LionX ecosystem is striving to expose Tronnetwork to the market of music. Lions are looking forward to having a vital role in this process of evolving this industry. Capitol Lion music network is built around the tokenization of music. NFTs will Revolutionize the music industry, cutting out the need for middlemen or intermediaries. This platform is also self governed, which makes it the very first Music DAO on Tron. Any changes or integrations referring to Capital Lions economics, community, and underlying technology has to go through a voting process by The Capitol Lion Music DAO. To become a part of the DAO you must own a genesis NFT. Being a holder of Genesis will grant you the opportunity to acquire voting power within the Capital Lion ecosystem.
Capital lion is exploring opportunities of fractionalizing the ownership of intellectual property rights. Applying NFT standards to a decentralized music environment will be a game changer. This is creating new levels of ownership while connecting creators in communities like never before. Learn more about
The market cap of music related projects in Crypto is $320 million, while the global music streaming market size was valued at $29.5 billion in 2021. The market size is projected to reach $77 billion by 2027.
Tron Network doesn’t have a lot of exposure to this market, but the community of Capitol Lion is seeking to change that. Learn more about Capitol Lion and other LionX projects here.