Megalodon Partners with CasperLabs to Launch Dmusic, Streamlining the Music Industry with a New Kind of NFT Platform

The platform, powered by the Casper blockchain, will offer musicians greater autonomy over their work and more direct interactions with fans.

Featured image for Megalodon Services Limited

Featured image for Megalodon Services Limited

Featured image for Megalodon Services Limited

MIAMI, Jan. 19, 2022 (GLOBE NEWSWIRE) — Megalodon, a management consulting firm, has partnered with CasperLabs, a leading blockchain software company for the enterprise market, to jointly launch Dmusic, a token recording non-fungible digital (NFT) store. In partnership with Haute Living, Dmusic will create more direct and valuable interactions between musicians and fans to simplify how artists can create and deliver NFTs to their supporters in a compliant manner through their own channels (e.g., websites website).

Dmusic will allow musicians to create and list music NFTs on the Casper network, as well as integrate portfolios and create experiences that enable new revenue models and fan engagement. CasperLabs provides support to organizations that rely on the Casper Network, a scalable enterprise platform that adapts to growing business needs without compromising security or performance. CasperLabs and the Casper Network provide Dmusic with a trusted blockchain for enterprise-level requirements and a scalable infrastructure that fuels Dmusic’s innovation.

The limited edition musical NFTs will be the first assets offered by Dmusic artists.

Kamal Hotchandani, CEO of Haute Living and co-founder of Dmusic, said:

“At Dmusic, we believe that those who create music and art want innovative and reliable ways to share their work with the world. Leveraging Casper helps us forge stronger bonds between artists and fans, and enables new revenue models, including tiered access, direct one-to-one interactions, and perhaps even revenue sharing We will help creators embrace blockchain technology so they can fully participate in the commercialization of their work.”

Dmusic not only focuses on high-profile artists, but it will also allow independent artists to use NFT technology for fan engagement in a compliant manner while fans can experience a payment process easy when acquiring their NFTs. Dmusic also provides technology for indirect tax compliance on the sale of NFTs and prioritizes the positive environmental aspects of offering digital assets.

Thomas Arnould, manager of various French artists and co-founder of Dmusic, said:

“As a former manager of several award-winning artists, I believe that technology, such as NFT, is important to the way artists interact with their fans. At Dmusic, we believe that this technology not only empowers high-profile artists, but also independent artists, because we allow them to make a deeper connection with their fanbase through NFTs.In my opinion, the growth in the use of NFTs in the music industry does not can be ignored and will continue to evolve.At Dmusic, we welcome artists who wish to use NFTs for fan engagement in a compliant manner.

CasperLabs offers Dmusic a trusted blockchain platform for high-profile musicians who want to “own their own digital record store” and interact more directly with their fans. Powerful music innovators expect the simple, frictionless customer experience that CasperLabs delivers to premium brands and discerning shoppers looking for quick access to exclusive offers and experiences.

Cliff Sarkin, COO of CasperLabs, said:

“It’s no secret that other music technologies, and streaming in particular, have created more and more distance between artists and their fans, and given musicians less control over their own work. blockchain is different.At CasperLabs, we believe creators should have That’s why we’re working with Dmusic to create a blockchain-based plugin to allow musicians to create and offer their work directly to consumers as than NFT, eliminating the middleman and giving power back to the creator.

No offer, solicitation, investment advice or recommendation

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy or a recommendation for any security, nor an offer to provide investment advice or other services by Dmusic or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security. Nothing in this release should be construed as a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide investment advice or services to any person in any jurisdiction. Nothing in this release constitutes investment advice or offers an opinion as to the suitability of any security, and any views expressed in this release should not be considered advice to buy, sell or holding securities. In preparing the information contained in this press release, we have not taken into account the investment needs, objectives and financial situation of any particular investor. This information does not take into account the specific investment objectives, financial situation and special needs of any specific recipient of this information and the investments discussed may not be suitable for all investors. All opinions expressed in this release by us have been prepared based on information available to us at the time such opinions were written. Changed or additional information may cause these views to change. All information is subject to possible corrections. Information can quickly become unreliable for a variety of reasons, including changes in market conditions or economic circumstances.

Dmusic is not a registered broker, funding portal, underwriter, investment bank, investment adviser or investment manager, and does not provide brokerage, investment banking or underwriting, recommendations or investment advice to anyone, and does not provide brokerage services. . Dmusic does not engage in the negotiation or execution of transactions on the secondary market for the purchase or sale of securities and, at no time, is in possession of funds or securities of investors in the framework of these operations.

About Dmusic

Dmusic is an NFT digital record store offering high profile and indie musicians the opportunity to interact directly with fans by releasing limited edition musical NFTs through its platform. Casper provides Dmusic with a trusted blockchain for enterprise-level requirements and a scalable infrastructure that fuels Dmusic’s innovation. Dmusic will list and create music NFTs on the Casper network, integrate portfolios and create experiences that are a marketer’s and musician’s dream. For more information, visit: https://dmusic.io.

About Casper Labs

CasperLabs, a leading blockchain software company for the enterprise market, is reinventing blockchain for enterprises with a scalable solution. The company also provides development, support and consulting services to organizations relying on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among enterprises and providing developers with a trusted and secure framework to build private, public, and hybrid blockchain applications. Its team has deep experience in enterprise technologies with a total of 100 years of enterprise experience, coming from organizations such as Google, Adobe, AWS, Dropbox and Microsoft. To learn more, visit https://casperlabs.io.

About Haute Living

Haute Living is a leading luxury lifestyle publication and media conglomerate comprising a collection of print, web and social media. Through the collaboration of internal print, online and event departments, Haute Living is able to strategically maximize editorial content and expand its global presence in digital markets and beyond in key cities in the States. United and overseas. For more information, go to: https://hauteliving.com.

About Megalodon

Megalodon is a boutique management consulting firm. The firm specializes in fintech-focused advisory services, including payment systems, digital assets, NFTs and (digital) securities. For more information, please visit: https://megalodon.ae.

Media contact: [email protected]

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