Speculators have been alarmed by an assortment of collapsing red graphs on numerous cryptocurrency exchanges. Many traders intending to benefit from cryptocurrencies have had their hopes shattered by the current crypto meltdown.
Not only has Bitcoin suffered some of its roughest months in terms of price, but it has also duped committed crypto devotees who thought these assets would provide them with financial security.
But how did it get this far? Why is Bitcoin, dubbed “digital gold,” now dwindling by a thread with an uncertain future? Will cryptocurrencies make a return, or is this the unwelcome end of the decentralized sector? Regardless, we are here to assist our dedicated readers by exposing them to a new token that has yet to be released with good features.
Introduction To Klangaverse (KLG)
Klangaverse (KLG) is a decentralized music-sharing platform that enables blockchain technology to offer artists a fair wage, a transparent and consistent payment method, and high-quality audio content for the community. The Ultimate NFT Music Platform brings artists, fans, and professionals together in one app and network. Consider it a marketplace for all things music-related.
It introduces the KLG cryptocurrency for payment and management of artists and followers. This is a new paradigm in which artists can control how the money generated by their minted songs is allocated between teams, depending on the various songs minted in its ecosystem.
By exploiting the speed and redundancy of IPFS’s decentralized storage approach, Klangaverse (KLG) can deliver vast quantities of minted recordings by artists in a very decentralized manner (Interplanetary File System).
Unique Features Of Klangaverse (KLG)
The Klangaverse (KLG) community is decentralized, and governed by its lively members. The currency welcomes fresh ideas and points of view to make the Klangaverse the most incredible crypto community possible.
Artists benefit immediately from every transaction that involves minting their music with a KLG token. This allows them to split revenues with their production team. Transaction fees are sometimes used to fund community development programs.
Klangaverse (KLG) is committed to the long haul. The decentralized community fosters long-term ecosystem growth, which leads to practical use cases, more massive rewards, and popularity that outlasts fads.
Solana (SOL) is a blockchain platform that enables the development of scalable decentralized applications. It is expected to process 45000 transactions per second while retaining a low transfer cost, which is advantageous. Since its debut in March 2020, its value has quadrupled by the end of summer 2021.
A platform like Solana (SOL) can assist Ethereum in addressing its present issues. Its value has increased by 496.7% in the last year, according to CoinMarketCap. The Solana (SOL) is ranked 9th on CoinMarketCap as of July 30th, 2022, with a market valuation of around $15.6 billion. The coin’s value has increased by 7 percent in the last 24 hours and by 14.15 percent in the previous seven days.
Polygon (MATIC) was released as the MATIC network in 2017, and it operates on the Ethereum blockchain, linking Ethereum-based projects. The Polygon (MATIC) platform can boost a blockchain project’s flexibility, scalability, and autonomy while maintaining the Ethereum (ETH) blockchain’s security, interoperability, and structural benefits.
Polygon (MATIC) value has decreased by 0.11 percent in the last 24 hours and increased by 12.09 percent over the previous 24 hours. Polygon (MATIC) is ranked number 12 on CoinMarketCap as of July 30th, 2022, with a market capitalization of around $7.6 billion.
The coin is now ready for distribution in the cryptocurrency world. The roadmap for the currency is in the whitepaper in complete detail. It solves a variety of difficulties with existing streaming services. The Klangaverse grants the artist the rights (KLG). It also gives the artist ownership and the right to allegiance. Klangaverse (KLG) has provided a comprehensive answer to these and other challenges that musicians face.
The cryptocurrency market is experiencing a trend of issuing bonus tokens. Similarly, if you buy with BNB you will earn an extra 25% token. If you buy with SOL you will get a 15% bonus. You will gain an additional 8% bonus if you buy within the first stage.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.