About Music Protocol
Music Protocol is a modular Layer 1 blockchain designed by and for the music industry. Music Protocol transforms static music intellectual property into flexible, programmable assets. This approach generates profit and fractionalized income and licensing across the digital landscape, creating significant financial returns. By leveraging blockchain technology, we facilitate direct connections between artists and consumers, opening new avenues for fan engagement (gaming and metaverse), innovation (AI), and financial growth (RWAs). The music industry’s core asset, intellectual property, is valued at over $700 billion. - Total gross revenues in the music industry were around $70 billion in 2021, expected to rise to $153 billion by 2030. - Global recorded music revenues grew 9% to $26.2 billion in 2022. - Streaming revenues accounted for 67% of total revenues in 2021, growing by 11.5% to $17.5 billion. - New technologies like blockchain and AI have the potential to positively disrupt the industry, benefiting labels, artists, distributors, startups, and investors.
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Market Stats
Market Cap
$580,688.79
-4.65%
FDV
$1,097,653.51
Circulating Supply
529,027,407.294 RECORD
Max Supply
1,000,000,000 RECORD
Total Supply
1,000,000,000 RECORD
Diluted Valuation
$1,090,572.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$4,245.63
-0.58%
Volume (7D)
$52,112.75
Volume (30D)
$191,865.71
All time high
$0.0200
Overall Price Change (1Y)
-0.9%
Additional info about Music Protocol
Recent trends
The price of Music Protocol has increased by 0.64% in the last hour and decreased by 5.04% in the past 24 hours. Music Protocol’s price has also risen by 72.71% in the past week. The current price is $0.0011 per RECORD with a 24-hour trading volume of $4.25K. Currently, Music Protocol is valued at 94.52% below its all time high of $0.0200. This all-time high was the highest price paid for Music Protocol since its launch. The current circulating supply of Music Protocol is 529,027,407.294 RECORD which means that Music Protocol has as total market cap of $580,688.79.
Market details
RECORD vs markets
↘ 92.6%
RECORD vs BTC
↘ 93.88%
RECORD vs ETH
↘ 84.16%
Tags
defi
real-world-assets
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0xE642657E4F43e6DcF0bd73Ef24008394574Dee28 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0011 | ↘ 5.04% |
1 Day | $0.0012 | ↘ 5.04% |
1 Week | $0.000631 | ↗ 72.71% |
1 Month | $0.0012 | ↘ 11.42% |
1 Year | $0.0114 | ↘ 90.41% |
FAQ
We update our Music Protocol to USD currency in real-time. Get the live price of Music Protocol on Coinbase.
The current market cap of Music Protocol is $580.69K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Music Protocol is $0.0200. This all-time high is highest price paid for Music Protocol since it was launched.
Over the last 24 hours, the trading volume of Music Protocol is $4.25K.
Assets that have a similar market cap to Music Protocol include OpenDAO, Ouroboros, DOJO Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Music Protocol is 529 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3439
Contributors
13
Posts
16
% About Music Protocol
0.004%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
3.8 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
13 unique individuals are talking about Music Protocol and it is ranked #3,439 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Music Protocol has an average sentiment score of 75 out of 5. Finally, Music Protocol is becoming less newsworthy, with 0 news articles published about Music Protocol.
On Twitter, people are mostly bullish about Music Protocol. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Music Protocol. 0% of tweets were neutral about Music Protocol. These sentiments are based on 3 tweets.
On Reddit, Music Protocol was mentioned in 2 Reddit posts and there were 4 comments about Music Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.