Forward Protocol x PlayTreks Partnership — Music, NFTs, and Blockchain Adoption Toolkits
Forward Protocol’s vision to promote blockchain adoption through a framework of customizable smart contracts and Web 3.0 applications has led us to a new partnership with PlayTreks. This partnership will allow Forward Protocol and PlayTreks to progress toward the common goal of bringing decentralization and transparency to value-based systems, including the music industry.
Forward Protocol and PlayTreks are embracing the power of Web3. On PlayTreks, musicians and content creators are the sole owner of their work. In addition, PlayTreks users leverage artificial intelligence and machine learning to perform analytics and cover the complete performance of their work.
The Forward Protocol team looks forward to growing with PlayTreks as we continue to leverage blockchain and NFT technology to promote transparent and rewarding ecosystems based on its library of customizable smart contracts in the music industry and even beyond.
“Our team is excited to work with partners that reflect the dynamism and versatility of blockchain technology, and PlayTreks ticks all the right boxes. Blockchain technology is efficient, promotes transparency, and when it becomes easy to use, it will be a no-brainer for anyone in the music industry, from executives to content creators. Everyone is excited to see where this new innovation goes, and we are delighted to be a part of the journey.” — Mitch Rankin, Co-founder of Forward Protocol.
The partnership between Forward Protocol and PlayTreks is the product of a common goal to leverage blockchain technology and its capabilities in traditional systems. Both projects are committed to unlocking blockchain technology’s full potential and making music content creation rewarding and safe for every participant within the music industry.
Forward Protocol’s IVO, the third and final token sale event, is fast approaching. The date and other important announcements will be made on our official social media channels. Community members and blockchain enthusiasts can find more information about our vision and mission through our Litepaper and Whitepaper.
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About Forward Protocol — Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.
About PlayTreks — PlayTreks is a growing global music marketplace that incorporates blockchain technology into the music industry. It enhances and improves efficiency, transparency, airplay monitoring, music data collection, and distribution as NFTs by leveraging inherent blockchain technology features. The project aims to protect intellectual property in music content through smart contracts and digital proofs of ownership. It also includes a blockchain-based marketplace that facilitates music and content sharing as NFTs.
