Reel Mood, the first NFT Live Stream Platform created by Emmy Nominated Hollywood Producer, Shantal Anderson is set to go live soon and and already proving a hit with artists searching for new revenue streams
Built on the Binance Smart Chain, the Reel Mood platform enables artists to create content live, stream and publish their video or music content to fans whilst earning Reel Mood crypto tokens for broadcasting and helping grow the Reel Mood community. Artists can also mint NFT’s and sell them directly to fans, all of which are carried out on the platform.
Reel Mood manages to capture the zeitgeist of the music industry in 2021. In 2019, the music industry was worth $19.1 billion with artists earning just 12% of that amount. Thanks to the introduction of NFTs into the mainstream music industry, in 2020, the music industry was worth $23.1 billion. However, the artist’s take-home leaped to 34.1%.
For music fans, Reel Mood promises a diverse range of music content available 24 hours a day, 365 days a year. As well as using the RMD tokens to purchase exclusive content, users can also monetize the RMD token simply by holding them in the Reel Mood Wallet.
For music creators, Reel Mood provides an easy-to-use platform, to earn revenue share when fans subscribe to their channel for premium exclusive content. Streamers can also earn profit share on all advertising revenue and revenue from viewers when they share their streams. As well as a tipping facility, content creators can earn when fans purchase NFT’s and fan badges, further optimizing the revenue,
With the Reel Mood launch date getting ever closer, there’s plenty of excitement surrounding the Reel Mood project, Shantal Anderson, the CEO, and founder has assembled a strong team to move the project which began life in 2019, forward.
The 33-year-old entertainment industry professional has a stellar background in live broadcast events including the Superbowl, Olympics, Grammys, and the Oscars. Having spent the last four years working for major streaming platforms and building her skill set in tech and de-fi, Shantal is leading a project that has every chance to go on and be a success.
Supported by a clear and defined roadmap, Reel Mood is backed by some solid tokenomics with 35% of the $RMD tokens locked for two years. There is an initial total supply of 500 million tokens and a maximum total supply set at one billion.
What Makes Reel Mood Stand Out?
There are thousands of tokens in circulation but with more planned. In a crowded marketplace, Reel Mood offers a unique platform and service that offers real benefits to its users on both sides of the platform. Music fans will love the exclusive access to the eclectic music content on offer. Meanwhile, content creators will love the opportunity to optimise the revenue streams that Reel Mood offers.
Although a still long way to go in the roadmap and journey ahead, things are moving fast and key milestones being achieved. Look out for the launch of Reel Mood ($RMD), there are should be some exciting times ahead for this interesting crypto project.
For further information visit: https://www.reelmood.com
You can view the Reel Mood Litepaper here.
i like the concept of reel mood