![]() | Spectrum Protocol (SP8) |
The 3 components of Spectrum Protocol: 1. A distributed ledger of recording rights, contracts and royalty splits that provides a transparent record of music ownership. 2. A registration platform for handling payments and distributing royalties in various currencies. 3. An ecosystem for artistes and music industry players to collaborate and network.
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What is Spectrum Protocol
Spectrum Protocol is a decentralised registry of music copyright, powered by blockchain technology. Spectrum Protocol is an industry focused protocol, that embrace all potential DAPP developers and is inclusive of all stakeholders in the Music and Entertainment Industry. Spectrum Protocol lets musicians register their songs and copyright, get paid for the usage and rights of their works, enables emerging artistes to be discovered and offers opportunities for collaboration and networking. Music fans can discover new acts, buy merchandise, concert tickets and stay updated on music and entertainment news. Record labels, publishers, distributors, artiste management companies, concert promoters have a centralised database to manage the rights of their artistes, scout for talent and network.
Token Allocation
Restrictions
China, United States, South Korea,
Token distribution
55% - sale
25% founders and other teams
20% - community development
Funds allocation
5% - security
5% - lagal and accounting
35% - development
45% - marketing
10% - operations










