This project is dedicated to musicians and tries to solve serious problems for beginner talent. Through Bitsong, musicians will be able to make their own songs, and listeners will enjoy and hear new content from whatever device they have.
In addition, musicians can also receive donations from fans who can contribute to the next album. The ad will be loaded by the advertiser and every time the ad is heard, the artist and listener will receive 90% of the profits from the advertiser.
BitSong will allow users to use the platform in several ways: from free streaming to donation requests, payments and insertion of ad sponsors.
This project aims to overcome bureaucratic and economic barriers in this industry and respect artists and users to only use the platform. The BitSong platform is unique both in detail and in the additional services it offers.
This is different from other music streaming platforms, helping to fund music and video artists and giving tokens to users, from music / video fans to those involved in commercial activities.
What Is BitSong?
BitSong is the first-ever decentralized, music streaming platform to have been built on the Ethereum blockchain. It is supposedly a project that benefits both musicians and listeners. The listeners will not only be given the opportunity to access new music but will also be earning for every play (this will be discussed in detail later on).
THE BiTSONG PLATFORM
This stage needs to offer opportunities to the marketing specialists with the objective that they can contact their social occasion of individuals thusly avoiding center individuals who use to extend the publicizing costs. The stage will make it in a way whereby the pros can get endowments in BTSG tokens,they can change over this tokens to cash and can use it to help the progression of their own music. They will get livelihoods from the advertisement made by their music and after that trade the tunes. Save navigated bitsong token will be credited to the specialist wallet rapidly and they can have the ability to pull back it.
PROJECT VISION
USING BLOCKCHARE
BitSong will become a new reference point for the music market and will be fully developed using the technology available on the blockchain. Using blokcheyna allows BitSong to be decentralized and more community-based than its competitors (when watching music videos on YouTube, listening and streaming through Spotify, iTunes or marketing on Beatport and advertising on social networks). BitSong tries to solve this problem once and for all.
BitSong Solution:
BitSong has several measures that it plans to implement in order to maximize a musician’s potential. Based on BitSong’s white paper, artists:
No longer need a record label to upload music
Will get revenues from the advertising generated by one’s music
Can resell songs and use on social networks to build a fan-based loyalty
Will receive immediate payments
Will have a better idea as to the associated costs without having to spend in excess
All of the listed points above are said to be possible because of BitSong’s use of the Interplanetary File System (IPFS). IPFS is a peer-to-peer distributed file system that brings together all computer devices into one. In doing so, a high-throughput block storage will be provided, as well as content addressing with hyperlinks to them. In addition, artists can now distribute their work on their own, not have to worry about others copying their work and contents will be loaded at a much faster rate, which can save external bandwidth.
BitSong Technology:
In some ways, IPFS is similar to the World Wide Web, but however IPFS can be seen as a single BitTorrent swarm, which exchanges objects within a Git repository. In other words, IPFS provides a high-throughput block storage model and with content addressing, with via hyperlinks to content. The keyword of the Interplanetary File System is therefore decentralized.
This technique makes it possible to distribute information on a rather large network of nodes and makemaking it them easily traceable. The search for the contents wis ill then be based on the a hash identifier, so as to be.
This ensures that one can sure to find exactly what was one is looking for sought while remaining in the shelter of possibleprotected of possible network malfunctions. precisely because of the fact that the Iinformation on it is based on the project are is disseminated and made redundant on numerous independent nodes.
Team:
Roadmap:
Token Sales Detail:
The BitSong token, BTSG is a platform that can be used for making a sponsorship or donation, buying songs, tickets and merchandises, making votes, and other essentials. An interesting of BitSong's that users might be attracted to is their ability to get paid for listening. In particular, users will be paid for "User Attention", that is, every time one listens to the advertisements, he or she will be paid for it.
In the Initial Coin Offering, where is 47% of its tokens will be distributed. The remaining half will be distributed among its reserve funds, teams, airdrops, advisors, partnerships and bounties. For the time being, a set price is yet to be revealed.
Token: BTSG
PRE-ICO 05/21/2018
PUBLIC SALE: 05/28/2018
PreICO Price: 1 BTSG = 0.044
USDPrice: 1 BTSG = 0.062 USD
Platform: Ethereum
Accepting: ETH
Minimum investment: 0.01 ETH
Soft cap: 3,000,000 USD
Hard cap: 25,000,000 USD
Country: Malta
Whitelist / KYC: KYC & Whitelist
TOKEN DISTRIBUTION
Restricted areas: USA
For more information:
Website: https://bitsong.io
Whitepaper: https://bitsong.io/docs/whitepaper_en.pdf
Telegram: https://t.me/BitSongOfficial
Twitter: https://twitter.com/BitSongOfficial
Facebook: https://www.facebook.com/BitSongOfficial/
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HellenXaveria
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=980199
ETH: 0xD6AF7435Fd7c6DB12B00E92752c03A7d466A52e8