Melolink
Wakl to Where Music Reigns Supreme
About
The problem it solves The Reason behind we pulled this problem is Royality licensing and Copyright issues. we giving the rights through 1m multi tokens. Streaming services have revolutionized the way people listen to music, but they have also created new challenges for royalty payments. Streaming services pay artists and songwriters a fraction of a penny per stream, which can make it difficult for artists to make a living from their music. and Physical sales of music, such as CDs and vinyl, have declined significantly in recent years. This has led to a decrease in royalty revenue for artists and songwriters. So here we pointed both listener and artist. With a royalty license, artists can enjoy a consistent and predictable stream of income, providing financial stability. and here the license amount paying through ERC1155 based Smart contract. The distinctive feature of ERC1155 is that it uses a single smart contract to represent multiple tokens at once. and Song also a NFT token so anyone can own the rights of the song. In that case you provide artists with access to industry professionals who can help them with marketing, production, and other aspects of their career. Royalty-licensed music provides access to a vast and diverse use cases of songs.
How it's made
Challenges we ran into One of the primary difficulties when switching from Solidity to a new framework like Sui is the learning curve. Solidity is a well-established and widely-used language for writing smart contracts on Ethereum, and developers are generally familiar with its syntax and best practices. Transitioning to a new language, even if it offers advantages, requires time and effort to understand the new language's features and patterns. Solidity smart contracts are the standard for Ethereum. If you switch to a different language, you might encounter issues with interoperability and compatibility with other smart contracts, tools, and infrastructure in the Ethereum ecosystem. like the potion of multi minting nfts were more difficuilt for us. so we turned in to ERC1155 ethereum network