Direct listing of etm at the Lykke exchange
ETM – Musereum Token
Token
Specification
Project
Description
Economic
model
Legal Nature
of the Token
Purchasing
Instructions
Musereum token – ETM – is an ERC223 Ethereum token initially, that will be converted to native token on Musereum PoA blockchain with the launch of the main network.

Issuing company
Musereum Pte.Ltd., registered at 22 North Canal Road, #02-00, Singapore

Functionality of token
Internal payment token within the Musereum ecosystem. Use cases include purchasing IP rights in music, obtaining commercial licenses, paying to third party service providers and using it as gas for third party dapps using Musereum blockchain.

Technical characteristics
While at the moment ETM token is a smart-contract deployed in the Ethereum network, the project will migrate to independent blockchain, based on the Ethereum protocol, but using a hybrid Proof-of-Authority consensus mechanism. The test network of this blockchain is already operational, and the main network is expected to be launched by the end of the second quarter of 2018.

Musereum is a decentralised platform for automation of transactions within music industry and full tokenisation of IP rights in music

Musereum platform consists of 5 key elements unified by the ETM token serving as a common mean of payment. These elements are:

1. Tokenisation of IP – information on the ownership of IP rights is registered in the blockchain as music tokens, which can be transferred to another users, who become co-owners of IP rights. This allows for initial music offerings – public sales of shares in IP rights represented by tokens;

2. Decentralised labels – co-owners of IP rights in an individual music track collectively manage their rights via the voting smart-contract.

3. Smart licensing – a marketplace where commercial licensees can pay royalties in ETM for licenses to the commercial use of music presented at the platform, with royalties being instantly distributed among all the rights owners;

4. Service marketplace – providers of services relevant to the music industry (promotion, video production, marketing, music management) offer their services to the platform users for ETM.

5. Soundchain streaming – music presented at Musereum automatically gets offered to listeners for free, while the rights owners of this music get paid by Musereum on a pay-per-play basis.
Musereum aims to build economically sustainable ecosystem, that will not depend on the short-term hype around blockchain projects
To this purpose our team of financial advisors has developed a conservative economic model for determining the key economic factors of the ecosystem based only on the already available market data on income generated by intellectual property in music industry.
At its core Musereum is a legal tech project, and legal aspects are taken seriously.

Our lawyers with the assistance of Shekhovtsov & Partners law firm has conducted a thorough legal research on the legal nature of the ETM token under the regulation of the European Union, Singapore and the Netherlands.

ETM token is listed and can be purchased directly from Musereum at the Lykke Exchange.
0. Check our bonuses for early purchasers below to decide on the amount to purchase;

1. Download the Lykke Wallet app from App Store or Google Play;

2. Register an account and go through necessary KYC procedures;

3. Deposit funds in ETH, BTC or USD to your wallet;

4. Find ETM token at the trading wallet tab;

5. Choose the 'Buy' option;

6. If you wish, you can transfer ETM from the trading wallet to you private wallet for additional security;

7. Congratulations, you are now a member of a new ecosystem!

Token Distribution
250 000 000 ETM

are to be created
+25М per year
are generated and distributed by Pay-per-Play
via Soundchain Foundation
100M
10M
25M
15M
100M
Early 2018, offered via
pre-sale + direct listing

Fixed price:
1 BTC = 50,000 ETM
Mid 2018,
direct listing

Price will depend on
the current market price
For the
developing
team
For advisors and
bounty hunters
2020, auctioning.

Distribution over
the course of 3 years.
Bonuses for early purchasers
Musereum Skills
Instead of offering monetary bonuses that are known to create speculative interest and unhealthy market behaviour, Musereum features a set of 'skills' – privileges for early purchasers of ETM tokens. Multiple skills can be chosen, each granting its owner to use special functionality of the system.

Skills are divided into skill trees, based on the expected role of the user in our ecosystem. It is possible, however, to combine skills from different trees if you feel like it.

Each skill has a cost, ranging from 1 to 3 points; a maximum of 15 points can be acquired. To acquire a skill, you shall purchase enough ETM tokens to get necessary points, and then tell us which skills you need. Skills will be granted with the launch of the main network, and you would have to hold your tokens until the network is operational.

Important note: to acquire skills, ETM shall be purchased directly from Musereum, not from other users!
Up to 1000 ETM - 1 skill point

1,000 ETM – 2 points – Level 1 skills are unlocked
5,000 ETM – 3 points
10,000 ETM – 4 points

17,000 ETM – 5 points – Level 2 skills are unlocked
25,000 ETM – 6 points
35,000 ETM – 7 points

50,000 ETM – 8 points – Level 3 skills are unlocked
75,000 ETM – 9 points
100,000 ETM – 10 points
150,000 ETM – 11 points

250,000 ETM – 12 points
500,000 ETM – 13 points
750,000 ETM – 14 points
1,000,000 ETM – 15 points

Skill Trees
General
Listener
Creator
Insider
Developer
This skill tree allows general privileges for users who use Musereum platform to purchase and trade IP rights, and use ETM tokens for music-related payments.

Early access to offering information – 1 point
This skill gives you early access to the information on the upcoming dapp token and music offerings to be conducted on the Musereum platform.

Music offering priority access – 2 points
Music offerings conducted at Musereum platform will have a limit for the number of participants and for the total amount of ETM collected. This skill ensures you get a place in the white list of pre-approved IP purchasers for the amount of ETM not exceeding half of your initially purchased ETM tokens.

Elevated token sale statistics – 2 points
This skill gives you access to detailed reports on the music offerings and dapp token offerings conducted on the Musereum platform.

Dapp tokens priority access – 3 points
Similar to the music offering priority skill, this skill will grant you a pre-approved place in the white list and early access to offerings of third party dapp tokens on the Musereum network for the amount of ETM not exceeding half of your initially purchased ETM tokens.

Early access to platform development information – 3 points
This skill gives you early access to the information on the upcoming business integrations and development plans of the Musereum platform.

This skill tree is focused on those who use the platform to access the content and focuses on the improvement of consumer experience.

Platform customization – 1 point

This skill allows you to adjust the platform to your taste, creating a custom page and getting access to additional UI tweaks.

Reposter badges – 2 points
This skill allows you to become a reposter. Reposters help spreading the music by creating and sharing links to it; they get a share of the pay-per-play ETM tokens every time the music is listened to via their link. The amount of ETM to be paid depends on the reposting rate of the track; the less popular music you are helping to spread, the more remuneration you get per listen.

Priority promo access – 2 points
This skill allows you to get priority access to promo campaigns conducted by the musicians on the platform.

Distributor badges – 3 points
This skill allows you to become a distributor – a reposter who can create custom playlists and receive increased compensation on the pay-per-play basis.

Creator communication – 3 points
This skill allows you to connect with the musicians registered at the platform.

The second skill tree is focused on content creators – authors and musicians – who wish to register their IP rights on our platform. This skills aim to facilitate audience reach and monetization of their content.

Consulting on music offerings – 1 point

This skill allows you to consult the Musereum development team on your upcoming music offerings.

Soundchain priority – 2 points
This skill allows your music to get priority placement in the Soundchain player.

Collaboration – 2 points
This skill allows you priority access to collaboration with other creators and service providers.

Reposter priority – 2 points
This skill increases the pay-per-play compensation for reposters who share your music, increasing your audience reach.

Distributor priority – 3 points
This skill increases the pay-per-play compensation for distributors who include your music in their playlists, increasing your audience reach.

Service marketplace discounts – 3 points
This skill allows you to get discount from service providers at the Musereum service marketplace.

This skill tree focuses on the professional from the music industry, who use Musereum platform to offer services to other platform users.

Insider badge – 1 point
This skill is required to offer your services at the Musereum service marketplace and engage in the ecosystem.

Reduced fees – 2 points
This skill gives allows you to reduce fees paid from transactions at the Musereum service marketplace.

Legal bounty – 2 points
This skill allows you to increase compensation for reporting bugs in our legal framework.

Licensing information – 3 points
This skill allows you to get access to detailed reports on the state of the licensing market on Musereum platform and its trends.
The first skill tree is focused on software developers, who intend to use our blockchain platform as the basis for the dapps and projects of their own design. This skills enable a more convenient development process and certain privileges in relations with the Musereum development team.

Developer badge – 1 point
This skill is required to gain access to the development of music dapps for the Musereum blockchain.

Gas compensation – 2 points
This skill allows you to get a compensation for the gas spent on the dapps you develop, equal to the amount if ETM purchased.

Elevated bug bounty – 2 points
This skill allows you to increase compensation for reporting bugs in our code.

Third party bug bounty – 2 points
This skill allows you to get compensation for reporting bugs in third party dapps on the Musereum blockchain.

Development team consulting – 3 points
This skill allows you to consult with the developing team on the development related issues.

Dapp priority audit – 3 points
This skill gives you a priority right to get your dapp reviewed and audited by the Musereum development team.
Trading ETM on Lykke Exchange
Lykke is a global regulated marketplace on the blockchain.
ETM MARKET OVERVIEW
Last price
Change 24h
Volume 24H
Circ.Supply
0.00002 BTC

+0.00 %
0 BTC

10'000'000 ETM

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