Moozicore uses its own token based on blockchain ethereum ERC-20 as its ecosystem element. To put it in technical terms, Moozicore is a dAPPs product. The token used and saved in blockchain is changed into an inside controlling instrument, with which the users can make use of the functionalities of the app. Moozicore also researches how blockchain can be used to store and interact with music data in order to create more effective marketing mechanisms (e.g. measuring the impact of music's popularity on marketing effects from multiple sources).
Based on data from the blockchain (metadata), Moozicore will allow to evaluate if a given song has impact on the development of the application. Blockchain is the perfect means to do it - it enables connecting multiple-source
data and providing information from the music industry without breaching any external licenses.
Basically we are in the entertainment business, so its not solving a direct problem. We use the technology to expand our reach.