# Overview

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## 1.1 What is Eternal Moon?

Eternal Moon is a tribute project honoring the King of Pop, Michael Jackson, while also serving as an innovative experiment in building a Web3-based global music fandom platform.

For decades, the music industry has been dominated by major record labels and streaming platforms, creating structural limitations that prevent artists and fans from being at the true center of creative and financial ownership.

This project leverages blockchain technology, NFTs, RWA (Real World Asset) tokenization, and DAOs (Decentralized Autonomous Organizations) to establish a Web3 music ecosystem where artists and fans actively participate in project operations and transparently share revenue.

The first flagship project within Eternal Moon is the Michael Jackson Tribute Project.

Michael Jackson was not only a legendary artist but also a visionary who used his music to convey social messages and promote love and peace. This project aims to carry forward his legacy, using music as a force for change while leveraging blockchain technology to showcase the power of fandoms.

Eternal Moon is not merely a tribute album; it represents the beginning of a Web3-based ecosystem that aims to transform the structure of the music industry.

### Key Features

* A blockchain-based fandom platform that enables fans to participate in project planning, operations, and revenue sharing.
* An RWA-based music revenue model, allowing fans to share in the profits of music and live performances.
* A decentralized platform utilizing NFTs and governance tokens, making it accessible for other artists and labels beyond the Michael Jackson project.


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