Story Ecosystem Music Tokenization Platform MUSIC Launches DRIP, a Token for Top 100 DJs’ Hot Singles, and 20% of the Supply is Airdropped

Odaily Planet News: MUSIC officially released the on-chain asset DRIP created by top 100 DJ R3HAB. According to the token economic model, 20% of the supply will be used for the first round of airdrop, with the snapshot already completed. Currently, the platform has completed migration from Base to Story chain, supporting MUSIC's one-click cross-chain. Transactions will use Story's native token IP as gas. This model achieves on-chain IP confirmation and real-time profit sharing, allowing artists to earn revenue through 1% transaction sharing, licensing fees, and derivative product sharing. R3HAB and the Sony-Tencent joint venture label have received 15% of token allocation, with the remaining portion to be used for community incentives. This launch marks a significant advancement in innovative Web3 applications for music assets, providing creators with a brand new monetization channel.