Tao

by Tao Network

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What problem does this service solve?

Tao gives musicians a more transparent and efficient way to distribute and monetize their music.

Company Details

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About Tao

Tao is building a blockchain for the music industry that is specifically designed for managing ownership and licencing data. It is operated as a distributed autonomous organization (DAO) and is developing the Infiniti Protocol. The Tao platform has a Proof-of-Stake (PoS) consensus mechanism and will allow cross-chain transfers of information through what they call Object Relational Mapping (ORM). One of the central aspects of the Tao platform is the concept of an Initial Artist Offering (IAO), which allows individual artists to issue digital tokens that will be based on Fame Demand and Fame Potential metrics. The platform is powered by the XTM coin.

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