Stations to push for Web3 Adoption
Stations by MeMusic is a social audio application designed to help creators to build digital presence, broadcast their content, and interact with their community. In the upcoming months, MeMusic has planned to implement and introduce artist tokens, stream-to-earn/listen-to-earn, and mobile application for the users.
During several different AMA sessions, it was revealed that Stations will also tailor its services for the taste of web3 creators / projects. We believe Stations can help companies to build a digital presence online using the same tools that artists or creators may need.
Stations will allow companies to register with a dedicated company page. Companies can use the page to build and interact with a community of their own. Compared to other mass-marketing tools like Magic Square or Zealy, Stations will also provide the tools for projects to raise funds using our crowdfunding function. However, projects are not required to host a sale on Stations to enjoy all the different marketing tools provided by Stations. Projects can host AMAs (with built-in airdrop tools) or provide marketing missions such as joining Discord, following on X, or retweeting a tweet.
Role of Station Nodes & MMT
All projects seek to reach out to traders, users, and investors. The biggest fear for running a marketing campaign is reaching out to only bots or bounty hunters. On Stations, marketing bounties will be distributed differently to prevent such issues.
Example A)
A user campaign opens on Stations with a $2,000 USDT bounty for the campaign holders. 30% is airdropped amongst all Station Node Holders. 30% is airdropped amongst all $MMT Stakers based on their staked amounts. (Both Station Node Holders and $MMT stakers have to complete the marketing missions set by the project) The remaining 40% is available for users who do not hold $MMT or a Station Node.
Stations Launch — an innovative launchpad, why?
We are implementing a crowdfunding platform and service into Stations to better support the artists to potentially sell their artist tokens, merchandise, or NFTs. As the process for building a digital presence for creators is similar for process for the creators in building their digital presence will function in the same manner for web3 projects.
Fair Distribution
Station Nodes:
- Station Node Holders are the highest tier within our launchpad. By holding a node, you have guaranteed access to the sales hosted on Stations Launch.
$MMT Stakers
- By staking $MMT, users will receive a corresponding ‘token’ (i.e. veMMT) that represents the staked tokens. By using veMMT, users can receive an allocation by committing their tokens to the launch pool.
- Example A: Two users have staked 10,000 and 5,000 MMT respectively. Each will receive 10,000 and 5,000 veMMT. When a sale opens on the Stations, users will have 24 hrs to commit their veMMT. Allocation is distributed based on the individual committment divided by the collectively collected veMMT. For instance, if user A commits 1,000 veMMT and user B commits 5,000 veMMT. The allocation is split accordingly based on the ratio of a user’s commitment.
By eliminating a tier system, but by replacing it with a system based on actual interest and stake in $MMT allows for a fairer and guaranteed distribution.
With these new implementations, MeMusic aims to help the projects of tomorrow to build a better digital presence while expanding our ecosystem.
