What Is MUSO Finance (MUSO)?
MUSO Finance (MUSO) is a platform that connects cryptocurrency and music. Built on Binance Smart Chain, the protocol is a driving force of multiple projects. According to the whitepaper, MUSO Finance is a new and creative network that rewards faithful users by incentivizing staking. MUSO Finance introduces a loyal holders' scheme under which staked tokens can earn rewards. MUSO Finance aims to surrender all music items with the utility of MUSO tokens.
In addition, the "MUSO discover" section in its platform aims to enable artists to gain a global audience and let them earn the exposure they deserve. Also, the platform tends to introduce podcasts where the performers can be joined by guest artists, music, and cryptocurrency experts. MUSO Record is also one of the goals of MUSO Finance, where users can get an independent record label that offers deals that correspond to the other major labels.
Further, MUSO is a native BEP20 token of the MUSO Finance platform, created on the Binance Smart Chain (BSC). MUSO features low fees, quick transaction times, and smart contract compatibility. (Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.)
The Tokenomics model of MUSO is based on the redistribution of token holders as an incentive for holding the tokens. Similarly, the evolution wallet connects to the contract in BNB (Binance coin). The development wallet handles the entire MUSO enterprise of businesses and marketing. The auto-locked liquidity permits the increase of the price floor.
History of MUSO Finance (MUSO)
Ryan Nicholas is a cofounder and CEO of the MUSO Finance ecosystem. The platform's development team includes Alex Gwynne, Ashley Waterman, and Liam Britton. MUSO Finance network was launched in 2021, with a total supply of 100,000,000 MUSO tokens.
