FAQ

1. What is Loozr?

   • Loozr is a decentralized social platform and marketplace that empowers artists, creators, and fans by leveraging blockchain technology, enabling artists to establish their own digital economy and connect directly with fans.

2. How does Loozr benefit artists?

   • Loozr enables artists to issue their own social tokens, retain 100% of their royalties, distribute music globally without upfront fees, and engage fans directly, all while providing tools for monetization and creative control.

3. What are Artist Coins?

   • Artist Coins are digital tokens representing an artist’s social reputation on Loozr. Fans can buy these tokens to support their favorite artists, but they do not grant ownership of music rights or royalties.

4. How does fan engagement work on Loozr?

   • Fans can earn rewards through Loozr’s Listen2Earn program, participate in the Loozr Music Game, and invest in artist coins to show support and connect more deeply with artists.

5. What is the Listen2Earn model?

   • Listen2Earn rewards fans for streaming music, allowing them to earn tokens and participate actively in the artist’s community, creating a mutually rewarding experience.

6. What is the Loozr Music Game on Telegram?

   • This game lets fans mine genre-based tokens by listening to music and supporting artists, using the Genres as Communities concept and EPOCH rewards to build community-driven music ecosystems.

7. How does crowd-investing work on Loozr?

   • Fans can support artists by purchasing artist coins, which reflect an artist’s social value but do not grant financial rights, ownership, or royalties.

8. What is the EPOCH Airdrop model?

   • The EPOCH model rewards fans for their engagement and support over time, allowing them to convert mined tokens into $LZR or stablecoins at the end of each EPOCH.

9. What benefits do labels receive on Loozr?

   • Labels can use Loozr for transparent royalty tracking, global music distribution, tokenized catalog monetization, and streamlined artist portfolio management.

10. What is the Artist Reward?

    • The Artist Reward is a portion of each fan investment (5%) that goes directly to the artist when fans purchase their tokens, providing an ongoing source of support.

11. How does Loozr’s Automated Trading Protocol (ATP) work?

    • ATP enables real-time trading of artist tokens using a bonding curve model, adjusting prices according to demand, allowing fans to support artists dynamically.

12. What is the purpose of the Loozr AI Studio?

    • The Loozr AI Studio provides artists with AI-driven tools for music production, enabling creators to generate content quickly and effectively.

13. What is Loozr Distro?

    • Loozr Distro is a distribution service that allows artists to share their music across over 220 platforms worldwide without upfront fees, ensuring they maintain full ownership of their work.

14. How does Loozr ensure transparency?

    • Loozr uses blockchain for transparent transactions, royalty tracking, and distribution, ensuring accountability and visibility for artists, fans, and labels.

15. How do fans earn real rewards on Loozr?

    • Fans can earn rewards through Listen2Earn, participate in genre-based mining, and convert their tokens into $LZR or stablecoins after each EPOCH, providing real-world value.

16. What is the future vision of Loozr?

    • Loozr aims to reshape the music industry by fostering a collaborative, community-focused ecosystem where fans, artists, and industry stakeholders grow and thrive together in a transparent, fair, and engaging platform.

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