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Tao

by Tao Network

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Vezt

by Vezt Inc.

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Compare With Similar Companies

Tao

by Tao Network

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Vezt

by Vezt Inc.

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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.Vezt provides musicians with a more transparent and efficient way to distribute and monetize their music.

Token Stats

Company Description

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.

Vezt is developing a blockchain-based marketplace for distributing music. It will allow artists to distribute and monetize the publishing rights to their music. By using blockchain and smart contracts, artists will be able to store and transmit ownership data of individual songs, and sell fractional rights for the use of their music.
The network will be powered by the VZT token.

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