The Trex Token (symbol: TXT) will be used as currency within our platform, and will therefore be used for donations, purchases. Using the Ethereum blockchain our community will be able to receive payments safely and quickly, thus eliminating the annoying problems and slowness of the fiat currencies.
About the Project
Streaming services![]
have saved the music business and has
become the most used instrument in the modern music
environment, generating increases in the main markets and thus
unlocking the enormous potential in terms of reaching the public.
Global recorded music revenues reached $17.4 billion in 2017, up
from $16 billion in 2016 — an annual growth rate of 8 percent.
Streaming revenues in particular have contributed to this growth,
and were up 39 percent year-over-year to reach $7.4 billion, or 43
percent of all revenues (Sarah Perez, Techcrunch, 2018).
Trex token is a new platform, that will be built using the Ethereum
blockchain
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 Trex Token, musicians will
have the opportunity of producing their own songs and listeners
will enjoy and hear new content from any device they own Trex
Token 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.
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).
Key to Success
Trex Token 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 Trex Token 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. Trex aims to solve this problem once and for all.
Vision Statement
Our vision is to create a new revolutionary brand linked to music
streaming that is unlike any other platform.
Keys to Success Trex Token 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 Trex Token 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. Trex Token aims to
solve this problem once and for all.
Solution
Trex Token has resolved problems for the artist by permitting
them to upload their songs without any need for a record label.
The artist can receive donations in TXT tokens which can be
converted to cash or it can help sponsor the development of their
own piece of music. Artists can also get revenues from
advertising generated by their piece of music and by reselling
their own songs. This will be enhanced by the social network
created on the Trex Token platform and the loyalty of fans.
Funds via the Trex Token’s token $ TXT will be credited to the
artist wallet immediately and they will be able to withdraw or
convert as they see fit.
Artists need no longer wait several months before a record label
sends various reports, they can check the progress in real time
directly within his Ethereum Wallet.
Through Trex Token, the advertiser will also have greater clarity
on costs and will not have to pay additional intermediaries. They
can create their own advertising campaign through a special
advertising tool within the Trex Token platform, choosing the
appropriate target.
Once a target is selected, the advertiser can choose the amount
(in $ TXT he wants to invest for each advertising session. The
higher the bid, the more visibility the advertising will have. Finally
the advertiser will not have to pay astronomical figures, as Trex
Token completely eliminates the intermediaries and allows the
advertiser to decide the budget they wish to spend for individual
TREX TOKEN (TXT) - AUGUST 2018 06
Trex Token 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 our technology detects that a song has already
been registered previously by other users, the Trex Token
platform will require further verification through the official social
profiles and certificates, to protect the work of the individual
artist.
Markets
In recent years, the music industry has experienced a huge
increase in sales thanks to the streaming and sale of digital
albums.
The music industry is projected to grow exponentially over the
next few years and is expected to reach a $52 billion USD
capitalization by 2020. The revenues arising from music
streaming show a sharp increase and the trend remains bullish.
At Trex Token, we are revolutionizing the music industry by
making the user and artist the main actors.
Token Details
Token Distribution
Token
ICO Token Sales
40%
Sold Globaly
10%
Reserve Fund
20%
10%
ICO Program
5%
Pre sale Token
15%
Team Advisor
Sale
Community
40%
Reserve Fund
20%
5%
Team Advisor
15%
Sold globaly
Token Information
Smart Contract:
0x4b44f450bc3bFB60DC1a0690cBA028e1193CaE4f
Symbol:
TXT
Decimalol:
8
Max supply:
10,000,000,000
Accepted payment:
ETH
Token Link:
etherscan: https://etherscan.io/address/0x4b44f450bc3bFB60DC1a0690cBA028e1193CaE4f
Term of token sale:
30 days with the possibility of an automatic early completion in pursuing the final goals of ICO
Commitments:
All unsold and unallocated tokens will bе destroyed and additional release оf tokens will not be possible
CEO & Dev wallets will be lock 1 year.
Advisors wallets will be lock 3 months.
TrexToken Roadmap
Preparing ICO (Whitepaper, website)
2018
AUGUST
2018
OCTOBER
List TXT on some exchanges
Release TXT Site
2018
DECEMBER
2019
MARCH
Release TXT on iOS
Integrate Wallet on iOS
2019
APRIL
2019
JULY
Release Android App
Release version 1.0 (user can use VTXT to purchase songs)
2019
NOVEMBER
WEBSITE : https://www.trextokens.com/
WHITEPAPER : https://www.trextokens.com/assets/Whitepaper.pdf
TELEGRAM : https://t.me/joinchat/Icr6vREfynTeCZuH-DsyIg
TWITTER : https://twitter.com/TxtTrex
FACEBOOK : https://www.facebook.com/trextokenofficial
PROFIL : https://bitcointalk.org/index.php?action=profile;u=2355061
ETH : 0xA705e39B623c621754F0891C411A8d419c266aAF
