The 31st episode of the sermon world talks about the global hot project GSMT

Good evening everyone, I am Grafsound -COO-- KIM MAN HOO. I am very happy to interact with you tonight and talk about our Grafsound project.

First, let me briefly introduce myself. I previously worked in the banking and credit reporting industry in Korea for eight years. In pursuit of my musical dream, I have also been a K-pop and drama music producer and composer since 1996.

Now, CEO KJ KIM MIN SOO and I are working together to build the GRAFSOUND music platform. We want to create a new and valuable music content platform through the GRAFSOUND platform. We will introduce the Grafsound project and how we can use GF to realize our music dreams.

From a macro perspective, I believe that everyone has been in shock and sighing in 2020, especially with the recent frequent occurrence of various black swan events, and the continuous breaking of capital market records. For example, the recent plunge in crude oil futures to negative numbers, and the US stock market has been circuit-breaker 7 times this year. We have to say that we are becoming witnesses of history. Many institutions and retail investors are also beginning to think about finding new target products and looking for the next "digital gold". Bitcoin is undoubtedly one of the best choices. "Small currencies": "altcoins" are also experiencing the ups and downs of the market with mainstream currencies. In fact, the trading volume of some excellent projects has risen sharply. For example, BTSE completed IEO in 4 hours, and Solana raised $1.76 million in funds in the Netherlands by selling tokens.

At the micro level, the music streaming market has grown rapidly, and the global music industry has reached a market size of 4.8 billion US dollars. With the growth of the global music industry and the development of Korean culture, global copyright holders are increasingly dissatisfied with the market, mainly due to the current distribution structure and profit share structure of the content market. For independent creators, music giants have received large returns, but creators still cannot get the leftovers. The entanglement of various interests has exhausted creators, which is not conducive to the development of creators, making it increasingly difficult for consumers to obtain high-quality music content.

The GF platform uses blockchain technology to store creators' information and music data in the blockchain, and fixes music streaming to prevent duplication of music and information leakage, and also allows rights holders to check distribution channels and frequencies, transparent copyright fee collection status, and immediately obtain profits. Consumers can directly select creators, choose to support their favorite artists' global debut and music production, and create a new model in the music industry and ecosystem China. To achieve this, GF will cooperate with the Korean Music Copyright Association, the Korean Recording Industry Association, etc., and find more partners to continue this journey.

GF has many advantages, such as protecting artists' copyrights, transparent data disclosure, low service fees, numerous scalable DAPPs, and free and rewarding services to listeners.

Artists can register their music on GF, and users can use GSMT to purchase high-quality music works. They can also use GSMT to purchase shopping mall and performance tickets. Through the GF platform, they can communicate online with many artists around the world.

Our partners include Microsoft, DB, and AMS.

As you all know, we launched the WBF exchange for the first time in the world yesterday and achieved good results. Before listing, we had already carried out in-depth cooperation with WBF in many fields such as global community, media, publicity, conferences, etc. The two parties have established a good foundation of trust. We attach great importance to the construction of partners and hope to work with more outstanding partners to jointly build the GF platform and GSMT ecological value.

The GRAF SOUND music service APP is expected to be officially launched in June this year, which will bring more users. In addition, we have also completed the software construction of GRAF SOUND .TV. These two sections will bring free music services to our users, and our community scale and service level will be further developed. I know that many projects rely on a few pages of white papers to raise funds, but what we want is to bring more and more real value to users. As we all know, K-POP music is a representative of Korean culture and has many fans all over the world, so what we have to do is to use real services to make GSMT tokens generate better economic benefits.

Q1: How does GRAFSOUND bring returns? What is the revenue model? How to achieve a win-win situation for investors and projects? We know that every successful project has a logic, so what is the logic behind GRAFSOUND? Will there be any follow-up updates on GRAFSOUND?

Grafsound provides a free streaming music service. The main source of income for the GF platform will be advertising fees. Users need to pay to listen to music without ads. In addition, we will earn revenue through DAPP within the platform. The GF app plans to provide a variety of services such as personal radio, popularity gathering, e-commerce center, voting, ticketing, etc. These functions will help the activity of GF, and they can also maximize the benefits of the GSMT token economy.

Our vision is to enhance the value of GSMT and expand the value of the GSMT ecosystem through the APP port. GF not only plans to make music content, but also wants to realize the aggregation of all sound categories. People can listen to all the sounds on the planet by registering on the app. This model is that everyone can become creative on this platform and record the laughter of friends. Everyone knows Tiktok and Youtube, and we always need to expand the influence of music and sound. So we create a service that allows people to have the opportunity to register and sell their own sounds on this planet. Artists are given some functions to support their creative activities. Artists can also repost and sell their music through their accounts. In addition, before the official launch of the GF app, we have launched the GRAFSOUND.TV service, so everyone can try it out. Through this webpage, people can enjoy this music for free. The music update speed of GF is also very fast. I believe you will be satisfied with GRAFSOUND's service. We will give users a brand new experience that they have never had before.

Q2: We know that the ETH blockchain is very slow, why did you choose the ETH blockchain? Do you have plans to build your own chain?

Although ETH is not perfect yet, ERC-20 is still a very important part of the development of blockchain, because there are too many developers on ERC-20, and they can also push ETH to improve the technology. The ETH platform allows developers to develop DAPP. In short, ETH has made important contributions to the development of blockchain. Of course, whether to use the ETH platform depends on whether the developer can find specific functions on the ETH platform. We are actually planning to design and build our own mainnet, which may be as early as this year.

Q3: Please give me 3 reasons why you should invest in Grafsound for the long term

Well, first of all, the form of GSMT is a real token economy model. In addition, for the GF music platform, the use of tokens will greatly promote the development of excellent Dapp services, and this value will continue to increase. Secondly, we have only circulated a very small part of GSMT now. More than 700 million tokens have not been released, only 1 million are in circulation, and 20,000 market purposes have been spent. We will not sell a large number of tokens like other projects. If there is a large pre-sale before listing, it will destroy our market price. After listing on the exchange, the token value will not have a positive feedback. We will only raise a very small part of the money to operate GF's services. For this purpose, the conditions and terms of pre-sale before listing will be more conducive to protecting the interests of our investors. Finally, the GS platform will be more stable and our value will be better verified. My team members and I are professional musicians and have worked in the Korean music industry for a long time. We are composers and singers.

Many thanks to Grafsound -COO-- KIM MAN HOO for his wonderful sharing. At the same time, we sincerely thank the media for their support. We look forward to seeing you next time!