Use of CyberMusicToken
The Cyber Music Token (symbol: CYMT) will be used as currency within our platform, and will therefore be used for donations, purchases. Using the Ethereum blockchain our community will be able to receive payments safely and quickly, thus eliminating the annoying problems and slowness of the fiat currencies.
Key to success
Cyber Music will be the new point of reference for the music market and will be fully developed using the technologies that the blockchain has available. Using the blockchain affords Cyber Music with the means to be decentralized and be more community – based compared to its competitors. Currently viewing a music video is via YouTube, listening and streaming is via Spotify, marketing is on iTunes or Beatport and advertising is on social media. Cyber Music aims to solve this problem once and for all.
1 ETH = 20,000,000 CYMT
1 ETH = 16,000,000 CYMT
1 ETH = 10,000,000 CYMT
- 30% Product Development
Product development according to the roadmap.
- 36% Marketing, sales, merchant acquisition & partnerships
Expenses for attracting the retailers to the platform, making partnerships with payment providers, website builders, loyalty programs services providers and other partners.
- 12% Operations
Operational costs, non-tech staff salaries.
- 6% Legal
Company and subsidiaries establishment, contracts with the retailers, development of legal opinions about the entire stack of BitRewards services and retailers’ operations, etc.
- 16% Management
C-level executives salaries.