Woozoo Music (WZM) is a project designed for music and artists in the virtual reality (VR) world.

WZM is based on a digital asset, a utility token built on Ethereum that can be used within the new virtual reality content ecosystem of the Woozoo Music platform. The WZM tokens can also be purchased on digital asset exchanges and earned through rewards on the network. Ecosystem participants can protect their space in the virtual reality world by buying and staking tokens. Token payments between participants cover the cost of purchasing or creating new content items in the virtual reality world. Participants can earn tokens through ad contributions. Additionally, it can be exchanged through peer-to-peer (P2P) transfers among participants.
Holders of WZM tokens within the ecosystem can gain various benefits. Content producers, providers, consumers, advertisers, and others will contribute to increasing and maintaining the value of the WZM token. This ultimately creates a virtuous cycle by engaging in economic activities involving the production and provision of content within the networks virtual reality ecosystem.