What is EMT?
EMT is a token of the Emanate platform and is the fuel of the ecosystem. It has a utility:
- Sign up for a paid subscription by staking a respective amount of EMT to a Growth Pool (no monthly/annual payment involved). 5,000 EMT will give access to a Music Lovers account, 10,000 EMT will give access to a Pro-Connect account;
- Reduce fees on a withdrawal to a StreamCard (up to 0% fees);
- Pay for using music files (samples, stems, tracks) in your song;
- Buy/sell a license on a track;
- Earn EMT for hosting a node for music.