Audiolox is the world’s first fully decentralized Web3 secure music application, built on the revolutionary Loxsync Technologies Artificial Intelligence structure. The neuromorphic AI brain incorporates nano optic technology, which allows the AI to communicate with its neural network and particle data environment, thereby eliminating all forms of data.
Internal banking, data tracking, and on-demand security with a real-time customer management system are all features of the neuromorphic AI brain. In contrast to today’s conventional data storage, with all of its limitations and high maintenance costs running into the billions of dollars quarterly. Due to its unlimited resources, Audiolox’s AI to AI optic nanoparticle data uses only a fraction of the amount through the neuropathic gateways at light speed.
This new technology ushers in a new era for the music industry, broadening the scope of what is possible. Because popular Web2 apps prioritize convenience over security, users’ data was never safe. We saw artists struggle with contracts from countless labels and streaming behemoths. As a result, the concept combined the benefits of online streaming with high security and transparency. However, as the team worked on more complex tasks, it became clear that even blockchain technology could not meet our high standards because it stores information on the same servers as traditional platforms. Only by combining blockchain and artificial Intelligence were we able to achieve the desired result.
Problems Audiolox Solve
The music industry is worth billions of dollars. On the other hand, traditional music streaming services have become outdated and inefficient over time. These platforms rely on a third-party database to protect their artists’ music files. Unfortunately, there have been numerous instances of hacking into these centralized databases, and the music industry has suffered significant financial losses as a result.
That’s why we decided to create the first platform where all music industry members (writers, singers, producers, and users) can quickly, securely, and environmentally friendly/safely share music with a large audience.
We want to rebuild the music infrastructure from the ground up to balance supply and rewards for fans, artists, and the platforms that serve them. Therefore, each Audiolox Secure Music Platform participant will receive in-app rewards for individual active participation, collective rate contribution, and chart creation.
To ensure that our vision is implemented smoothly, we will create a new infrastructure—the music industry changes in response to Audiolox. Music lovers do not need to alter their listening habits to support current providers and sellers. Both streaming and download-to-own music allows artists and rights holders to reach the largest possible fan communities.
ALOX is the Audiolox native token that fuels its ecosystem. ALOX has two functions. First, rallying for the final segment of funds for the realization of the Audiolox Secure Music Platform; second, for in-app purchases such as user subscriptions, online marketing, token gifting, and so on.
There are one billion ALOX tokens in circulation. 7.5% of the total token has been allotted for seed raising; 14% for private and 0.9% for the public; 16% for the marketing maker while marketing takes 21%; protocol incentives take 9.1%; 18% for rewards; 10% for the team; and 3% for advisors and strategic.
ALOX’s Utilities and Investor Benefits
- ALOX token holders are members of Audiolox’s DAO (Decentralized Autonomous Organization) and can shape the platform’s development by creating a benchmark of the most popular songs and performers.
- ALOX tokens can buy premium in-app items like individual subscriptions and online merchandise.
Staking: ALOX token holders can stake their tokens in various staking pools. There will be several such chances. The rewards will vary, and payments could come from an ALOX token. We will launch at least two staking pools shortly after IDO. In addition, we reserve the right to provide additional staking opportunities to the community before further development steps. The terms of the different pools will be the same as those of the initial pools.
Future plans: Another critical aspect of decision-making at Audiolox will eventually be moved to the DAO, making it a community-driven project. But we also recognize that it is a lengthy process. Nevertheless, we will do our best to incorporate as many DAO mechanisms as possible into the project as soon as possible, providing even more benefits to ALOX holders and further decentralizing the project.
Further Steps Toward Changing the Music Industry
Furthermore, this system will keep the music industry alive, which is powered by blockchain and Loxsync’s nano optic network. The more Artificial Intelligence controlled content is introduced into the music industry, the more equitable it will become for its leading actors, artists, and bands. They will shed the burdens impeding their success for decades, forge stronger bonds with their caring communities, ensure the safety of their artwork, and reach a brand-new tech-savvy audience.
The message is clear: there is still much to be done, but we are on the right track. On our website, you can learn more about our missions and the steps we will take for the future of the new Ai-controlled Secure Music Platform.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
