OVERVIEW
Web2 is currently dominating the music industry. Blockchain technology and its web are gradually growing across all industries and the music industry is yet to be covered. There are some great music-dedicated blockchains and dapps, but only a few are thriving among them. Because of this, Bullchord team is creating a music platform that is beyond just another NFT marketplace. We are building a progressive marketplace, web3 streaming platforms and a meta world for music. All with the community in mind for good uses and a sustainable reward distribution for everyone contributing to the protocol.
WHY BULLCHORD
Bullchord creates freedom for music lovers and for music artists. Thus, Bullchord is not a complicated or extremely technical web3 application, it is a robust but simplified technology to attract people from web2 to web3. Music artists, music listeners, record labels, and music promoters. And to show them the path to decentralization and the benefit of the consensus reward system. This is one of the ideas that bring the chain activators into the heterogeneous part of the Bullchord. Check the litepaper.
WHY YOU SHOULD JOIN BULLCHORD
Renowned artists
Music is an art and should be traded as art. Web2 platforms set the reward for music artists based on how they will generate a decent amount of money for themselves. While this is good for them, Bullchord is creating a system that gives renowned artists the freedom to create uses for their music and sell their music as an art in the number of copies they want at the price they desire and they get their royalty for life.
**Upcoming artists **
This will be a perfect start for any upcoming artists because the ground is level for anyone, irrespective of status. Upcoming artists can list their songs, promote their songs and sell them. Also, there is Bullclique HUB under Bullchord where upcoming music artists can enrol for additional promotions and exposure which could attract big music record labels.
Why should you buy music?
NFTs have been thriving well in the blockchain space but there have been many NFTs with no or little use and this ends up ruining the investment of NFT collectors, buyers or investors.
But on Bullchord, when you buy a song, you are investing in the future of the artists as well as the music. We create multiple specialized on-chain and off-chain uses together into one network. This removes the bottlenecks that occurred on Web 2 platforms and Web 3 limitations through the uses, scalability, and flexibility of music NFT to be valued. NFTs holders earn the Bullchord token and the blockchain native coin as they hold their NFT based on the popularity of the songs, the artists and the number of streams and other factors on web2 platforms like YouTube, Spotify and Billboard. Also, NFTs will be used to participate in a lottery system.
In addition, artists are advised to set a good use for NFTs on Bullchord to have a real-life use for the assets such as
It is a win situation for NFT collectors.
Music lovers
In the same way, you download other music streaming applications, you will download Bullchord and switch on reward and you will earn a weekly reward for the time you spend listening to music on the application. You will earn for listening to music. What could be better? All you have to do is to take part in a voting round every week to get your payout.
WHY YOU SHOULD INVEST IN BULLCHORD
There are many applications that promised they can or will build a listen-to-earn protocol and could not come up with a sustainable solution. We have a sustainable solution as well as a robust platform that is strong enough to compete with the top leading music companies on web2 and web3.
Bullchord is currently in the very early stage and is in the quarter to raise only a seed of $60,000 for development and marketing before the public sales. Investors of Bullchord now are the people that take part in the coming seed phase.
The $Bullchord token will be sold for $0.003 per token at this phase and will be launched at $0.01 on the market. With the great potential and quality of products we are working on, we are bullish Bullchord token will skyrocket at launch.
MARKET SIZE
Our market validation is sure as we are taking part in a large market. Spotify monthly revenue is around $800m and that is just an app in the large music space. We are creating a better app which gives back the reward to the people instead of enriching the team members.
LINKS
Website: https://bullchord.app/
Litepaper: https://bullchords-organization.gitbook.io/litepaper/
Twitter: https://twitter.com/bullchord
Discord: https://discord.gg/yKZJWAr9wz
Medium: https://medium.com/@bullchord
