⚡️Loozr Project Review

Cabinet 42
1 min readDec 7, 2022

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Loozr is a decentralized platform that combines music streaming, tokenization, and speculative investing.

The project allows creators to tokenize their name/brand, content and songs, allowing fans to buy, sell, trade and promote these tokens on the blockchain, as well as share streaming revenues.

This allows fans to directly contribute to their favorite or upcoming artists and brands, allowing them to succeed together.

$LZR is the platform’s native currency on which the entire ecosystem is based.

It can be used to buy creator tokens ($PROFILE and $SONG), liquidate those tokens, stream music, and trade on the platform.

Each artist’s #PROFILE and #SONG tokens represent real music and creators. Loozr Coin is a currency that can be used to buy artist tokens, song tokens, and song streaming.

Loozr stimulating Testnet: Bolt⚡️ will be implemented in three phases:
- Alpha testing (by invitation only for 2,000 users);
- Bolt⚡️ v1.0;
- Bolt⚡️ v2.0;
- Mainnet.

Each step is aimed at achieving a specific goal when launching the product.

Project resources: Website | Telegram | Twitter | Discord | Docs

Our resources: Web | Blog | Twitter | Discord | Telegram

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Cabinet 42
Cabinet 42

Written by Cabinet 42

We provide tools for easy and secure asset placement on the blockchain, without storage.

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