A swarm in our terms is a loosely formed group of nyms or pseudonyms acting together for a common goal. Our swarm will focus on the metaverse, a digital space where you have NFT’s, virtual reality, social media and augmented reality. We see our swarm as an attempt to build a new structure for releasing music and a new way of experiencing music and artists. By creating a swarm that manages virtual artists, sample packs and producer teams we are capturing the value of the whole swarm through our token MIM.
While classic record labels and companies capture their value through stockholders, those stockholders often have little creative value to contribute. We believe that creators should have a large share of the profit of their work and consequently prefer the use a swarm structure in which many members are benefitted.