Music distribution via blockchain

Our token will be essential for:
  • Making a donation
  • Purchasing a song
  • Royalty Payouts

Use of CYMT Token?

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.

Tokensale Stages

Round 1
31/08/2018–15/09/2018

1 ETH = 20,000,000 CYMT

Sold out in 1 day.

Round 2
16/09/2018–23/09/2018

1 ETH = 16,000,000 CYMT

Stopped

Round 3
24/09/2018–30/09/2018

1 ETH = 12,000,000 CYMT

Stopped

Token Structure

Cost of 1 token CYMT: 0.00000005 ETH
Term of token sale: 31 days with the possibility of an automatic early completion in pursuing the final goals of ICO
Expanded goals after start of ICO: Impossible
Total supply 20,000,000,000 CYMT
Adjustable emission: All unsold and unallocated tokens will bе destroyed and additional release оf tokens will not be possible
Secured ways to purchase tokens: Ethereum (ETH)
Hardcap: 600 ETH
70%
Distributed to Community
15%
Reserved Funding
10%
Founders and Team
3%
Advisors
2%
«Bounty» campaign

Soft-cap Budget Allocation

  • 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.

Roadmap

August 2018
Preparing ICO (White paper, website)
December 2018
Release MVP site
April 2019
Integrated wallet on iOS
November 2019
Development of the product for hedging crypto wallets
October 2018
List CYMT on some exchanges
March 2019
Release MVP on iOS
July 2019
Release Android app

Our Team Members

Our Advisors

Exchanges