Problem and Solution
Key Problems in the Music Industry
Lack of Ownership In traditional systems, rights are usually controlled by record labels, publishers, or streaming platforms. Artists often have little authority over how their work is used, distributed, or monetized. This lack of control discourages independent creators and weakens long-term sustainability.
Low Monetization Despite generating billions in revenue globally, streaming services pay artists only a fraction of what their music earns. On platforms like Spotify, many musicians earn less than $0.001 per stream, with payments often delayed for three to six months and reduced further by intermediaries. For most independent musicians, this results in annual earnings of less than $400, which is not enough to sustain a career.
Limited Access to Music Creation Producing professional-quality music typically requires expensive studios, software, and technical knowledge. Independent musicians and students often lack access to these resources, leaving them excluded from opportunities to compete in the global music economy. In countries like Indonesia, where there are over 20 million independent musicians, most remain stuck sharing music on social platforms without real economic value.
Our Solution
AI-Powered Music Creation Myusic AI provides accessible and intuitive AI tools that allow anyone—from beginners to professionals—to create professional-grade tracks within minutes. This lowers barriers to entry, enabling broader participation in the creative economy.
On-Chain Ownership via NFTs Every track created on Myusic AI can be minted as an NFT, stored securely on decentralized networks such as IPFS. This ensures transparent, immutable proof of ownership, giving creators full control over their intellectual property while enabling global discoverability.
Decentralized Monetization Through blockchain-based smart contracts, artists can sell, license, and distribute music directly to fans, collectors, and brands. Royalties are distributed instantly and automatically, reducing reliance on intermediaries and ensuring fairer, faster compensation. Music also becomes a tradable digital asset (RWA), opening new pathways for investment and collaboration.
By solving the ownership, monetization, and access problems, Myusic AI redefines how music is created, owned, and monetized. It transforms the music industry into an open, inclusive, and sustainable digital ecosystem, where artists can thrive independently and fans can directly support and participate in the creative process.
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