Introduction
The social music streaming and DeFi platform for creators and music lovers.
![](https://docs.loozr.io/~gitbook/image?url=https%3A%2F%2F1349062477-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FFz0kFsxXB2be0JNHbWhE%252Fuploads%252FDZHlikrBmSkcY8lqX08j%252Fcropped.png%3Falt%3Dmedia%26token%3D7919e7d9-7266-4e32-bd0b-90d7d685cef3&width=768&dpr=4&quality=100&sign=2306580c&sv=1)
Loozr is a new type of music streaming platform that integrates speculation, decentralized finance (DeFi), immersive experiences, and social media, while being developed on the blockchain.
It empowers everyone to #Listen2Earn from music every second, trade and launch music tokens, and share streaming revenue with creators and fans.
It introduces DeFi & trading with the intent of addressing some of the core issues facing the music industry, such as;
increasing artist payouts,
faster payouts,
establishing a completely open royalty and streaming accounting system.
Three things that will almost certainly never be fixed or addressed in the traditional world of music streaming, which is owned by multibillion-dollar corporations and major record labels.
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