Tao Network Launches!
TAO Network, the blockchain solutions platform has raised over $100,000 in public funds. The funds raised through a recently held crowdfunding campaign allows the platform to pursue its development of distributed ledger solution for the music industry without any undue influence of corporations with vested commercial interests.
“I think technology is going to take us to a whole different place digitally, and in the end it’s going to be about the song and what you do with it.” - Roberto Noriega (associated with Michael Jackson, Julio Iglesias, Madonna)
TAO Network is a neutral platform involved in creating blockchain projects for the music space. The solutions created by the platform are applicable to the whole music industry without favoring any single artist, record label or publishing house. The TAO of Music is supported widely by the music industry.
“If there would be a good way to track things so we could know how revenue streams are actually working, it would help a lot to make decisions based on that.” - Miguel Lara (associated with Carly Rae Jaspen, Lady Gaga, Justin Timberlake)
The TAO blockchain was launched in a flawless event as per the initial plan. With this launch, TAO wallet is now publicly available and can be downloaded from the TAO Network website. The platform will be distributing TAO tokens in batches with full balances being available within 96 hours after the close of crowd sale at 23:59:59 PST on August 28, 2016.
“The goal for our platform is to create an open source platform that speaks to other platforms.” - Peter Rafelson, CEO of digital rights platform DigiRAMP.com
The TAO Network team thanks all its supports, investors and friends for making the successful fundraising and launch possible. With the resources and music industry partnerships, TAO network looks forward to providing a solution to the problems plaguing the music industry business for over sixty years.
“Something like the Tao Network that strives to be a public utility...would be very advantageous.” - Dale “D-Wiz” Everingham, TAO advisor who is also associated with the likes of Mazzy Star, EnVogue, Destiny’s Child etc.