imusify ÖÜ, a City of Zion award-winning decentralized music platform, has joined FasterCapital's Acceleration program to accelerate its growth and innovation. The company, led by CEO David Walters, aims to raise $500K to further develop its revolutionary platform, which integrates crowdfunding, streaming, media sharing, and social networks within a decentralized marketplace governed by smart contracts. imusify is based in Germany and has already invested $40K into its venture.

David Walters, CEO of imusify, shared his vision: "We’ve created imusify to address the inefficiencies in the music industry, where artists typically receive only 12% of industry revenue and wait months for payments. With IMU, our native cryptocurrency, we empower musicians to receive up to 98% of their revenue within seconds through peer-to-peer micropayments. Partnering with FasterCapital is the next crucial step in our journey."

Hesham Zreik, CEO of FasterCapital, said: "At FasterCapital, we believe that decentralization and blockchain represent the future across many industries. imusify’s innovative approach to music streaming and monetization is a game changer, and we look forward to helping them achieve their goals."

David Walters emphasized the unique opportunity imusify offers: "By integrating multiple revenue streams for musicians, we’re allowing artists to focus on their craft, while benefiting from an efficient and transparent payment system. The support from FasterCapital will help us reach more artists and continue to evolve the platform."