📜 DMCAI ($DMCAI) Terms of Service
DMCAI (Digital Music Coin AI) - Terms of Service
Last Updated: Feb 12, 2025
1. Introduction Welcome to $DMCAI (Digital Music Coin AI), a blockchain-powered ecosystem designed to revolutionize music ownership, monetization, and creation through AI, tokenized intellectual property (IP), and decentralized finance (DeFi). DMCAI is operated by Digital Currensy Inc. By accessing or using our platform, website, smart contracts, and associated services, you agree to comply with and be bound by these Terms of Service ("Terms").
If you do not agree to these Terms, you must immediately discontinue use of our services.
2. Definitions
“$DMCAI” refers to the Digital Music Coin AI ecosystem, its blockchain token, smart contracts, and associated services.
“User” refers to any individual, artist, investor, or entity utilizing DMCAI’s services.
“Parent Token” ($DMCAI) refers to the governing token of the ecosystem, which interacts with tokenized music assets.
“Child Tokens” refer to individual tokenized music assets such as tracks, albums, or AI-generated compositions.
“Smart Contracts” refer to self-executing blockchain protocols that facilitate transactions and royalties within the DMCAI platform.
“NFTs” (Non-Fungible Tokens) represent unique digital assets tied to specific music content or rights.
“Wallet” refers to a blockchain wallet required for token transactions and interaction with DMCAI services.
3. Eligibility
By using DMCAI, you affirm that you:
Are at least 18 years old or the legal age in your jurisdiction.
Have the full authority to enter into this agreement.
Have not been previously suspended or removed from DMCAI for violating these Terms.
Understand the risks associated with cryptocurrencies, blockchain technology, and smart contracts.
4. Services & Features
DMCAI provides:
Tokenized Music Ownership: Artists can tokenize their music into Child Tokens linked to the $DMCAI ecosystem.
AI-Powered Music Tools: Including AI-generated beats, lyric assistance, and predictive analytics.
Web3 Royalties & Monetization: Blockchain-based royalty payments for artists and investors.
Decentralized Licensing: Community-driven licensing and derivative rights management.
NFT & Music Collectibles: Exclusive music assets available as NFTs.
Predict-to-Earn: Community-based gamification where users predict hit songs and earn rewards.
Staking & Governance: Users can stake $DMCAI and participate in governance proposals for platform development.
5. User Obligations & Restrictions
5.1 General Obligations
Users must:
Provide accurate and truthful information when using the platform.
Comply with all applicable laws and regulations in their jurisdiction.
Use DMCAI’s services for lawful and intended purposes.
5.2 Prohibited Conduct
Users shall not:
Engage in fraudulent, deceptive, or manipulative activities.
Attempt to hack, exploit, or reverse-engineer DMCAI’s smart contracts.
Use $DMCAI for money laundering, terrorist financing, or other illegal activities.
Post or share copyrighted material without authorization.
Impersonate any individual, artist, or entity.
Violating these restrictions may result in immediate suspension or permanent banning from the DMCAI ecosystem.
6. Tokenomics & Transactions
6.1 Token Allocation
$DMCAI operates on the Solana blockchain with a fixed total supply of 1,000,000,000 $DMCAI tokens. The allocation is structured as follows to ensure sustainable growth, decentralized governance, and long-term platform stability:
Category | Allocation % | Purpose & Details |
|---|---|---|
| Ecosystem Rewards | 30% | Allocated for staking incentives, governance participation, and ecosystem expansion. This ensures active user engagement and long-term token utility. |
| Community Growth | 20% | Reserved for community-driven initiatives, airdrops, user incentives, and promotional campaigns to drive adoption. |
| Liquidity | 20% | Provides deep liquidity for DEX and CEX trading, ensuring price stability and reducing volatility. |
| Team & Development | 20% | Funds ongoing platform development, AI-powered tools, security upgrades, and operational costs. Subject to a 4-year vesting schedule with a 6-month cliff to prevent early dumps. |
| Partnerships | 10% | Supports strategic collaborations with major music labels, Web3 platforms, and industry influencers to drive mainstream adoption. |
| Artist Grants | 5% | Provides funding and incentives for independent artists, music creators, and industry innovators to help integrate blockchain technology into music. |
6.2 Fees & Revenue Sharing
Transactions within the DMCAI ecosystem are subject to applicable fees that contribute to its long-term sustainability.
These fees are distributed as follows:
Revenue Source | IP Holder (Artists/Labels) | Creators (Fans/Community) | DMCAI Treasury |
|---|---|---|---|
| Token Trading Fees | 10% | 20% | 70% (allocated to development, liquidity, and ecosystem growth) |
| Community Licensing Fees | 45% | N/A | 55% (including 10% allocated for DMCAI platform development) |
Additional Revenue Sources Supporting Platform Growth:
- Music Streaming Royalties 🎵 → A percentage of streaming royalties from Spotify, Apple Music, YouTube, and TikTok will be reinvested into the ecosystem.
- NFT Licensing Fees 🖼️ → Revenue from tokenized music IP transactions will support platform growth and innovation.
- DeFi Staking Rewards 💰 → A portion of staking rewards will be allocated to enhance liquidity and ecosystem sustainability.
By engaging with $DMCAI transactions, users acknowledge and accept these tokenomic structures, which are designed to support artists, creators, and the overall Web3 music ecosystem. These terms may evolve as the platform scales, with updates transparently communicated to all stakeholders.
6.3 Refunds & Reversals
All transactions executed on the blockchain are final and irreversible. DMCAI does not offer refunds or chargebacks for any completed transactions.
7. Risk Disclosure
By participating in the DMCAI ecosystem, users acknowledge the following risks:
Cryptocurrency Volatility: The value of $DMCAI and related assets may fluctuate significantly.
Regulatory Uncertainty: Government regulations may impact the legality and usability of digital assets.
Security Risks: Smart contracts and blockchain wallets may be vulnerable to exploits or hacking.
No Guaranteed Returns: Participation in tokenized music does not guarantee profits.
Users should perform independent research (DYOR) before engaging with $DMCAI.
8. Intellectual Property Rights
$DMCAI respects intellectual property rights and requires users to do the same.
Users who tokenize their music must have full ownership or necessary licenses.
Unauthorized use of copyrighted material may result in removal and legal consequences.
9. Limitation of Liability
To the maximum extent permitted by law, $DMCAI and its operators shall not be liable for:
Loss of funds due to smart contract vulnerabilities or wallet compromises.
User actions resulting in mismanaged or lost tokens.
Regulatory changes affecting token usability.
Downtime or service disruptions beyond our control.
$DMCAI provides services “as is” with no warranties, express or implied.
10. Amendments & Termination
DMCAI reserves the right to update these Terms at any time.
Continued use of the platform constitutes acceptance of any modifications.
DMCAI may terminate or suspend user access for violations of these Terms.
11. Governing Law & Dispute Resolution
These Terms shall be governed by the laws of California. Any disputes shall be resolved through arbitration or a court of competent jurisdiction in California.
12. Contact Information
For inquiries or support, contact: 📧 Email: support@dmcaicoin.com 🌐 Website: www.dmcaicoin.com 📢 Twitter/X: @DMCAICOIN 💬 Discord: Join Our Community
By using DMCAI, you agree to these Terms of Service. Thank you for being part of the future of music ownership and monetization!