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$RECORD is the native utility token within the Music Protocol ecosystem. It will play a critical role in facilitating the tokenisation of music catalogues, supporting platform governance, and driving liquidity in royalty pools. Regulated as a utility token by FINMA, $RECORD gives holders voting rights, and in the future staking options, and direct exposure to onchain music royalties.
Why Music Royalties?
The music royalty market, valued at over $500 billion, offers a reliable source of revenue with returns uncorrelated to traditional financial markets. By converting these royalties into tradeable digital assets, Music Protocol opens up new investment opportunities within DeFi, backed by the secure infrastructure of blockchain and real-world revenue potential.
About Music Protocol
Music Protocol brings real-world music royalties onchain as a new asset class within DeFi, offering high-yield, low-volatility opportunities backed by the stability of music revenue streams. By tokenising music royalties, Music Protocol enables rights holders and investors to seamlessly trade these digital assets, expanding access to an industry traditionally reserved for insiders.
Music Protocol’s Mission
Music Protocol bridges traditional music finance with DeFi, creating a transparent, accessible marketplace for music royalties. With a strong tokenisation framework and a growing network of catalogues, Music Protocol is establishing a sustainable, investor-friendly environment for stable, DeFi-enabled yield in the music industry.
The live Music Protocol price today is $0.007456 USD with a 24-hour trading volume of $121,137 USD. We update our RECORD to USD price in real-time. Music Protocol is down 5.10% in the last 24 hours. The current CoinMarketCap ranking is #1751, with a live market cap of $2,198,481 USD. It has a circulating supply of 294,841,501 RECORD coins and the max. supply is not available.