Gala Music is a decentralized platform leveraging blockchain technology to empower artists and enhance fan engagement. It offers a free-to-listen experience where users can support artists and interact with their content, earning rewards such as digital track collectibles, concert passes, branded merchandise, exclusive artist interactions (like meet and greets, video messages, VIP tickets), digital goods, and physical memorabilia.
The platform utilizes the $MUSIC token, a utility token that governs transactions within the ecosystem. Users can acquire $MUSIC by purchasing music 'Tracks' and/or operating 'Gala Music Jukebox Nodes'—nodes that host music on the platform. The emission of $MUSIC is managed by a bonding curve designed to balance supply with the token's utility and demand.
Gala Music aims to disrupt the traditional music industry by providing accountability and direct access between fans and artists, fostering a creative revolution where creators and listeners can connect and take control of their experiences together.