Privi TRAX is web3-based decentralized music app launched on the Privi Zoo. Privi Zoo is a decentralized app (dApp) store consisting of social and financial apps connected by a single robust blockchain. The purpose of Privi Zoo is to make decentralized apps more accessible to the general public and free themselves from the constraints of web 2.0. 

According to the whitepaper, Privi Zoo aims to provide the necessary tools, dApps, and structure to ensure the success of its decentralized app store. The platform also focuses on a multi-chain framework that allows a significant amount of development and accessibility. Privi Zoo combines blockchain, artificial intelligence, augmented reality, and web-based file transfer to offer people an entirely new way to engage with online data.

Privi TRAX intends to be the core location where other web2 and web3 apps can form DAOs and vote on song rights, resulting in the ideal music and governance DAO. Privi TRAX aims to enable song governance and metadata production, provide funding, stream, and earn chances. Privi TRAX intends to be on the mainnet by 2022 and is run by TRAX token holders. 

TRAX is the native token of the Privi TRAX application. The total supply of Privi TRAX tokens is 100,000,000 TRAX coins. TRAX token is a BEP-20 token that runs on the Binance Smart Chain (BSC) network. BEP-20 is considered a token standard on BSC. TRAX token holders can earn incentives by locking their tokens into the music stream taxation pool and participating actively in the system.