Gala Music Announces Introduction of Boosted Streams: A Comprehensive Guide

ChainPlay

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4 months ago

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The BEAMS Distribution Algorithm

At the heart of Gala Music's reward system is the BEAMS distribution algorithm. BEAMS stands for Blockchain Engine for the Automated Music Streaming System. It is a proprietary algorithm that automatically distributes rewards to NFT owners based on the popularity and performance of their music tracks on the platform.

The BEAMS distribution algorithm takes into account various factors, including the number of streams, the tier of the track, and the level of engagement with the music. By considering these factors, the algorithm ensures that rewards are distributed fairly and accurately to the deserving NFT owners.

How Boosted Streams Work

The Boosted Streams feature works by integrating third-party streaming data into the BEAMS distribution algorithm. This data is collected from popular music platforms such as Spotify and Apple Music, and is used to determine the popularity of a track outside of Gala Music.

Once this data is incorporated into the algorithm, it becomes a significant factor in determining the total rewards generated for a track. While the success of a track on the Gala Music platform is still prioritized, the addition of third-party streaming data ensures a more comprehensive and fair distribution of rewards.

The Impact of Boosted Streams

Boosted Streams can serve as an additional incentive for artists to promote their music on third-party platforms. Knowing that the popularity of their tracks on external platforms can directly impact their rewards on Gala Music, artists may be more inclined to focus on marketing and promotion efforts across various channels.

For fans and NFT owners, Boosted Streams offers an exciting opportunity to earn more rewards from their favorite music tracks. By taking into account the popularity of tracks on external platforms, fans who own NFTs of popular songs can potentially earn more rewards on Gala Music.

Final Thoughts

As the world of NFTs and digital music continues to evolve, innovations like Boosted Streams will undoubtedly play a crucial role in shaping the future landscape of the industry. With its commitment to recognizing and rewarding the achievements of its artists and fans, Gala Music is poised to remain at the forefront of this exciting revolution.

You can learn more about Gala Music by visiting our page: https://chainplay.gg/games/gala/.