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What is Loud Market (LOUD) token?

By Natalie Wu | September 29, 2021

LOUD Market is the Music NFT Marketplace! Loud is a token built to support Loud Market’s NFT Marketplace. This platform has been created to empower musicians and artists in selling their work as NFTs instantly, at fair prices with no hidden fees! Their platform gives artists the opportunity to promote their media and create another source of income in the form of instant cryptocurrency payments. NFTs can be listed at a single sale price or sold through auction. Additionally, artists can include a “Royalty fee” guaranteeing them a percentage of all the future sales. $LOUD tokens will be accepted as payment by the content creators, musicians, and artists.

LOUD is the Binance Smart Chain (BSC) Token built to support Loud Market’s NFT Marketplace. This platform has been created to empower musicians and artists in selling their work as NFTs instantly, at fair prices with no hidden fees! Our platform gives artists the opportunity to promote their media and create another source of income in the form of instant cryptocurrency payments.

NFTs can be listed at a single sale price or sold through auction. Additionally, artists can include a “Royalty fee” guaranteeing them a percentage of all future sales. $LOUD tokens will be accepted as payment by the content creators, musicians and artists, and! Content creators will be subject to small BNB fees when creating (“minting”) NFTs which is a requirement when performing any function on the BSC.

  • 0% Fees on NFT Sales
  • Marketing opportunities and proposals for artists
  • Agent opportunities
  • Built-in Royalty features
  • Sell your sound, audio and music for cryptocurrency
  • Big expansion planned for LOUD with new features

Zero Fees, Happy Artists

Did you know – experts estimate artists see only 14% of all profit within the music industry! Here at Loud, we believe that the artists that use our marketplace deserve to keep 100% of their revenue. As such, there are no inbuilt fees taken by the marketplace when using the native $LOUD token!

Loud Market will continue to be updated and developed by LoudMarketLTD, the British corporation behind Loud Market. Investment funds will be raised through the $LOUD ICO as well as advertisements and partnerships.

Loud will also raise revenue for marketing, development and exchange listings by selling the dedicated teams fund (tokens) over a period of time, as and when funds are required.

TOKEN INFORMATION

  • Address: 0x3d0e22387ddfe75d1aea9d7108a4392922740b96
  • Name: Loud Market
  • Ticker: LOUD
  • Decimals: 18
  • Max Supply: 100,000,000 (100 Million)
  • Custom Written Contract
  • 2% Redistribution Tax (Reward to Holders)
  • 1% Liquidity Pool Tax, 1% BuyBack Function
  • 2% Marketing Wallet Tax

Company Expenses

7,500,000 $LOUD (7.5 MILLION)

Marketing Funds

2,500,000 $LOUD (2.5 MILLION)

The tax system put in place has been created to directly increase the value of $LOUD and reward holders. Inbuilt is a highly advanced algorithm that combats price dips by issuing buys and burns, thus helping to initiate the post-dip growth! See the breakdown below:

  • 2% redistribution Tax
  • This tax redistributes 2% of all transactions to $LOUD holders proportionately to the amount of tokens that they hold, thus rewarding you for holding $LOUD!
  • 1% Liquidity Pool Tax
  • This tax distributes 1% of all transactions into pancakeswap liquidity to increase the ease of trading, and the value of $LOUD!
  • 1% Buyback and Burn function
  • This complex algorithm stores 1% of all transactions until there is a period of price decline. At this point, the SmartMath wallet uses the stored tax to purchase $LOUD tokens to reduce the fall in price. These purchased tokens are then burnt reducing total supply and increasing the value of each token.
  • 2% Marketing wallet
  • This tax automatically converts into $BUSD to be used by Loud Market Ltd for artist partnerships, advertisement, and other company costs! These funds will be invested into the company to increase the value of the market and subsequently the value of $LOUD.

​How and Where to Buy LOUD token?

LOUD token is now live on the Binance mainnet. The token address for LOUD is 0x3d0e22387ddfe75d1aea9d7108a4392922740b96. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Source: Coin Introduction <https://morioh.com/p/16969fdfe6a9>

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