SoundMoney Protocol’s BEZY token launching on April 28. This new endeavor hopes to revolutionize the current state of the music industry by utilizing blockchain technology. BEZY, the native token of the SoundMoney Protocol, will be interoperable and tradable on both Ethereum and REZO. However, BEZY has a maximum supply of 27 billion tokens. Its aim is to build a more transparent and artist-friendly financial infrastructure that puts artists directly in touch with their fans.
The BEZY token is a key component of SoundMoney Protocol's "Web 2.5" approach, which seeks to disrupt the current music streaming model. BEZY utilizes the transparency and trust blockchain technology provides to make sure artists are compensated fairly and directly. This better equips fans to support the artists they love. Since the token is already integrated with Uniswap, ensuring deep liquidity and instant accessibility for all users,
“So SoundMoney Protocol is a Web3 infrastructure, a financial infrastructure for the music industry. So we provide a way for artists to connect with their fans directly,” - DeRosario
BEZY is another example of a strategic partnership between SoundMoney and Saga.xyz. This partnership gives SoundMoney Protocol the ability to run its own blockchain, greatly improving its capabilities and scalability.
“We’re partnering with Saga.xyz. They’re a layer1 blockchain company that allows us to basically have our own blockchain. So we have our own blockchain with Saga and they’re integrating liquidity integration layer with Uniswap,” - DeRosario
The token has been specifically created to maximize user experience, making it as simple and enjoyable as possible for artists and fans to use. The SoundMoney Protocol’s mission is to connect the decentralized world of music technology with the interpersonal relationships of the music ecosystem.
“It should be easy, which is the name of our token. It’s called BEZY, because it just should be easy,” - DeRosario
The token is designed to be user-friendly, ensuring ease of use for both artists and fans. SoundMoney Protocol aims to bridge the gap between the digital realm and real-life connections within the music community.