Glossary

Asset Layer

The layer where music is standardized into an on-chain form that can enter issuance, configuration, and market activity.

Market Layer

The layer where music-related assets obtain liquidity, trading pathways, and observable price discovery.

Settlement Layer

The layer that connects usage, interaction, and participation to transparent execution and value distribution.

On-Chain Player

A listening and interaction interface that also functions as part of the behavior and settlement architecture.

Music Asset

A standardized music-related on-chain object designed to support issuance, participation, and market interaction.

Reference Market

A market whose history, pricing behavior, and participation patterns become a benchmark for the broader ecosystem.

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