Muzika Startup Wants to Revolutionize the Music Industry with Blockchain

Three young South Korean entrepreneurs with a track record of successful tech startups have announced a second venture: Muzika. Co-founders Inseo Chung, Sangmin Heo, and Jangwon Lee previously launched Mapiacompany, a music technology platform. Muzika will incorporate blockchain technology to build a music sharing platform that envisions a revolutionary token economy for music that allows fans to engage directly in the production, distribution, and consumption of music.