Get ready for the next big thing in crypto! Music Protocol has revolutionized the music industry with the launch of its $RECORD token on Fjord Foundry on July 8, 2024.

Music Protocol is turning music royalties and catalogs from major record labels into investable assets on the blockchain, unlocking a trillion-dollar market for capital providers.

Music Protocol, a platform that tokenizes music royalties and catalogs from major record labels, making them available for investment by capital providers, has announced the launch of its $RECORD token on Fjord Foundry on July 8, 2024. This integration marks a significant step in transforming music rights and royalties into investable assets on the blockchain, unlocking a trillion-dollar market for investors.

With the launch of $RECORD on Fjord Foundry, the community will now have the opportunity to participate in the Liquidity Bootstrapping Pool (LBP) of $RECORD on Fjord Foundry. The higher the pool’s liquidity, the greater the return on investment (ROI). This LBP is designed to create a fair and efficient price discovery mechanism for the token.

To celebrate the launch of $RECORD on Fjord Foundry, early bird participants in the LBP will receive a 0.6 $RECORD bonus for every $RECORD you purchase. That’s essentially a 60% discount on your investment. This exclusive airdrop will be credited to your wallet after the LBP concludes.

To qualify for this early bird bonus, you must join the Liquidity Bootstrapping Pool on Fjord Foundry before July 15, 2024 at 12:00 PM UTC. The bonus will be applied to all purchases made during this early bird period.

After the LBP concludes, the community will be able to participate in an airdrop campaign by Music Protocol, which will allocate 160 million $RECORD tokens (16% of the total supply) for community incentives and distribution. This campaign will be conducted over multiple seasons and aims to build a thriving community that is integral to the future of music.

The pre-TGE season, SZN1, will focus on growing and strengthening the community with a pre-TGE airdrop campaign designed to engage and reward early supporters. Future seasons will explore staking, fan-to-artist interactions, and protocol engagement.

To participate in the airdrop campaign and be eligible for the airdrop, you must sign up at airdrop.musicprotocol.io. Multiple entries will be disqualified. Non-adherence to any of the participation guidelines will result in disqualification.

Music Protocol is a platform that tokenizes music rights and royalties and creates digital assets on the blockchain. This innovation opens up a vast market for investors and capital providers, making investing in the music industry easier than ever.