MP3 FINANCE — Blockchain Music Entertainment

Aleksandr Yedush
3 min readFeb 6, 2021

The beginning of the work of the new company MP3 FINANCE, which has created its own digital asset token MP 3.
A little prehistory about the motivation for the creation of this digital asset.
MP3 is a file format developed by the MPEG team for storing audio information. MP3 uses a lossy compression algorithm designed to dramatically reduce the size of the data required to reproduce a recording and provide sound reproduction that is close to the original (in the opinion of most listeners), but with a noticeable loss of quality when listening to a quality sound system.
Company MP 3 is creating a digital asset MP 3 token designed to attract audit users to pay with their favorite artists. The token is created on the ERC-20 Ethereum platform and is very convenient for transactions in the blockchain system. The blockchain music industry company has directed its development into the creation of MP 3, but this is the beginning of the second stages of the 2nd quarter is the creation and minting of BME token and MP4 — service token. As the company describes its investment products:
MP3 — service token for the DAPP of the music industry; this will include a nexus and NFT-based financial products to empower musicians and help decentralize the music industry.
BME is a DFO (Decentralized Flexible Organization) management token of Blockchain Music Entertainment. BME will be provided to MP3 holders based on the post-token sale snapshot.
MP4 — a service token for the DAPP film industry; this will include financial products to empower independent filmmakers and content creators. * Development start — Q2 2021

You can familiarize yourself with and purchase the MP 3 token directly on the official website of the company.

You can view and purchase the MP3 token on the company’s

The company has set a goal to bring its digital products asset token MP 3 to the public by creating a bounty company. Through social networks, they will attract the public and investors to their assets, thereby increasing the demand for the token.

Company on social networks.

Twitter MP 3 Finance

https://twitter.com/mp3finance

Medium MP 3 Finance

http://hhttps//bmegroup.medium.com

Telegram MP 3 Finance

Reddit

Youtube

Let’s sum up the company by analyzing objectively. There is a very high demand in the turnover of the music and film industry. The demand for users to pay for online orders is an opportunity for artists and owners of licensed video content to make a profit. What will this project give to the user and media industry workers? The opportunity to receive guaranteed payment from your content and to develop further the consumer’s ability to create creativity. An ordinary user is guaranteed to receive his media when paying for the services of a licensed high-quality media resource on the Internet.

A brief objective review of the project was prepared by a participant of the Bitcoin forum talk Leoсaspis

#MP3FINANCE#Blockchain #cryptocurrency #TRX

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