MetaBeat Price

MetaBeat is a Fan-to-Earn, music community NFTFI (NFT + SOCIAL FI) platform powered by real assets, such as music content itself. Starting with KPOP, MetaBeat will drop community NFT for fans to grow with their artists as their rewards and engagement increase on the platform.

Through fair distribution of rewards for fan activity and empowerment of the community, under DAO governance, MetaBeat aims to become a top web3 music NFT platform.

The $BEAT token serves as the utility token for the MetaBeat platform and is utilized in the following ways:

1. NFT Issuance: Fans can become actual owners within the community by issuing KPOP NFTs through MetaBeat's "DROPS" service. Based on MetaBeat's "FANomance Index," owning KPOP NFTs enables fans to receive monthly rewards in $BEAT tokens. Owning KPOP NFTs grants fans participation in KPOP fan-related events, eligibility for specific KPOP concert tickets, access to Waiting List privileges for exclusive partner events, and voting rights in community governance.

2. Staking: $BEAT token holders can receive rewards by staking their tokens in the 'MINGLE' service. Through 'MINGLE,' fans can stake $BEAT tokens on their favorite KPOP albums and/or tracks to receive rewards and benefits.

3. Voting Rights (Governance): Fans can enjoy various benefits through MetaBeat's "BPOLL" service, including exclusive perks. Participating in BPOLL allows fans to engage in votes related to KPOP stars and select their preferences. Participating in BPOLL grants access to WL privileges, KPOP merchandise, $BEAT tokens, and other mainnet tokens (e.g., MATIC for transferring BEAT to the MetaBeat app for gas fee purposes), enabling greater involvement in the MetaBeat app. Based on these services, it will grow into a DAO (Decentralized Autonomous Organization) governance, giving users more influence over key decisions regarding MetaBeat's operations.

4. Community Engagement: Fans can participate in the KPOP fandom through 'SHOUTOUT' by creating posts related to KPOP stars or uploading pictures with KPOP stars at offline events. Fans can support and endorse KPOP stars through these activities. Additionally, activities like commenting on posts or liking content enable participation. All these fan activities contribute to engaging in a competition to earn $BEAT tokens for supporting the KPOP fandom.

MetaBeat (BEAT) is a blockchain-based platform that revolutionizes digital media creation, sharing, and monetization. It provides a decentralized marketplace for content creators, allowing them to connect with audiences and earn rewards for their work easily. This platform supports various digital assets, including music, videos, images, and other forms of media, which users can purchase from the MetaBeat Marketplace.

The platform is known for its user-friendly interface, offering features like an intuitive dashboard for account management, analytics on content performance, and access to the MetaBeat Marketplace. It also includes tools for content creators to promote their work through social media channels.

A key aspect of MetaBeat is its use of smart contracts and blockchain technology, ensuring secure and transparent transactions. The MetaBeat Foundation plays a crucial role in the platform's growth by providing grants for developers to build applications on its infrastructure and support digital creativity initiatives.

Additionally, MetaBeat has developed an NFT platform backed by real assets and music IP, enhancing the relationship between creators/artists and fans. This platform allows fans to convert their activities into more significant contributions, going beyond just being a hobby.

MetaBeat also incentivizes fan activities with rewards based on the FANomance Index. This unique approach enables fans to support and grow with their favorite artists and music while earning rewards. The platform's ecosystem fosters interactive and rewarding experiences between fans and creators/artists.

The founders of MetaBeat (BEAT) are Danny Jeong and Stephanie Kim. These individuals have played a crucial role in developing and launching the MetaBeat platform, which focuses on creating an incentivized community platform for artists and fans, particularly in the K-pop music industry.

MetaBeat (BEAT) was launched in 2022. The platform announced on August 15, 2022, that it had achieved its target goal in a strategic investment round. This investment round was crucial for the platform's development and expansion, particularly in the Web3 sector.

Since its launch, MetaBeat has made several key developments, particularly in the first quarter of 2023. These developments are centered around expanding their ecosystem, particularly focusing on the K-pop NFT Fan 2 Earn Platform:

1. KPOP x NFT Drop and Minting: MetaBeat has been actively involved in NFT drops and minting, a crucial part of their strategy to integrate K-pop with blockchain technology.

2. Special Edition "Matty" NFT: MetaBeat issued and minted a special edition NFT named “Matty,” which seems to be a significant step in their product development.

3. In-App Marketplace Update: The platform has updated its in-app marketplace, which is likely aimed at improving user experience.

4. FANomance Index Development: This development is crucial for the platform as it underpins the reward system based on fan activities.

5. Single & Group NFT Product Release: The release of single and grouped album NFTs has been a key product development.

6. New Product Settlement Engine Development: This involves integrating copyright data and social data through the FANomance Index.

7. CS Tool Function Development: A beta version of this tool has been completed to handle multiple requests simultaneously, including marketplace orders, auctions, and direct NFT drops to in-app user wallets.

For the second quarter of 2023, MetaBeat had several projects in progress, including a contract with NEOPIN for the WEB3 wallet and BEAT token swap pool, participation in the "GLITCH" blockchain & NFT HACKATHON conference, sponsoring a fan meeting involving KPOP artists from WM entertainment, and several other initiatives related to app development and marketing collaborations.

Fans can use BEAT tokens to support their favorite artists and get involved in their development through various activities like content creation and social media promotion.

Additionally, BEAT tokens are rewarded to users for their contributions to promoting artists, including music performances on charts, streaming sites, and live shows. Users can also stake their BEAT tokens and participate in community governance on the MetaBeat platform.

You can also trade MetaBeat token on the KuCoin Spot Market against other cryptocurrencies to make the most of changing market conditions and volatility. Buy or sell $BEAT or HODL if you believe in the long-term potential of the MetaBeat project. Remember to enter any new trades in the crypto market only after you DYOR.