K-Wave Business Talk: The Future of Music with Chong Young Sung, CEO of MeMusic

About MeMusic

The music industry faces significant challenges, including a lack of transparency in revenue distribution, unfair artist royalties, and limited direct fan engagement. Artists often struggle to retain control over their creative works, with intermediaries taking a large portion of earnings. Fans, on the other hand, are typically passive consumers with little opportunity to support or benefit from the success of their favorite artists beyond traditional methods like streaming or purchasing music.

MeMusic, a groundbreaking Web3 music platform, offers a solution by leveraging blockchain technology to decentralize music ownership and revenue streams. Artists can maintain control of their work, set fairer royalty structures, and interact directly with fans. Fans, in turn, can become more involved by investing in music, gaining a share of future earnings, and accessing exclusive content. This creates a more transparent, equitable, and engaged ecosystem that benefits both artists and their supporters.

About Chong Young Sung

Chong Young Sung is the CEO of MeMusic, a Web3-based music platform that aims to revolutionize the music industry through blockchain technology. With extensive experience in blockchain development and consulting for over 10 companies, he has played a key role in shaping MeMusic’s vision of decentralized music ownership, fair royalties for artists, and enhanced fan engagement.

In addition to his leadership at MeMusic, Chong Young Sung has been involved in blockchain design and development, making him a crucial figure in the platform’s innovative approach to the music ecosystem.

REGISTER NOW!