DigiTrax Entertainment Launches Open Call For Partnerships
DigiTrax Entertainment, based in Knoxville, Tennessee, is re-imagining the music experience combining elements of the Industrial Revolution with Web 3.0. DigiTrax’s mission is to blend the power of humans and machines in perfect harmony. The Company seeks to use emerging technologies with creative workflows to empower artists, musicians, and creators. DigiTrax also seeks to disrupt songwriting, music education, and copyright law.
DigiTrax has already won numerous awards including semifinalists at the 2018 InnoSTARS competition in Atlanta which allowed the company to launch a roadshow in China to further international expansion plans.
DigiTrax’s Core Technology
DigiTrax utilizes its interactive streaming media platform to distribute high-quality digital music from its proprietary music catalog and AI created music. The Company creates and distributes interactive music products to apps, games, TV, film, music video and animation markets globally via its streaming platform.
DigiTrax’s core product originated from an algorithm with the ability to analyze any passage, song, or collection, and to use this information as a basis for creating a nearly unlimited possibility of songs. The Company’s competitive advantage now stems from seven patents that DigiTrax has acquired as well as a new mobile app called KR38R which allows people to mix, remix their own beats using AI, shoot multi-track videos, and share their creations with the larger community.
The Company has now launched a new Beta of its new product the Counterpoint Calculator which is currently open for sign ups. The calculator is a plug-in that is AI-based for Digital Audio Workstation (DAW) desktop tools and mobile smartphone apps that can serve as a supplement to the Music Builder platform.
The company’s operations are spearheaded by CEO Joseph Vangieri who was previously a key influencer in the multi billion dollar digital music industry. As AI is a key technology with mostly enterprise applications, music has yet to be disrupted in its full manifestation due to the lack of talent familiar with cutting edge technologies and the unique challenges of the music industry.
After unleashing the full power of AI, DigiTrax’s aspirations, according to its website, are to become a worldwide leader in the streaming media industry in the next five years, to expand its music licensing division by disrupting the songwriting and publishing industries, and to become a publicly traded company.
DigiTrax’s MUZK Token
DigiTrax has launched MUZK token, an ERC20 smart-contract token, has various use cases based on the Artificial Intelligence driven, music theory-based platform. As DigiTrax continues to release more consumer and enterprise products, the utility for the MUZK token will grow.
The company’s token MUZK is currently listed on the TKEX exchange at $0.267 (0.00109 ETH) and will be covered on major advertising platforms soon according to YouTube channel CashWithBob. MUZK was listed on the TKEX exchange around August 2019 as an ERC20 token and approached 10K trades in the first month. With bold buyers making large moves via the Exchangr Marketplace, MUZK is also showing activity in the CASHR as over 37,000+ MUZK Tokens have been sold via the CASHR marketplace.
DigiTrax’s Launch of DigiTrax Labs And Open Call For Partnerships
The company has recently launched DigiTrax Labs which the Company will use to foster additional use cases for its platform users. The Lab hopes to partner with projects that also wish to harness the power of AI to explore new business models, partnerships, areas of Innovation, and emerging media categories. DigiTrax is bringing the partnerships to fruition through a research and development lab focused on delivering groundbreaking original research and impact within the creative and cultural sectors.
The Company is also looking to innovate in the following categories by partnering with top researchers or technologists: Machine Learning and Listening, Music Informatics, and Music and Audio Programming. Emerging media categories DigiTrax seeks to explore using these technologies include Alternate Reality Gaming/Escape Rooms/Immersive Theater/Cosplay, Augmented Reality/Mixed Reality, and Bio-responsive/Bio-connected Story, and Virtual Reality.
DigiTrax’s Core Team
The Company’s core management team is unique in their combined expertise in the music industry. CEO Joseph Vangieri, for example, served as a serial entrepreneur in the music industry, innovating ways to patent, license, and manufacture music software.
The Company’s CTO is Marcus Matusiak. Matusiak has extensive experience in applications of AI to music already and has obtained seven patents on behalf of DigiTrax.
The Company’s CFO is Stan Marcom who leads the financial, tax and regulatory compliance operations for DigiTrax. Marcom brings over 25 years of corporate financial responsibility experience to the enterprise, with 21 of them specific to the music industry.