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Technologies and ecosystem of Melos Studio“NFT Forging”, a new method to mix music artworks (JAM)Unique music pieces are written into the DNA of the MusicBlock. Each DNA is carried by the MusicBlock. When the MusicBlock is forged, so does the DNA, and the scarcity and value will be inherited.NFT + IPFS and the ongoing protocols are designed to make sure that the value of the MusicBlock NFT arts can be wide-spread and exist forever.Melos studio aims to become an incubator for music creators, virtual bands, and music studios. It supports musicians and holds music festivals, hoping to help more musicians to accomplish their dreams and create more valuable digital musical arts.Operation “More Salt to Music”: “NFT + Cash => Searching For The Sugarman”. Melos plans to hide crypto assets inside MusicBlocks. It is similar to “hiding BTC in music works”. Fans around the world can be part of the promotion of MusicBlock NFTs by mining BTC within MusicBlock NFTs.

Melos Studio (MELOS) is a cryptocurrency launched in 2022. MELOS has a current supply of 1.00Bn with 0 in circulation. The last known price of MELOS is 0.001605466862 USD and is 0.000295857378 over the last 24 hours. It is currently trading on active market(s) with $373,066.87 traded over the last 24 hours. More information can be found at https://melos.studio.

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MELOS Price Statistics
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Updated Jul 16, 2024 10:39 am
Melos Studio
Mkt Cap $0
There's nothing here for now
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
The Hong Kong Treasury Department said that in view of the important role of fiat stablecoins in the Web3 and virtual asset ecosystem, and the increasingly close connection between the traditional financial system and the virtual asset market, the SAR government needs to establish a regulatory system for fiat stablecoin issuers to regulate in a risk-based and pragmatic manner. The three main requirements include reserve management and stability mechanisms (for example, requiring issuers to ensure that fiat stablecoins are fully backed by high-quality and highly liquid reserve assets), redemption requirements, and regulatory requirements such as governance, knowledge and experience. In addition, the Hong Kong Treasury Department recommends that only licensed fiat stablecoin issuers, banks, licensed corporations, and licensed virtual asset trading platforms can sell fiat stablecoins in Hong Kong or actively promote related services to the public in Hong Kong. For existing stablecoin issuers, the proposed regulatory system will also have corresponding transitional arrangements. In addition, the Treasury Department hopes that an appropriate and internationally recommended regulatory system for fiat stablecoin issuers can provide users with sufficient protection to deal with potential risks to monetary and financial stability, so that Hong Kong's virtual asset ecosystem can develop sustainably and responsibly.
Jul 16, 2024 10:06 am

Frequently Asked Questions

  • What is the all-time high price of Melos Studio (MELOS)?

    The all-time high of MELOS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Melos Studio (MELOS) is 0. The current price of MELOS is down 0% from its all-time high.

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  • How much Melos Studio (MELOS) is there in circulation?

    As of , there is currently 0 MELOS in circulation. MELOS has a maximum supply of 1.00Bn.

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  • What is the market cap of Melos Studio (MELOS)?

    The current market cap of MELOS is 0. It is calculated by multiplying the current supply of MELOS by its real-time market price of 0.001605466862.

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  • What is the all-time low price of Melos Studio (MELOS)?

    The all-time low of MELOS was 0 , from which the coin is now up 0%. The all-time low price of Melos Studio (MELOS) is 0. The current price of MELOS is up 0% from its all-time low.

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  • Is Melos Studio (MELOS) a good investment?

    Melos Studio (MELOS) has a market capitalization of $0 and is ranked #7855 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Melos Studio (MELOS) price trends and patterns to find the best time to purchase MELOS.

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