BITSONG : DECENTRALIZED MUSIC STREAMING PLATFORM

About BitSong

BitSong is a new platform, that will be built using the Ethereum blockchain and the IPFS distributed file system.

The focus of the developers is one near to their heart. It is a project dedicated to musicians and attempts to solve a major problem for emerging artists. Through Bitsong, musicians will have the opportunity of producing their own songs and listeners will enjoy and hear new content from any device they own.

Additionally musicians may also receive donations from fans that could contribute to their next album. Advertisements will be upload by the Advertiser and each time an advertisement is listened to, the artist and the listener will receive 90% of the profits from the Advertiser.

BitSong will provide the user with the possibility of using the platform in a number of ways from, free streaming, to requests for donations, payments and the insertion of advertising sponsors.

The project aims to overcome the bureaucratic and economic obstacles within this industry and reward artists and users for simply using the platform. The Bitsong platform is unique both in the details and additional services it offers.

It differentiates itself from other music streaming platforms by assisting to finance music and video artists and gifting tokens to its users, from music/video enthusiasts to those for commercial activities).

SMART TV CHROMECAST

BitSong will generate profits for artists and the users who listen to their songs while creating a money-saving opportunity for advertisers. The goal is to be present on any Smart TV equipped with Chromecast, through Smartphone app stores, on any personal computer through a web interface or software and finally any car equipped with a Smart Radio.

Use Of Blockchain

BitSong will be the new point of reference for the music market and will be fully developed using the technologies that the blockchain has available. Using the blockchain affords Bitsong with the means to be decentralized and be more community – based compared to its competitors. Currently viewing a music video is via YouTube, listening, and streaming is via Spotify, marketing is on iTunes or Beatport and advertising is on social media. BitSong aims to solve this problem once and for all.

Web/Radio

The company has already planned to create an official Web Radio / TV that will stream the best tracks on the platform, there will also be musical contests in which the artist will promote his music. In addition to the official Web Radio / TV, there will also be the possibility to open a streaming channel where you can broadcast your events, or perform live via the platform.

Responsibility

Under no circumstances will BitSong or its affiliates be liable to any person, entity, partners, partner’s customer or end-users for any consequential, incidental, direct, indirect, special or punitive damages, including without limitation damages for lost profits, revenues, lost business or loss of use of products whether or not BitSong has advised it in this white paper or any of the content contained herein, that such damages will or may occur, and whether such damages are claimed based on breach of contract, negligence, strict liability in tort or any other legal or equitable theory. No action regardless of form, arising out of this white paper may be brought against BitSong.

Problems

  • Funds

Often, however, this does not happen, as the artist does not have the necessary funds to create a music video, because he does not have the right contacts, and because the record label rarely invests their time and effort into the song. An artist can often find they have spent substantial time and funds without gains or revenue.

  • Advertiser

Bitsong will provide opportunities for the advertiser to easily reach their audience, thus avoiding intermediaries who only increase the advertising cost. The company will give them the choice to choose the amount to invest in each individual advertising. In addition, advertisers will get data to measure the results of their marketing campaign.

Earnings

Think about the last time you used a streaming platform, listening to or watching music videos containing advertisements. You negotiated the use of the platform by giving away your time while adverts played. You gave away your time without getting anything out of it. Bitsong aims to change that by giving the user who listens to the music, the chance to be paid for listening to the advertisement within the piece of music, in proportion to the amount spent by the advertiser. Ten percent of the amount will be retained by BitSong for ongoing costs of developing the platform and the remaining 90% will be divided between the user who listens and the artist who creates the song.

Solution

BitSong accepts within their platform, all songs, that are not plagiarism, but the result of the originality and work of an artist, without thereby harming the work of other artists. In the event that the technology detects that a song has already been registered previously by other users, the BitSong platform will require further verification through the official social profiles and certificates, to protect the work of the individual artist.

Financial

Infomation

Token: BTSG
Standard: ERC20
Quantity: 1,000,000,000 BTSG
Soft cap: 4,000 ETH

Platform: Ethereum
Price: 1 BTSG = 0,062 USD
Payment: ETH
Hard cap: 35,000 ETH

Premium ICO

Amount: 50,000,000 BTSG
Bonus: %
Start: 14.05.2018
End: 10.07.2018

ICOAmount: 473,782,070 BTSG
Bonus: %
Start: 10.08.2018
End: 10.11.2018

TEAM

ROADMAP

  • January 2018

Launch of the BitSong.io website
BitSong token (BTSG) airdrop through Telegram 

  • May 2018

The first official headquarter in Malta was born!
20,000,000 tokens will be on pre-sale to determine the price of the ICO with a 40% bonus.
15,000,000 tokens will be on pre-sale to determine the price of the ICO with a 30% bonus.
10,000,000 tokens will be on pre-sale to determine the price of the ICO with a 20% bonus. 

  • June 2018

5,000,000 tokens will be on pre-sale to determine the price of the ICO with a 10% bonus.

  • 10th of August 2018 - INITIAL COIN OFFERING47% of the tokens will be distribuited to solve the capital issue.
  • Q4 2018

Opening of 3 locations in Europe, recruitment of other personnel necessary for the development of the project and launch of the Alpha version of the BitSong platform (including mobile app)

  • Q1 2019

New partnerships in the international arena and the start of the contest dedicated to the artists. New platform features including TV support, artist statistics, users and advertisers.

  • Q3 2019

Stabilization of the platform, new features and start of the creation of our blockchain.
 

  • 2020

The whole year will be dedicated to the creation and stabilization of the blockchain, including the support related to the licenses. Partnership with new car manufacturers and TV stations.

USEFUL LINKS

Website--- https://bitsong.io/

Facebook--- https://www.facebook.com/BitSongOfficial/

Twitter--- https://twitter.com/BitSongOfficial

Github-- https://github.com/BitSongOfficial

Medium--- https://medium.com/@BitSongOfficial

Reddit-- https://www.reddit.com/r/bitsong/ 

Author: SanZoldyck

My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1045517;sa=summary   

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