Features of MMU
1. Global payment and transparency with "$note"
β$noteβ activates the blockchain network within the MMU platform, so that it is free from cross-border fees for on/offline global payments. It can be defined as a utility token that opens a swap pool when linking with other platforms while omitting cumbersome procedures for all MMU teams, partners, and community members who have joined the platform.
Accordingly, we include a payment system that safely protects and records all transactions that occur within the MMU Network. Through this, when cultural participants contribute activities such as payments or sponsorships on the network, they can transparently proceed with on-chain-based voting through the blockchain network at the approximate consensus point of the DAO.
2. Diversity of content by DAO
DAO is the future of the community and a trustworthy structure that revises the system through the efforts of its members and efficiently conducts the entire governance process. By using smart contracts to solve the problem of centralization, which is a problem with existing platforms, members can build a decentralized fan community and make suggestions to the platform, which will be progressed as Meta Music Festival (MMF) performance content.
By reflecting the opinions of this governance, fans can participate in the performance and production process they want, rather than the performance set by the agency or production company.
3. Blockchain Scalability
It is possible to establish new governance by issuing NFTs to expand the culture of the community and to propose new projects and form members. You can create a private community by setting up crowdfunding and community member ratings for content creation. Profits and sponsorships from various activities can be voted on through the governance portal.
Furthermore, various counterfeitable data such as online goods products and offline performance tickets are recorded on the blockchain network, and the risk of forgery is eliminated by using this.
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