Quantic School of Business and Technology Executive MBA graduates have made history by launching the world’s first Web 5 Decentralized Autonomous Organization (DAO), the Entertainment Public Blockchain Project (EPBP). EPBP’s goal is to revolutionize the music industry by making it easier to create and manage music catalogs, albums and songs using blockchain protocols.
EPBP founders Patrick Madera, Marcus Harness and Nelson Jacobsen plan to register the company as DAO Blockchain LLC in Wyoming, taking advantage of the state’s favorable tax rules and laws. As DAO, EPBP’s decision-making will be done through code and without any central governing body, making it a perfect candidate for a Web 5.0 company.
The platform will use a content management system to solve copyright ownership and payment issues in the entertainment industry using blockchain technology. The EPBP’s Kreatorscoin is a non-coloured currency linked to intellectual property and incentivized by the system itself which is linked to a stablecoin backed by POT and Copyright. The Kreatorscoin will contain the metadata of entertainment transactions and will be converted into a cryptocurrency through tokenization.
This innovative launch is a significant step towards a value-added network (VAN) using cryptocurrency known as Web 5.0, where currency is pegged to a non-colorful stablecoin. The founders plan to showcase Blockchain, grow the database and community together, and unleash a new era in arts-based economic transformation by reaching pre-DAO investors and potential partners at the annual MusicBiz.org convention and the Metadata Summit.
About Quantic
Quantic School of Business and Technology is a global business school offering MBA and Executive MBA degrees. Quantic’s training and career network provide graduates with marketable knowledge to quickly accelerate their careers. Learn more: visit Quantic.edu
About Altavoz
Altavoz Distribution is a full-service entertainment distribution solution providing physical and digital distribution, marketing and payment. The platform uses tokenized distribution as a service (DaaS) to track music products and sales across private and public blockchains deployed on the Altavozcoin. For more information visit altavozdistribution.com.