PlayTreks goes one step further by opening up a whole new market to create and buy NFTs; and presents their new TREKS cryptotoken.
– Chris Payne
HASSELT, BELGIUM, October 27, 2021 /EINPresswire.com/ – As a data analytics platform, PlayTreks delivers powerful insights from streaming, social media and content sharing platforms. By gathering, comparing and analyzing performance data from streaming and social platforms, PlayTreks empowers its users to take control over their entire careers. Plus, with radio broadcast monitoring, PlayTreks gives its users the ability to track when and where their music is playing, anywhere in the world, in near real time. And, in addition to being a data analytics platform, PlayTreks offers music distribution where artists are guaranteed 100% of their royalties for a small subscription, digital, blockchain-based certificate of ownership.
And now they are going even further.
The company is opening the door to welcome users to their new blockchain-based marketplace. The playground, as it is also called, will feature PlayTreks’ own crypto-token, TREKS, which offers its users the ability to create, buy and sell NFTs.
The market allows artists, producers and record labels to create, trade and monetize works across the world of NFTs. As this blockchain-based marketplace is built for music and content sharing, PlayTreks has created a path for creators to upload music to all traditional streaming platforms, and now with the brand new market, a new one. path gives users automatic access to the blockchain. market based. The best of both worlds, right?
Chris Payne, Face Fade To Gray co-author and PlayTreks Ambassador, said: “Historically, change has always been a little scary. Moving from a system that may have worked well for years (if not centuries) but had to evolve due to our This is the case with what I have heard other musicians and composers call “l ‘Jurassic Music Industry’. to understand how it works. Personally, I see it as a huge benefit to the industry. So if like me you welcome change, especially to the benefit of writers and performers, don’t be afraid to embrace this new horizon. ”
Before we get into the details of how this wonderful new marketplace works, watch the video below to get a little insight into the brand new marketplace based on the PlayTreks blockchain.
“We wanted to be a platform where content creators, DIY artists, art creators, video producers and anyone who wants to share content with the world can monetize and earn much more than platforms. traditional forms, ”says Anjo De Heus. , CEO of PlayTreks. The fact that everything PlayTreks does is data driven, as well as market driven, is a game changer. Identifying the value of an NFT based on artist popularity, number of subscribers, and other metrics gives the price of NFT a whole different meaning.
The PlayTreks Marketplace is designed to accommodate NFTs, where anyone can buy, sell, or trade non-fungible tokens. Not only that, but this playground also offers the opportunity to create collectibles and crowdfunding projects. And guess what, it doesn’t end there.
PlayTreks designed a tool to make it easier for social media users, such as those on Instagram or TikTok, as well as creators of short video content, among others, the freedom to claim the right to use an original track. How it works? Well, it is very simple. In the PlayTreks Marketplace, there is a tool that allows users to micro-sync works. With a single click, a buyer or licensee can temporarily use a lead by paying the owner of the NFT a lump sum, which can be set by the owner himself, depending on the value he sees fit.
And to top it off, the average full NFT transaction fee in the PlayTreks marketplace is only 2.5% to 3%, a very popular percentage compared to other markets.
To support the market, PlayTreks has its own custom token, TREKS. With an initial value of $ 0.05, TREKS is an efficient payment method that market users can use to create and purchase NFTs. And the best part is that no technical knowledge is required. Why? Because the PlayTreks marketplace guarantees total trust and transparency to all of its users.
Are the marketplace and TREKS a closed environment? Not at all! TREKS will soon be listed on Coinsbit and will soon be centralized on other cryptocurrency exchanges. Additionally, TREKS can be traded with other tokens on the Ethereum and Polygon networks. With more networks to be added very soon!
Oh, and there is a total supply of 10 million TREKS available! Cool eh?
And after? Well, PlayTreks will also launch XTREKS to make more exclusive features available in the market. With XTREKS, users can vote for the top and / or top songs on the charts and increase the royalties for used sales from 2.5% to 3%, on demand. It must be said that XTREKS will only be put into play at TREKS, and of course, they can be purchased on the same PlayTreks market.
Anjo de Heus
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