Music streaming firm Muzika teamed up with blockchain platform Binance to create a blockchain-based music site.
Binance would help Muzika to establish a blockchain-based music streaming platform and to issue tokens. Through the site, artists would get fees from music fans streaming their music through the platform.
Music fans would get incentives for downloading music through the site. The site would help fans pay streaming fees through an easy-to-use payment program.
The two sides would create a blockchain-based music streaming site and create a music ecology for artists and fans.