$0.000022
+$0.000000(+1.00%)
Market Cap
$22.15K
24h High
$0.000022
24h Low
$0.000021
24h Turnover
$5.89
Total Supply
1.00B
Market Sentiment
Neutral
About Music Protocol (RECORD)
Music Protocol is a modular Layer 1 blockchain designed by and for the music industry. Music Protocol transforms static music intellectual property into flexible, programmable assets. This approach generates profit and fractionalized income and licensing across the digital landscape, creating significant financial returns. By leveraging blockchain technology, we facilitate direct connections between artists and consumers, opening new avenues for fan engagement (gaming and metaverse), innovation (AI), and financial growth (RWAs).
The music industry’s core asset, intellectual property, is valued at over $700 billion.
- Total gross revenues in the music industry were around $70 billion in 2021, expected to rise to $153 billion by 2030.
- Global recorded music revenues grew 9% to $26.2 billion in 2022.
- Streaming revenues accounted for 67% of total revenues in 2021, growing by 11.5% to $17.5 billion.
- New technologies like blockchain and AI have the potential to positively disrupt the industry, benefiting labels, artists, distributors, startups, and investors.
Music Protocol (RECORD) Basics & Market Insights
Market Analysis
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SpaceX Stock Hits Record Low: Can AI and Starlink Support Its Trillion-Dollar Valuation After 910M Shares Unlock?SpaceX (SPCX) shares hit a record low of $107.01 during intraday trading on July 28, dropping more than 20% from their IPO price. With 910 million shares set to be unlocked on August 6, debates over AI capital expenditures and the commercial prospects of Starlink are prompting a reassessment of the company’s valuation.2026-07-29
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