With its antiquated business model and closed system, the music industry is poised for a blockchain disruption. Enter Dropd, where artists will be able to create, promote, distribute and monetize their music without the need for an agent or a record label. Dropd users will be able to crowd promote and re-drop songs to their followers both inside and outside of the application. Dropd will enable both artists and listeners to directly connect, interact, discover and participate in a visionary music platform.
Dropd 2.0 is a music application that will use an open-source cryptographic token, symbol DPD. It will launch off the Tokenlab ICO creation platform on the Expanse.Tech blockchain.