How to Buy Music Protocol Crypto (RECORD)
What is Music Protocol (RECORD)?
According to Coingecko, Music Protocol is : 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.
Where can I buy RECORD Crypto?
The best website to buy Music Protocol is Simpleswap.
With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.
How to Buy Music Protocol on Simpleswap
To buy Music Protocol on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select RECORD, just like in this example:
Once you selected the currency you want to pay in, and RECORD, you need to paste your respective wallet address where you want to receive your RECORD.
With Simpleswap, you'll receive your Music Protocol directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.
Check out Music Protocol links:
Please make sure you read our Disclaimer. We are not financial advisors.