OWN Your Music and Earn Rewards With THIS!! Gala Music EXPLAINED

is web 3 music The Next Big Thing web 3 music was a concept explored during The nft Craze of last cycle but never really managed to take off but the web through music has continued to buil through the bare Market though so today we'll take a look at gala music our generous sponsor for this video and how you can get started on its platform Gala music is a decentralized streaming platform built on gala's layer one Galla chain built on the blockchain it utilizes smart contracts and tokens to delive

r a platform for artists and their fans think of it as the Spotify of web 3 it's the platform for both the artists who are looking for control transparency and improve monetization and for listeners who want a more rewarding experience that's directly connected to artists exclusive experiences events merchandise and more Galla music project is headed by Leila Steinberg an American businesswoman writer and poet famed for her contribution to the success of American hip-hop icon Tupac amongst other

majorly successful artists currently over 100 music creators are registered on the platform including notable artists like Snoop Dogg Earl Sweatshirt and super group Mount Westmore Snoop Dogg Ice Cube E40 and two short who have shown support for the platform these artists host their songs on the platform and connect with their fans on the Galla music platform so how does Gala music work Gala music turns songs into nfts digital signatures for songs uploaded to the platform are engraved on the ga

la blockchain as ERC 1155 standard non funable tokens Gala blockchains claims to offer higher transaction throughput and low fees and this enables users on the platform to transact these nft songs in a cost efficient manner music the native token of the platform is also minted on the gall blockchain and integrated into the platform for payments and incentives three main types of users make up the gala Music Network artists listeners and node operators for each the gala music platform caters to t

heir needs via different features for artists Galla music introduces a distinctive approach for artists to sell their tracks through a tiered Rarity system starting with the most exclusive tier the signature edition track this Rarity holds the highest distributor multiplier and is limited in quantity making it an exclusive and highly sought after creation once the signature edition track sells out Gala music seamlessly transitions to the next tier the Pioneer Edition followed by the Limited Edit

ion standard edition and open Edition release tracks are made available for purchase and regular listening the artist decides the price of their tracks track sales are the primary revenue for artist though extra rewards could apply as specified by the platform for both registered and unregistered listeners they are free to listen to release tracks in an odf free experience an additional class of listeners also exist which are known as track owners that is users who have purchased music tracks pu

rchasing a music track gives a listener extensive control over that particular music music owners can then host their music with a node operator and earn Revenue according to the number of listens the song receives node operators are known as jukebox operators jukeboxes have a minimum uptime of 20 hours to to ensure that hosted music is available on the platform most or all of the time anyone can run a jukebox including music owners jukebox operators take a share of the revenue from the music th

ey host whereas music owners who operate a jukebox get to keep 100% of the revenue from their music a jukebox node can only host 10 songs for a start but this cap can be increased using the music token you can find more details about the ins and outs of the platform on gas music official white paper which will link in the description below now let's take a look at Galla music's native token music music has a maximum supply of 1 billion tokens an initial supply of 150 million music tokens were mi

nted 50% of which was dedicated to the conversion of the beams test tokens used during the application testing stage at a 1:1 ratio and the other 50% committed to the Project's ecosystem development music is a utility token that can be spent in the gala music all access store on experiences merchandise music and more when fans engage with the platform by listening gifting artists during their stages app performances sharing and supporting artists with upcoming and current music releases they rec

eive perks incentives and can earn rewards in the form of the music token there are other uses for the token such as to increase the capacity of player nodes and the amount of tracks they can host finally let's go through how you can quickly get started with Gala music it should be rather intuitive as it's similar to other music streaming platforms so first go to the gala music website via this link which we've put in the description box below on the landing page click sign up enter the required

details and click continue to complete and after that's done you're ready to use the platform next access your profile by clicking on the profile icon on the top right corner of your dashboard and the dashboard is also where you can see your wallets feel free to head over to settings to modify your profile as you wish on the homepage you'll see the latest releases as well as feature tracks and experiences and you can also head to the listen tab to see gall musics inhouse curated playlists or br

owse artists to venture out further go ahead and explore different artists and genres on the platform by going over to the Discover section where you can see both feature tracks and artists or simply search for your favorites in the search bar another feature you might like to check out is experiences this section features exclusive experential events from artists on the platform you can also explore other operations like buying and running a node and building a collection of your favorite track

s charts show you trending and top performing songs and then Gala music also has a referral program that gives users an opportunity to earn extra rewards by inviting their friends to the platform do you know a music lover well then you can share your referral link with them and earn when they join and use the platform to obtain your referral link click refer a friend from the bottom left corner of your dashboard click on the copy icon to copy your referral link from the popup and share it with y

our pals well there you have it let us know what you think about the platform after you've signed up with the links we've dropped in the description box below