Review on Emanate by francis fernandez
Contributing to the decentralization of the music market
The music industry has always been a bureaucratic market where large production companies have total control of the musical careers of artists and talented people in the field; where those who really contribute to the growth of the industry are less benefited.
The founders of Emanate with a view to reducing this situation and favoring the true taxpayers of the music industry, have created a blockchain platform that promotes the decentralization of this market monopolized by the capitalists of the artistic medium.
Emanate introduces several benefits to the true stars of the music industry, through:
• The creation of a network of users whose common goal is the development of a musical career or have ties related to music; in such a way that they become a solid community to support technological innovations and the democratization of the benefits that the exploitation of artistic talent brings.
• Develop an autonomous economic system where everyone has control of generating income through their talent.
• It allows diversifying the means to share music among fans
• Efficient platform to distribute music content on a large scale
Pros
- Consolidate a network of users associated with the music market under a single infrastructure
- Promotes the democratization of the music industry
- Allows artists to join the platform to increase their income
- Encourage contributions through smart contracts
Cons
- EMT currency not linked to a stable asset
- Few profits
