Emanate price is $0.00520411
As of the most recent data, Emanate (EMT) is trading at $ 0.00520411, which represents a increased of +0.00% over the past 24 hours. The market capitalization currently ranks at #2208, with a market cap of $ 0.8M. Emanate's trading volume in the last 24 hours has been 52.2.
Emanate is an innovative music-technology platform that utilizes blockchain to benefit artists and the music industry overall. It emphasizes artists, creativity, and collaboration, with the goal of driving transformational change within the industry. The platform enables musicians to engage in smart-contractual collaborations, which streamlines the creative process and helps them monetize their work more effectively.
The concept of 'Smart-collaborations' is central to Emanate's platform. It allows artists to collaborate seamlessly and in a trustless fashion, meaning that they can work together without the need to trust a middleman. These smart contracts are set to ensure that all involved parties agree to the terms of the collaboration and receive their share of the proceeds automatically and fairly.
The MN8 Audio Exchange Protocol, or AEP, is the backbone technology of the Emanate platform. It serves as a repository for new music before it distributes to other channels or devices. The AEP aims to ensure that all music on the Emanate platform is fairly compensated and trace-able, fostering an environment where music can be shared and monetized in a way that is beneficial to artists.
Emanate stands out in the blockchain space by focusing specifically on the music industry. It's not merely a streaming service; it's a collaborative platform that allows artists to work together and be compensated in real time. Its aims are broad but focused: using blockchain technology to promote trust, collaboration, and efficient payout methods.
As of the knowledge cutoff, the website does not specifically list the founders or team members. However, the success of such a platform would typically be led by individuals with a blend of music industry experience and technical blockchain expertise.
Emanate disrupts the traditional music industry model by providing an alternative that is fair, transparent, and artist-centric. It enables instant payments to artists, proportional to the actual consumption of their music. This could potentially eliminate many of the inefficiencies and middlemen that currently exist within the industry.
Technology upgrades and developments are crucial to the success of any blockchain platform. Though specific upgrade mechanisms for Emanate are not detailed, advancements would likely involve community governance or a dedicated team working to improve the platform, ensure security, introduce new features, and maintain system integrity.
The circulating supply of Emanate (EMT) is 149.3M, while the total supply is expected to be 208.0M. These figures are important as they can affect the price and valuation of the token.
Emanate's role in artist collaboration is to provide a blockchain-based platform where artists can work together without the need for intermediaries and be assured that they will be paid fairly and promptly for their contributions to a project.
Emanate (EMT) can be purchased on various cryptocurrency exchanges. The list of available exchanges includes Hotbit. Always ensure you are using a reputable platform and that you secure your investments appropriately.
To keep your Emanate (EMT) tokens safe, you should use reliable hardware or software wallets that offer robust security features. Always make sure to secure your private keys and use two-factor authentication where possible on exchanges. It's also wise to stay informed about the best practices for securing cryptocurrencies.
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