What Is Zeptagram?
Zeptagram is a blockchain based trading platform where music IP-rights owners can mint their assets as NFT and DNFTs. Users can invest in a music project and receive these tokens in exchange for their early support.
The owner of a token earns their proportional part income generated by the song, when the song is streamed or used in films etc. The distribution of income is initiated by smart contracts, which all happens on the Telos blockchain!
The music publishing industry is currently dominated by a few dominate organizations such as record labels and streaming platforms. This has created an unfair ecosystem, where artists are consistently undervalued for the work they create. The purpose of Zeptagram is to decentralize the music industry and invite others to participate in trading music assets.
Zeptagram aims to pursue this mission by becoming the digital marketplace for music rights through:
- Offering composers & IP-owners a fair and transparent platform where they can easily monetize songs.
- Creating a new marketplace where fans, rights-buyers, and brands can partner with artists.
- Allowing IP-rights holders to easily track and collect royalties through the blockchain.
- Giving composers and artists the opportunity to make a living from their work, without unnecessary impediments that keep them from focusing on what truly matters – their music.
- Strengthening the relationship between artists and those that appreciate their music, in a meaningful way, with mutual benefits.
- Provide a minting platform for artists to create music related NFTs.
With the recorded music market bringing in over 21.5 billion dollars in revenue in 2019 alone, Zeptagram serves an industry with a massive market and potential userbase!
With the upcoming launch on T-Starter just around the corner, investors likely want to know more about the tokenomics of this project, in order to make a more educated investment decision. Below are some of the primary tokenomics surrounding Zeptacoin (ZPTC), provided to us from the Zeptagram team.
- Ticker: ZPTC
- Supported Networks: Telos, Ethereum, BSC
- Total Supply: 50,000,000
- Project Valuation: $25,000,000
- Initial Token Circulation: 6,150,000
- Initial Market Cap: $3,075,000
- Total Raise (All Rounds): $2,000,000
- Hard Cap: $5,000,000
- Soft Cap: $2,000,000
Seed Round (on T-Starter) – Whitelisted
- Target: $500,000
- Price: $0.10
- Tokens Allocated: 5,000,000
- Initial Token Release: 250,000
- Lock-up: 5% Initial Release and 10% every quarter, 5% last quarter
Strategic Round (on T-Starter) – Whitelisted [Partnerships]
- Target: $100,000
- Price: $0.10
- Tokens Allocated: 1,000,000
- Initial Token Release: 200,000
- Lock-up: 20% Initial Release and 10% every quarter
Private Round (T-Starter) – Whitelisted [Investors]
- Target: $1,200,000
- Price: $0.40
- Tokens Allocated: 3,000,000
- Initial Token Release: 300,000
- Lock-up: 10% Initial Release and 15% every quarter
Public Round (ETH & BSC)
- Target: $200,000
- Price: $0.50
- Tokens Allocated: 400,000
- Lock-up: 100% unlocked
- Total Supply: 50,000,000 (50 Million Zeptacoins)
- Seed Round: 10% (5,000,000)
- Strategic Round: 2% (1,000,000)
- Private Round: 6% (3,000,000)
- Public Round: 0.8% (400,000)
- Team & Advisors: 20% (10,000,000) [10% initial release and 10% every quarter]
- Partners: 5% (2,500,000)
- Community Development Fund: 5% (2,500,000)
- Liquidity Development: 30% (15,000,000) [10% initial allocation and the remaining will be used to maintain 15-20% APY]
- Platform Usage Rewards Pool (staking): 15% (7,500,000) [For locking tokens, will be used to maintain 5-10% APY]
- Reserve: 7.2 % (3,900,000)
Want to learn more about Zeptagram?
Head over to Zeptagram.com to learn more about this exciting project, sign up for an account and start exploring the Zeptagram ecosystem!
Also, don’t forget to come out to our AMA with the Zeptagram team, where we’ll be introducing this project to the community in more detail, ahead of their T-Starter launch. The AMA will be taking place on May 27th at 17:00 UTC, on the Telos Community Telegram.
To Sum It Up
- Zeptagram is a blockchain based trading platform that allows music IP-rights owners to tokenize their assets and receive support from investors.
- Zeptagram will be launching the platform’s native token (ZPTC) on T-Starter, on May 31st
- Community members can learn more about this exciting project at our upcoming AMA with the Zeptagram Team! This will be taking place on the Telos Community Telegram on May 27th at 17:00 UTC.