Story Ecosystem Music Tokenization Platform MUSIC Launches DRIP, a Token for Top 100 DJs’ Hot Singles, and 20% of the Supply is Airdropped

Odaily Planet Daily News MUSIC officially released the on-chain asset DRIP of the single "Drip Drip" created by Top 100 DJ R3HAB. According to the token economic model, 20% of the supply will be used for the first round of airdrops, and the snapshot has been completed. At present, the platform has completed the migration from Base to Story chain, supporting MUSIC one-click cross-chain. The transaction will use Story's native token IP as the Gas fee. This model realizes the on-chain confirmation and real-time profit sharing of music IP, and artists can obtain income through 1% transaction share, licensing fees and derivative share. R3HAB and Sony Tencent joint venture label have received 15% token allocation, and the rest will be used for community incentives. This launch marks an important progress in the innovative application of music assets in the Web3 field, providing creators with a new monetization channel