Although 'IMU' was the ticker assigned at the deployment of the imusify Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'IMUSIFY' has been adopted for this token. This designation ensures that assets are distinctly identified.

Imusify is a blockchain-based music platform that aims to simplify the music industry by creating new channels of music distribution, consumption and engagement. Imusify's platform is set up to help artists with clear transactions through the blockchain technology and with additional income by rewarding the users who promote the imusify network and the artist who share and create high-quality content.

The Imusify’s application could be used in different ways such as a music newspaper, messenger and/or a marketplace for trading goods and services.

IMU is a NEP5 utility token which serves as a medium of exchange for users within the imusify ecosystem on the imusify platform.