TAO Network Announces the Crowdsale of its Cryptocurrency and the TAO of Music Project

By August 3, 2016Bitcoin Business

August 1, 2016, Los Angeles, CA – TAO Network, the smart contract DAO platform for creating and operating decentralised applications is currently offering an opportunity for the cryptocurrency community to invest in the ongoing crowdsale.

The TAO Network is built on a solid foundation with a range of enhancements that make its blockchain more versatile and robust. By using IntelliTx technology, TAO Network offers a content agnostic way of creating smart contracts on the platform, irrespective of the protocol. The user-friendly, privacy-centric platform already has one of the many use cases built in the form of ‘the TAO of Music’.

The TAO of Music

The TAO of Music project is created by a team of futurists and developers to protect and secure artists’ content over a long period of time. TAO of Music is operated as a distributed autonomous organization that can act as a bond between competing blockchain based solutions by various music publishing administration companies. TAO Network achieves this by creating an interoperable design that can work irrespective of the format of blockchain implementation currently adopted by artists. The TAO of Music is a public ledger that offers a one-point legal access to artists’ catalogs irrespective of the publisher who owns the rights. To assist with integration and development, the Tao Network has engaged the assistance of Dale Everingham, a sound engineer with over 25 gold and platinum hits to his credit from some of the biggest names in hip hop and R&B.

The TAO Network has made 30 million TAO tokens available for the ongoing month-long crowdsale. Rest of the tokens are allocated for development, marketing and community building exercises. The platform has announced that the value a TAO token will not be more than $1.00 during the crowdsale. Participants in the crowdsale shall receive a 25% […]

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