THELOGICALINDIAN - PRESS RELEASE AscendEX is aflame to advertise the advertisement of the Badge Traxx badge TRAXX Trading will activate beneath the trading brace TRAXXUSDT starting on Mar 21st at 1 pm UTC
Music admirers and cryptocurrency enthusiasts will be able to appoint and abutment their admired artists through Token Traxx in a array of means while administration the profits generated by these artists. By utilizing the Blockchain technology and NFTs, the belvedere will be able to tokenize alone advance and albums, as able-bodied as the advance curated into playlists in the aforementioned way as Spotify, but abnormally commoditized.
In the music industry’s evolution, music creators, curators, and collectors accept an intricate and accommodating relationship. Through the affiliation of NFTs, Token Traxx allows these altered roles to assignment and accumulation together. Unlike added NFT projects, Token Traxx focuses alone on the music industry and its community.
It is accessible to adapt the belvedere acquaintance by browsing music by artist, genre, playlist, and geographic location. To animate its acceptance during alive events, the belvedere is advised with a mobile-first approach. With the platform’s UX, users can ascertain music aloof as calmly as Spotify and acquirement and barter agenda assets with users about the world.
Token Traxx is absolutely advised to advantage the ability of Blockchain technology. Blockchain technology provides NFT with aberration and functionality beyond abounding aspects of the music industry. As NFTs are based on acute contracts, they accommodate creators with added adaptability in interacting with their fans. These customizable NFTs can be traded with added admirers all over the world. Additionally, NFTs can be geocentric, acceptance creators to host NFT auctions at specific alive events. Direct affairs on the blockchain are deeply accounted for, acceptance for absolute capacity of ability payments to NFT holders.
The belvedere has been congenital with a aggregation of admiral and leaders from some of the greatest and best acknowledged almanac labels and alive casework in the world. TommyD, a aggregation affiliate and music industry ample had this to say about the project, “Token Traxx has the befalling to set a new antecedent at the antecedent of blockchain and music, best conspicuously about songwriting and achievement royalties which accept commonly been decidedly lower than those of adept rights holders. We are ambience the date to redefine the industry.”
The TRAXX badge will be acclimated to pay transaction fees for NFTs purchased on the platform. This will additionally accommodate holders with added allowances and can be acclimated as an allurement for the belvedere rewards program. More account functions will be added as the belvedere grows. Badge Traxx is currently exploring DeFi use cases, such as staking, lending protocols, belvedere governance, and enabling alive services.
AscendEX is a all-around cryptocurrency barter with a absolute artefact apartment including spot, margin, and futures trading, wallet services, and staking abutment for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX casework over 1 actor retail and institutional audience globally with a awful aqueous trading belvedere and defended aegis solutions.
AscendEX has emerged as a arch belvedere by ROI on its “initial barter offerings” by acknowledging some of the industry’s best avant-garde projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users accept absolute admission to badge airdrops and the adeptness to acquirement tokens at the ancient accessible stage.
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About Token Traxx
Token Traxx aims to become the arch aperture to acquiesce music admirers and cryptocurrency enthusiasts to appoint and abutment their admired artists in assorted means while administration the banking allotment generated by these artists. The belvedere will do this by tokenizing alone advance and albums in accession to music curated into the anatomy of playlists, agnate to those begin on Spotify but abnormally commoditized application Blockchain technology and NFTs.
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