What is HUMAI and what does it solve?
HumAI is an innovative platform that aims to revolutionize the music industry by integrating artificial intelligence and blockchain technologies. Designed to serve both amateur and professional musicians as well as music lovers, HumAI offers a comprehensive set of tools for creating, composing, publishing, and selling music. By leveraging artificial intelligence, the platform simplifies the music-making process and introduces a new realm of creativity for artists. On the consumer side, it provides a rich library of diverse music genres, making it easier for users to discover, listen to, and purchase music. One of the standout features is the use of blockchain technology to manage copyrights through smart contracts and to create non-fungible tokens (NFTs) for each musical work, thereby ensuring ownership and facilitating trading. With a mission to create a decentralized, secure, and fair music ecosystem, HumAI aims to solve longstanding problems in the music industry, such as supporting musicians’ creativity, increasing their income, and enriching the experience for music lovers.
- Token name: HUMAI
- Token symbol: $HUMAI
- Total supply: –
- Total circulation Supply: –
- Trading pair: HUMAI / USDT
- Trade time: 9 October 2023, 20:00 (UTC+8)
- Withdrawal time: 10 October 2023, 20:00 (UTC+8)
What are the utilities of HUMAI?
The HUMAI token serves multiple utilities within the HumAI ecosystem:
- Primary Value Carrier: HUMAI is the primary value carrier of the platform and is used in all economic activities within the ecosystem.
- Development Funding: 40% (200 million) of HUMAI tokens will be used for the development of the platform. These tokens will be awarded to developers, advisors, partners, and supporters.
- User Incentives: 30% (150 million) of HUMAI tokens will be distributed to users as incentives. These tokens will be given to musicians and music lovers for activities such as producing music, composing, publishing, selling, buying, listening, recommending, commenting, and sharing on the platform.
- Platform Stability: 20% (100 million) of HUMAI tokens will be allocated to the platform’s reserve fund to ensure its security, stability, and liquidity. These tokens will also be used to finance new projects for the development and improvement of the platform.
- Team Rewards: 10% (50 million) of HUMAI tokens will be allocated to the founders and team members as a reward for their efforts during the establishment phase.
- Revenue Generation: HUMAI tokens will be used in various revenue streams like music sales, music subscriptions, and NFT sales. A commission from these activities will be used for the development and operation of the platform, and some will be distributed as incentives to users.
What does the project ecosystem include?
The ecosystem of the HumAI project includes several key components:
Artificial Intelligence: HumAI leverages AI technology for music creation, composition, and personalization. It offers tools for both amateur and professional musicians to create and publish their works.
Blockchain Technologies: The platform uses blockchain to manage copyrights through smart contracts and to create non-fungible tokens (NFTs) for each musical work, ensuring ownership and facilitating trading.
Mobile Applications: HumAI is designed as a mobile application available for both iOS and Android platforms, allowing music lovers to listen to music anytime and anywhere.
Website: In addition to the mobile application, HumAI also has a website that offers similar functionalities.
Music Library: The platform hosts a wide range of music genres. Users can search for music, listen to it, and even buy it.
Music Recommendations: AI-driven recommendations help users discover music that suits their tastes, moods, and listening history.
Personalization: Users can create their own music profiles, rate music, comment on it, and add it to their favorites.
HUMAI Token: The platform has its own token, HUMAI, which is the primary value carrier and is used in all economic activities on the platform. It is designed in accordance with the ERC-20 standard and operates on the CRC network, with support for the BSC network as well.
Revenue Sources: HumAI has multiple revenue streams, including commissions from music sales, music subscriptions, and NFT sales.
Token Distribution: The total supply of HUMAI is 500 million, with allocations for development, user incentives, platform stability, and team rewards.
HUMAI Official Media
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