs, provided that they are valid/current:
- Identity Card
- Driver License
You can track your purchases, referral rewards, and bounty program rewards using our wallet dashboard. You may access the wallet dashboard here.
Absolutely yes! A true community can’t operate without catering to all the need within the industry. Inmusik started as an independent musicians platform and we are staying true to our roots. We have many initiatives planned that are designed specifically for the independent artists of the world.
A Verified KYC Status means that you have complied with the standards of our criteria in verifying an ID, Passport, or Driver’s License you have submitted/uploaded in our system. A Not Verified Status means you have failed to submit/upload an ID that meets our standards.
Criteria for successful verification is as below:
- ID, Passport, Driver’s License is in color and not in black and white (except when an ID issued is in black and white)
- Uploading a copy that clearly shows your Name, your ID picture and other important information that we need to confirm your identity.
- Make sure that your ID is not expired.
As you may know, we have upgraded our site. While all accounts from our old one are stored in a safe and secure place in our servers, we have not added them to our new site. With that said, we would still love for you to be part of our community. If you are still interested in Inmusik, please reach out to us at firstname.lastname@example.org and we’ll send you the link to sign up to list of people who will get first access to our beta site.
Our platform is still underway. Our developers will have more information as the platform nears the beta testing phase.