Music is one of the very important part of our lives. In the today's world of depression, music provides a serene escape to us relaxing our souls and minds. Due to its impeccability in our lives, Music industry is one of the very fast growing sectors of the globe. It started in the first half of the 20th century with the commencement of music recording technology.With the upcoming technologies, music has become accessible to all as opposed to the scenario a century ago when it was an expensive luxury to avail. But in the age of digitalisation, the music industry is still facing challenges which are needed to be sorted in order to make things better.In the earlier times, the music industry used to produce a recorded copy of the music performance to be sold in the market. This led to the risks faced by the publishers. The current laws are quite complicated in their approach based on “legacy” and over the years, they have turned into a complete mess with the authors and performers at the lowest level. The people who make the music, who are responsible for the existence of such soulful songs aren't getting their share of profit. They often complain about the “lack of transparency”. This often lowers their confidence.
The Solution
The problem of unfair distribution of profit faced by the people in music industry needs to be sorted soon. This will make this place a lot fairer and transparent. Fluxorin provides an innovative solution to this obstacle by using the Blockchain Technology,i.e., a decentralized ecosystem to account the artist royalties and payment processing. This will lead to the much needed transparency in the complex world of right ownership and digital distribution and marketing of music in the music industry.It also brings a new model to create music via the usage of Decentralized Autonomous Labels.It also aims to solve the issues of music piracy which is quite common in today's market.
Advantages
The first and foremost thing comes in this list is transparency. This is very much needed today in music sector.
Usage of Decentralised Autonomous Labels (DAL) are the smart contracts which will automated the things like distribution, labelling etc.
Low cost of operation.
Proper distribution of profits and royalties.
The use of Peer to Peer (P2P) file sharing model would make music publication and distribution easier while maintaining a higher quality via sharing of playlist with the friends and community on the platform's network.
Fluxorin Token Sale
Fluxorin is empowered by its own cryptocurrency named Flux token. The Flux token is one of the primary elements of the Fluxorin ecosystem which will help to reward and make transactions on the platform involving the artists, labels and other creative individuals who contributed in the process. The Flux token is an ERC-20 compliant type. The total supply of Flux tokens equals to 702,000,000.The number of tokens available for sale are 372,000,000.
Fluxorin Team
The team supervising the venture is a team of specialists. The team is headed by Paul Schmidts who is also the founder of Fluxorin. Josef Silvestre is the co-founder of the ecosystem. Isaac Jacobson, Maria Andrews, Alicia Simsons, Steven Iverson, Stefan Hawes are some other experts who are guiding the project too.
Conclusion
The idea behind Fluxorin is a profound one. It aims to revolutionise the music sector by using the Blockchain Technology and Decentralised ecosystems. The project is expected to get launched by fourth quarter of third quarter of 2018. Let's hope for the best!
For more details visit
Website- https://www.fluxorin.io/
Whitepaper- https://www.fluxorin.io/wp-content/uploads/2018/05/FLUXORIN.pdf
Facebook- https://www.facebook.com/fluxorin.io/?_rdc=1&_rdr
Telegram- https://t.me/FluxorinICO
Twitter: https://twitter.com/fluxorin_io
ANN- https://bitcointalk.org/index.php?topic=4361686.0
Published By- karanj
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1030341
