ABOUT BITBIND
What if the music industry’s hundreds of thousands of artists — who are especially cash-strapped when they can’t tour, like right now in the Covid-19 pandemic — didn’t have to wait a cripplingly long time to get their royalties, but rather could receive streaming money instantaneously? Broaden that thought experiment: What if there was a “merch royalty,” so that the artist got a cut every time a branded hoodie or piece of art was resold, or a system to ensure accurate paychecks for musicians?
All these things are possible, according to music’s cryptocurrency enthusiasts — a growing group of tech-obsessed entrepreneurs who want to apply the technology of blockchain and bitcoin to the multibillion-dollar global business of selling albums. Crypto advocates want to engineer a new financial system for music that can support real-time revenue streams and ultimately hand much more power to the individual artist. The average music fan may be easily deterred by these conversations: Cryptocurrency is, well, cryptic, and articles on the subject tend to be filled with in-the-know jargon and lengthy digressions. So Rolling Stone has scoped out the landscape and, with the help of experts like Zach Katz, Shara Senderoff, Adam Alpert, and RAC, we’ll walk you through the genesis, potential applications, and latest developments in what crypto can mean for music.
BEATX
“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit Better.” - Jeff Bezos, Founder @ Amazon
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CHALLENGE
"Mankind had the agricultural revolution, the industrial revolution, and now this third one, the information revolution." ―Masayoshi Son, CEO @ SoftBank, 2nd richest person in Japan
Organizing an event of any size remains a slow and manual process, with high cost and connection barriers
Quality performers or venues are hard to reach
Lack of connections limits rising artists and new venues
Agencies and middlemen are slow, inflexible, and expensive
THE SOLUTION BEATBIDDER
4 stage platform
Artists are paired with venues and organizers.
Let's say you're a DJ, and you want the best deal for a Friday night performance. Let venues compete for you! Show off your portfolio, choose when you're available for a show, and let event organizers outbid each other as you get better and better offers.
BeatBind Platform benefits all parties in the music events industry:
Music groups - let venues & organizers bid on you, increasing your revenue
Event organizers - let musicians bid on your opportunity, so you lower your expenses, and get the best
Venue owners - outsource event organization to the most passionate managers
How do we find exactly the right price that maximizes revenue and doesn’t leave seats empty? Auctions are the economic solution to that problem."
Eric Budish, Economist @ University of Chicago
SEAMLESS CROWDSALE FOR BEATBIND EVENTS
Our superior ticketing system supports purchase of tickets for currently organizing events, allowing an initial inflow of capital to organizers
This form of seamless crowdfunding gives smaller venues the means to bring in big stars
All money is refunded to fans if the event doesn’t materialize
BEATBINDAL
There are no statistics. We just advertise and hope they come." ―Anonymous industry insider
Providing revenue projections and other heuristics that helps all platform users to decide whom to hire, where to perform, etc. Our platform will use machine learning to produce revenue estimations to help you justify decisions in any part of the music event organization process. This will greatly reduce risk and spur even more growth. We believe this is just the step the industry needs to take to step out of the dark caused by the lack of data, and make better decisions.
TOKEN
The utility token of the BeatBind ecosystem. The ultimate vision of BBND is to be a universal medium of exchange for the music events industry. Ethereum blockchain provides all the privacy, security and decentralization that such a token deserves. BBND will be traded on public exchanges, but BeatBind platform users are protected from the price volatility during everyday use. The full list of BBND use cases is described in the whitepaper
Pre IEO - Start
Jan 15, 2021
Pre-Sale Discount
40% to the IEO launch price of 0.05 USD
Pre IEO - End
March 15, 2021
Pre - IEO Price
0.03 USD
Q1 2021
Whitepaper
Seed & investments/p>
Office & incorporation
Platform Development Start
Q2 2021
Private Token Sale
BeatBind Community Building
Platform Private Alpha
Q2 2021
Public Token Sale
IEO Launch
Q3 2021
Team Expansion
Feature Experimentation Start
Q4 2021
Platform Public Beta
Platform Public Testing
Q1 2022+
Mobile Apps & Ticketing Development Start
Platform Early Adoption
Community Quarterly Status Reports
TEAM
project is getting more popular each and everyday.There is high probability that the project will become a market leader with the great team work.The idea surely beneficial for all.
This is a very good project and its team is working very hard on this project so that this project is going to give us a very good profit.
We who support this project definitely will doing to receive a lots of benefits from the ecosystem. We are with the project at thebeginning so we know the structure and we can spread the voice and invite people to join this amazing project.
🌏MORE INFORMATION🌏
Website: https://www.beatbind.io/
Whitepaper: https://www.beatbind.io/public/template/assets/whitepaper.pdf
Twitter: https://twitter.com/beat_bind
Facebook: https://www.facebook.com/beatbind/
Telegram: https://www.linkedin.com/company/beatbind
Instagram: https://www.instagram.com/beatbindgram/
LinkedIn: https://www.linkedin.com/company/beatbind
Medium: https://medium.com/@beatbind
MY AUTHOR
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Forum Username: Alamin9884
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1219607
Telegram Username: @alamin988
ETH Wallet Address: 0xbf7B0018b24004c5350D200204384bf5443585b9