The HUSL

What is The HUSL?

Introduced in September 2021, The HUSL empowers musicians to revolutionize their global connection with fans through NFTs and blockchain technology. The HUSL restores control to the creatives, enabling them to engage on their terms and at their discretion.

HUSL serves as the governing token for the entire HUSL ecosystem. Users have the option to stake tokens, earning Bags, a Polygon network token that generates NFTs capable of providing weekly profits and rewards for ordinary users.

Moreover, HUSL tokens offer the ability to vote on new music releases, enhance competition within the industry, extend invitations to music events, and facilitate various other effects.

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Recent Video Interview

Main points of the interview:

• Brian Hassan and Matt Shelhas, co-founders of The HUSL, presented their metaverse platform for creators.
• The HUSL offers a no-code ecosystem for artists to engage with fans and create NFTs.
• Features include a music marketplace, virtual immersive events, and AI-driven generative music technology.
• Highlight significant opportunities in digital currency, mobile gaming, and metaverse real estate.

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What Makes The HUSL Unique?

HUSL presents a transformative solution for the music industry by leveraging blockchain technology to overhaul the global music landscape, with a primary focus on prioritizing the key stakeholders: creatives and fans.

Similar to how blockchain and cryptocurrencies like Bitcoin challenge traditional banking systems, HUSL is dedicated to spearheading advancements in the music industry. Both HUSL and blockchain seek to reconstruct centralized foundations and systems by emphasizing transparency, diversity, and fair transaction practices.

As an NFT platform exclusively dedicated to reshaping the music industry, HUSL's objective is to empower artists, granting them complete control over their products while addressing inefficiencies in the production and utilization of musical works. Consequently, HUSL can be likened to a new-age record label, recognizing that 88% of the music market revenue is generated by individuals who may not be widely recognized artists.

In the conventional music production process, artists often face delays of months to years in receiving royalties. However, NFTs provide a solution by enabling artists to swiftly and directly receive their rightful royalties.

The HUSL Team Background and Partners

The core team members of The HUSL:

• Varun Bajaj, CEO: An advisor in Defi and NFT with 8 years of experience in the real estate industry, Varun is a Cryptocurrency OG since 2013.
• Jason Hernandez, Strategy Director: With 20 years of experience as a Vice President in the financial industry, Jason possesses a broad network of relationships with celebrities, music artists, and financial experts.
• Matthew Schellhas, Director of Liquidity Provision and Economics: Formerly a trader at NFA IB and a past employee of Digital Currency Market-Maker, Matthew brings valuable expertise to his role.

The HUSL's investors and partners: Halvings Capital, Magnus Capital, SGN Ventures, Vendetta Capital, BullPerks, Jun...

The HUSL Project Development

The original mission of The HUSL was to encourage artists to create and distribute their best works by merging Music & Digital Art with decentralized finance and NFTs. While this remains a core value, HUSL's vision has expanded beyond the music market.

The concept of HUSL has evolved in tandem with the growing awareness of NFTs, leading to the realization that the true mission is to create a decentralized forum for digital content creators and users. This gave rise to the concept of 'HUSLVERSE,' short for "The HUSL Universe," a 3D, web3.0 exhibition space and interaction environment dedicated to music, digital art, and entertainment.

HUSLVERSE operates on a volume-driven revenue model, primarily generated through micro-commission fees from ecosystem member interactions. The goal is to establish a sustainable, self-growing economy while ensuring members have access to most in-game features for free or at a low cost. Transactions subject to HUSLVERSE commission fees include marketplace transactions, NFT minting, cross-chain transfers of NFTs and in-game assets, and P2P games and bets.

The HUSL Price Analysis

As of December 25 2024 The HUSL has a marketcap of $3. This is {{percentagefromath}} from its all time high of $4.73. In terms of its tokenomics, there's a total supply of 70M with 0% currently outstanding. Keep in mind The HUSL has a fully diluted value of $491K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.