Gala Music (MUSIC) is Now Available on INDODAX!

For traders and members, INDODAX introduces the newest crypto asset, Gala Music (MUSIC), which can be traded on the INDODAX market.

Gala Music (MUSIC) crypto asset is now available on INDODAX on the ERC-20 network.

Learn more about Gala Music (MUSIC) before buying. Read below!

Data and Information Gala Music (MUSIC) Token

Gala Music (MUSIC) is a decentralized music platform built using blockchain technology. It’s the new music destination for artists looking for control, transparency, and improved monetization – and for listeners wanting a more rewarding experience directly connected to musicians, access, events, merchandise, and more.

When fans engage with MUSIC by listening, sharing, and supporting artists with upcoming and current music releases, they receive perks and incentives and can earn rewards (music tokens).

The $MUSIC token is a utility token that can be spent in the MUSIC All Access store on experiences, merchandise, music, and more. There are other uses for the token for example, it can be used to increase the capacity of Player Nodes and the amount of tracks they can host.

There are 5 users of the MUSIC platform who benefit from different features:

Player Node Operator – nodes have a 20-hour uptime requirement and can (currently) host 10 tracks – these tracks can be their own or be owned by a community member who has opted in to have them hosted on their behalf.
Track Owners – these individuals who currently earn $MUSIC by buying a track and hosting that track on a node so that others can enjoy listening to it. The number of tracks available per artist song depends on their artist tier.
Artists – both established and new, come to MUSIC to monetize their work, engage with their fans, understand their listeners, and control their creative content. Depending on how much commercial success they have had and how big their reach is, they enter as part of a tier system – that starts at Bronze and goes up to Diamond. Artists earn from the initial sale of their tracks and from the secondary market, All Access purchases, and by engaging more with the ecosystem and its partners.
Fans – fans can listen to their favorite artists for free and are (through their listens) able to access rewards by earning $MUSIC tokens that they can redeem on items such as merchandise and exclusive artist content.
Listeners – because the MUSIC ecosystem is designed for the mass market, MUSIC has launched an app called STGE, along with an optimized mobile site means that casual listeners can stream free, with no ads, while artists and those who own and host tracks benefiting from those plays.

Gala Music (MUSIC) Crypto Asset Ranking

As of January 3, 2024, the CoinMarketCap ranking of Gala Music (MUSIC) is #2284. It has a maximum supply of 68,901,989 MUSIC coins.

How to Buy Gala Music (MUSIC) Crypto Asset on INDODAX

Now that you’ve discovered more about Gala Music (MUSIC), you can start investing in Gala Music (MUSIC) crypto assets on INDODAX easily and securely by visiting the INDODAX website or downloading the INDODAX Mobile App from the App Store or Google Play Store on your device.

To buy Gala Music (MUSIC) crypto assets on INDODAX, follow the steps below:

Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
Then, deposit by reading how to make a deposit below
After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
Search for MUSIC in the IDR market, and click to visit the crypto asset page
On the crypto asset page, enter the balance and desired MUSIC purchase price, or buy instantly at the current price
Next, you should wait for the price to increase for some time
Once the price increases, your assets can be sold at a higher price with the Instant method
If you use the Limit method, make sure to place a sell order after purchasing the asset and enter a higher sell number