RecordFarm 2.0 is a decentralized platform based on Ethereum that empowers artists to take full ownership of their content and finances. Utilizing smart contracts, artists can interact with listeners directly in the absence of intermediaries. The information regarding copyrights and royalty management becomes transparent and easily accessible, enabling to prevent illegal use of registered music. In this newfound RecordFarm ecosystem, the listeners make the distribution. Listeners can accumulate significant power through curations — listening, sharing and voting for the music. In return for their active participation, we reward them with RECORD token. Our goal is to protect the value of creative works and develop a decentralized sharing platform.
RecordFarm already reached a million monthly active users, which is 5 times larger than either Musicoin or Voise, the well-known platforms using blockchain technology. The existing users give us a great headstart. RecordFarm, compared to any other music platforms, has established far more popular and stable bases for future innovation.
While RecordFarm 1.0 was an artist-based open market service that allowed anyone to share and sell their music, RecordFarm 2.0 is the first listener-based music ecosystem based on the blockchain, where listeners’ curations directly determine the artists’ profits.
All the payments in RecordFarm will be executed via a utility token — RECORD token or RCD. It is an Ethereum-based currency that allows safe transactions with the usage of the blockchain technology. Payments made via RCD will be fast, simple and will not depend on the location of influencer and currency used in the country. The presale starts on April 15, 2018. Round A of RCD sale starts on April 30, 2018. Please refer to the links below for further information.
Join our token sale here — http://recordfoundation.org/
Ask any questions about the project in our chat on Telegram: https://t.me/joinchat/
You can also find the latest news about RECORD Project on our social media channels:
Medium — https://medium.com/record-foundation
Facebook — https://www.facebook.com/RECORDFoundation/
