What Is ChorusX (CX1)?
ChorusX (CX1) is a hybrid digital asset, consisting of 50% cryptocurrency and 50% utility token. It is built on the XRP ledger and has the same fast transaction speed and low fee as XRP. ChorusX is also a legal company registered in The Netherlands, with the goal of connecting and empowering entertainers and affiliated parties by providing resources and services without hourly costs through its ChorusX app. The ChorusX token (CX1) is used as a payment method within the ChorusX ecosystem for future smart contract member agreements and tokenized content with automatic profit distribution.
Who Are the Founders of ChorusX (CX1)?
Koen Klijnsmit is the founder and CEO of ChorusX (CX1). He is a master luthier and a crypto pioneer, having founded Ultracoin in 2014. He is known for his expertise in the field of cryptocurrency, having implemented the first pow/pos hybrid with 6-second confirmed transactions. He has a reputation for processing speed and is considered a gifted individual in this area. Klijnsmit's background and experience make him a valuable asset to the ChorusX team and a driving force behind the company's success.
What Makes ChorusX Unique?
ChorusX aims to differentiate itself in the entertainment industry by offering resources and services to entertainers and affiliated parties without hourly costs. The company views itself as a partner to its members, rather than just a business collecting fees, by becoming a co-owner of their work products in exchange for access to the company's resources. By providing high-quality resources and marketing tools, ChorusX hopes to help content creators stand out in an international landscape and focus on their creativity without financial limitations. This innovative business model is intended to provide a new and fair system for creators, filling the gap between amateur artists without resources and the select few who have record contracts with major labels.
The ChorusX app
The ChorusX app is a platform aimed at connecting and empowering entertainers and affiliated parties by providing them with resources and services without hourly costs. The app will offer a range of tools and resources to help entertainers create, market, and monetize their work. This includes access to recording studios, band rehearsal spaces, stages, and media editing PCs, as well as marketing and monetization tools. The basic version of the app will be free, while unlimited functionality will cost $10 per month for all members. The ChorusX app is a part of the ChorusX venture, which aims to provide a fairer and more equitable system for content creators in the entertainment industry.
ChorusX buildings
ChorusX buildings are physical spaces designed to provide resources and services to entertainers and affiliated parties. These buildings have a range of facilities, including recording studios, band rehearsal spaces, stages, media editing PCs, green screen studios, and musical instrument fabrication spaces. Members of ChorusX can use these facilities without hourly costs, and in exchange, ChorusX becomes a co-owner of the work produced in these spaces, taking a 30% share of the profits and intellectual property. The ChorusX buildings aim to fill the gap between amateur creators who lack resources and professional musicians who have signed with major record labels, providing high-quality resources and spaces to all members.
Klijnsmit Guitars
Klijnsmit Guitars is the guitar building branch of the ChorusX venture but is legally the same company as ChorusX. It focuses on custom guitars, proprietary models, and unique production techniques. Klijnsmit Guitars also sells courses and parts to the Guitar Builders Community. The goal of Klijnsmit Guitars is to provide guitar builders with the resources and knowledge they need to create high-quality instruments.
Guitar Builders Community
Guitar Builders Community is a Facebook group with over 23.4K members that provides a platform for guitar builders and enthusiasts to connect and share information, experiences, and insights. The group is focused on promoting the art and craft of guitar building, including custom guitar building, proprietary models, and production techniques. Members can also sell courses and parts to other members of the community, making it a hub for knowledge sharing and collaboration in the world of guitar building.
The world's first guitar building competition TV show
a TV show that will be produced by two full-time employees and aims to sell to Netflix or other streaming platforms for $10M for season 1.
What purpose does ChorusX (CX1) serve
ChorusX (CX1) is a hybrid digital asset that serves as a utility token for the ChorusX platform, which is an entertainment platform that aims to connect and empower entertainers and affiliated parties by providing resources and services without hourly costs. The ChorusX token is 50% cryptocurrency and 50% utility token, and operates on the XRP ledger, which is known for its fast transaction speeds and low transaction fees. The ChorusX platform will offer a range of services, including access to creative spaces, marketing tools, and the ChorusX app, which will allow members to connect, collaborate, and monetize their work products.
Related Pages:
Read more about. ChorusX
Learn more about ChorusX Ecosystem.
Visit ChorusX website.
How Many CX1 Are There in Circulation?
There is an initial maximum supply of 2.49938e+10 CX1 tokens, of which an estimated 2.49938e+10 CX1 are currently in circulation as of March 2023.
Where Can You Buy CX1?
SOLO is a token trading on the XRP ledger DEX, the most straight forward way to acquire CX1 tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase CX1, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about ChorusX ecosystem and the upcoming airdrop, we suggest you follow @ChorusXapp on Twitter.