What is Loozr?

Crypto for music communities.

Founded in 2022, Loozr is a groundbreaking decentralized social platform and marketplace that empowers artists, creators, and their fans through the innovative integration of blockchain technology. Our mission is to revolutionize the music industry by providing artists with the tools to establish their own digital economies and engage directly with their fanbase, all while fostering a transparent and equitable ecosystem.

Loozr connects a global community of artists and listeners, creating a vibrant hub for creativity, collaboration, and mutual growth. By eliminating traditional barriers, we enable artists to take full control of their careers, offering them the resources needed to thrive in an ever-evolving landscape.

A New Era of Artist-Fan Engagement

At Loozr, we're building an ecosystem where fans and creators flourish together through innovative features like artist coins, Listen2Earn rewards, and crowd-investing—all powered by our unique decentralized finance (DeFi) model.

Artist Coins: Empowering Creators

When a creator—be it a musician, DJ, podcaster, or indie label—joins Loozr, they can issue their own artist coins. These digital tokens represent the artist's social reputation and are a revolutionary way for artists to engage with their audience. Fans can purchase these coins to support their favourite creators directly, gaining access to exclusive perks like early music releases, behind-the-scenes content, and VIP event access within the platform. This means fans aren't just passive listeners; they become active participants in the artist's journey.

Crowd-Investing: Fans Are Part of the Success Story

Our crowd-investing model allows fans to actively back rising stars. By acquiring artist coins, fans help creators grow while unlocking unique experiences. As the artist's popularity soars, the demand for their artist coins may increase, potentially enhancing their value. Fans can trade these coins on Loozr's platform, benefiting from the artist's success. This dynamic model is powered by DeFi, ensuring a fair and transparent market for artist coin trading.

Importantly, purchasing artist coins does not grant fans ownership of the artist's music rights or royalties; artists retain 100% ownership of their creations.

Listen2Earn: Rewarding Engagement

With Listen2Earn, fans earn rewards simply by tuning into their favourite artists on Loozr. This innovative model enhances the fan experience, making supporting creators easy and rewarding. It's our way of saying thank you to the listeners who fuel the music ecosystem.

Loozr Automated Trading Protocol (ATP)

Loozr's Automated Trading Protocol (ATP) invents an innovative decentralized system that enables real-time trading of artist coins. Every artist and talent on Loozr can issue their own artist coin, allowing fans to support them by purchasing these tokens. The ATP is built on a bonding curve model, which dynamically adjusts token prices based on supply and demand. This ensures that the value of an artist's coin reflects their current popularity and market demand, driving direct fan support, increased visibility, and new revenue streams—when artists win, their community thrives.

Key Features of Loozr ATP

  • Tokenization of Artists: Artists can seamlessly launch their own artist coins after completing a simple Know Your Customer (KYC) verification. This process is free and accessible, allowing artists to focus on their craft while the platform handles technical complexitieshrough its automated smart contract creation and deployment framework—requiring no crypto knowledge from the user.

  • Dynamic Pricing with Bonding Curves: Loozr's ATP uses a bonding curve to set artist token prices based on supply and demand, adjusting automatically with buying and selling. Each artist coin starts at zero, with its value driven purely by market activity.

    Formula:

    The formula for an artist's coin price is shown below. While coins are typically traded with Loozr's LZR token, we've included a dollar version for easier calculation:

    price_in_lzr = 0.003 * coins_in_circulation^2
price_in_usd = 0.003 * coins_in_circulation^2 * lzr_price_in_usd

    The formula for buying a coin

    X * ((1 + P / RB) ^ (R) - 1)

    Where:

    • P = amount of LZR tokens to trade

    • RB = amount of LZR tokens locked in the contract

    • R = reserve ratio

    • X = number of coins minted

    At creation, an artist's coin starts at zero, with prices rising as more tokens are bought and falling if sold, creating a dynamic, demand-driven pricing model.

  • Artist Reward: Artists automatically earn a portion of each purchase of their tokens, known as the Artist Reward. Set at a default of 5% during the initial launch phase, this reward incentivizes artists to engage with their fanbase and continue producing content.

Benefits of Loozr

For Artists

  • Direct Access to Funding: Secure funding directly from fans via the Artist Token Launchpad, reducing reliance on traditional intermediaries.

  • Full Control and Ownership: Retain 100% ownership of your music rights and royalties, maintaining creative freedom and control over your career.

  • Enhanced Engagement: Build a dedicated fanbase that's actively involved in your success, fostering deeper connections and community support.

  • Innovative Creation Tools: Utilize Loozr AI Studio for AI-driven music production, enhancing your creative process and efficiency.

  • Global Reach: Distribute your music globally across 220+ platforms without upfront costs, expanding your audience while retaining full rights.

For Fans

  • Support and Engage: Directly support your favorite artists and become part of their journey by purchasing artist coins.

  • Earn Rewards: Enjoy Listen2Earn benefits, earning rewards simply by listening to music you love.

  • Exclusive Access: Gain access to unique content, early releases, and VIP experiences through your engagement on the platform.

  • Transparent Interaction: Benefit from secure and transparent transactions powered by blockchain technology.

For Labels:

  • Diversified Revenue Streams and Monetization Avenues: Unlock new revenue opportunities by tokenizing artist tokens and music catalogs, enhancing fan engagement, increasing asset value, and staying ahead in the evolving music industry.

  • Transparency and Efficiency: Utilize on-chain tracking for real-time data and royalty distribution, improving operational decision-making.

  • Global Talent Access: Tap into a vast pool of global talent through Loozr's innovative platform.

The Rise of the New Musician

Re-inventing the Music Culture & Collaboration!

As the music industry evolves with technological advancements and shifting consumer behaviors, Loozr stands at the forefront of this transformation. By prioritizing artist empowerment and community engagement, we address the challenges musicians face today, ensuring fair compensation and greater control over their work—challenges we understand deeply, being creators ourselves.

We are reshaping traditional dynamics, fostering a collaborative environment where artists, fans, and labels can thrive together. By employing a community-driven approach and integrating blockchain technology, we provide a transparent, decentralized, and accessible ecosystem that benefits all participants in the creative economy.

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