BitSong - opportunities and development of the music industry
With the advent of the cryptocurrency, in virtually every industry, there have been significant innovations. The situation also touched the music industry, with the help of Blockchain technology there was an opportunity to solve many existing issues.
Beginning talented artists will have the opportunity to create new works, and for users, it will be possible to listen to new unique content on any device. Performers will get an opportunity to receive financial support from fans of their creativity and invest their earned money in the release of their album.
The full functionality of the platform will allow not only to spread its creativity but also to make a profit. Before every download of the material, advertising will be shown, for which the music creator and listener will receive 90% of the revenue from the advertiser. The participant will be free to choose how to use the BitCong. The platform can be a free broadcast, can be used to receive rewards, payments or advertising.
Benefits of BitSong
The primary goal of the project is to remove obstacles that arise in the music industry at different levels. A new, talented performer cannot prove himself and gain fame without funding, and make a significant contribution and prove in this area is even more difficult.
Thanks to BitSong, musicians will be able to attract a large number of fans of their creativity from around the world and additionally receive a reward for their creativity, develop, create new albums and attract more and more fans.
The difference between the platform from other platforms is that users get more opportunities for development and financing. Everyone can contribute to the activities of talented participants and list tokens to the account of the performer.
Innovations in the music market
The BitSong site is a new stage in the music industry, which will significantly affect the development of the sector and will enable the use of modern blockchain technology for decentralization.
The platform strives to be better than its competitors and gives more opportunities for earning, as well as the popularization of new musical masterpieces. The company plans to create its radio, where you can hear the most popular tracks. Competitions on music will be held with the help of a streaming channel; participants will have the opportunity to conduct live broadcasts or performances.
The current BTSG is used as the musical currency of the platform; it will be able to make donations, vote, sponsor participants and buy content. Blockchain guarantees the rapid receipt of payments that can not be provided for today's currency.
BitSong will allow everyone to express themselves, to reveal their talent in the world music market. Talented participants will be able to create their channel and copyrights to the posted material. The roadmap of the project is as follows:
ICO Details
- The cost of 1 BTSG is 0.062 USD.
- The minimum investment is 0,01 ETH
- Soft Cap - 3,000,000 USD (already compiled)
- Hard Cap - 25,000,000 USD
- Public sale has already started
- Completion of ICO - November 11, 2018
Summarizing
A lot of work has already started on the launch and development of the project. BitSong will open many new opportunities in the music industry and will allow all participants to receive additional revenue. Using the mobile application, users will have a chance to listen to music, download songs, sell their materials, earn bonuses and find sponsors.
BitSong is a large-scale project, which at the moment has no serious competitors in the music industry. The development team will soon introduce the first version of the product, every step of the roadmap is observed, and soon the project will be launched. And Tokens can be bought shortly.
I can say that the project is in full swing and has already attracted a large number of participants and quickly assembled Soft Cap. All the possibilities of the new project will be appreciated by the creators of music, listeners, advertisers, sponsors. For each of the participants, BitSong will become exciting and in demand and not only will allow you to enjoy the posted content but also to earn money.
I think that the site will be accessible, quickly assemble the audience, launch all the planned additions and get fast growth. It is worth investing your money at the initial stage or waiting for the launch - everyone will decide for himself!
Links that you can use when studying the project:
Official website
Whitepaper
Bitcointalk ANN Thread
Bitcointalk Bounty Thread
Telegram
Twitter
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b