The blockchain-based platform gives an opportunity to discover, support and co-own hits. It’s the perfect place for talents to be heard, and for the community to join the music industry, co-own creative product and get the benefit!
We are excited to introduce Younk, a project which sees blockchain technology as the way to ‘free’ artists financially, just as digital technology freed them from publishing and distribution.
Global Recorded Music Industry Revenues (US$ Billions)
Data from IFPI Global Music Report 2018. The forecast from Goldman Sachs Report 2018.
Community funded, collectively owned
Listens to demos and rates the talents
Votes with tоkens
Final creative product is being released and promoted
Distributes revenue using smart contract
Discover hits and co-own success to create a great music collectively
Younk is a decentralized and transparent community-based label where artists get noticed and supported directly by the community. The community fuels the selection and supports new superstars, co-owning creative products and benefiting from it.
Is the tоken supply fixed?
Tоken supply is limited, no more additional YNK tоkens will be issued.
What happens to unsold tоkens?
All unsold YNK tоkens will be burned.
What kind of tоken is YKN? Is it Ethеrеum compatible?
YNK is a standard ЕRC20 Ethеrеum tоken.
What is the minimum investment?
100 YNK, price per tоken is $0.1.
Where I can learn more about younk?
You can learn more about our project by reading our White Paper and following our social media accounts for news and updates.
What is YNK?
YNK can be used to support the production of songs selected by the community in exchange for co-ownership of master rights, as well as purchase master rights from other users. YNK is a utility tоken and serves as the only internal currency for all payments and transactions on the platform.
What is the total emission of YNK?
450,000,000 tоkens will be issued.
What is the legal status of YNK?
YNK is a utility tоken.
What problem is younk solving exactly?
It gives the people access to the music industry and allows supporting up-and-coming artists.