BEATBIND -ECOSYSTEM FOR MUSIC SHOWS

in blockchain •  4 years ago 

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Music is one of the things that can make everyone happy. As a universal thing, music can be enjoyed by everyone, depending on their individual tastes. There are also various types, including dangdut, rock, pop, hip hop, jazz, and many more.

Every day, new music appears. Not only the music, every day new musicians are born. It's no wonder that now music-related platforms are so loved, such as Spotify, Youtube, and JOOX, each of which offers a different music listening experience.

BeatBind aims to be the long-awaited platform for music event organizations, with BBND being the cryptocurrency token used for all of its transactions. The state of the music programming industry today is very fragmented, each person's individual network limits their reach. The internet is proving that is not what the world needs to operate on - as other industries move towards open digital solutions, the music events industry is lagging far behind. Scalping and fake tickets steal value from organizers, and the industry's lack of data collection and collection makes revenue predictions inaccurate, which in turn puts the event at risk of becoming an endeavor - harming artists, venues and fans equally.

BeatBind aims to solve these problems one by one through the development of the Platform and the wider ecosystem. The main idea is to enable all participants in the event organization's ecosystem to connect and interact efficiently. We will take advantage of the high demand for the best artists, organizers and venues and significantly increase their rates using a variety of auction models. BeatBind will provide more opportunities for new artists both local and global. In addition, fans can buy tickets directly from the organizers of all events created on BeatBind, preventing fraud, counterfeiting and scalping of tickets. New freebies from markets like this will include creating a variety of events, from concerts and festivals to exclusive private parties. As the Platform scales, the barriers to entry will be significantly lowered for all parties. And finally, BBND as the official token will capture most of the new value, which will be created for the first time in the world on BeatBind.

BEATBIND PLATFORM
WHAT USER GETS

BeatBind is a long overdue industry platform for music event organization. We are
develop a multi-stage business, each level standing above the other, to deal with each

each of the 4 problems that apply in the industry:

  • BeatBidder - Platform for connecting venues, DJs, artists, and all who other parties
    involved in the process of organizing a musical event. We connect DJs, artists,
    the venue owner, and everyone involved in the process of organizing a musical event
    to provide the best opportunities for all. Making use of the auction system, we strive to
    increasing revenue for DJs and most popular venues, while size
    Large markets cut costs and lower barriers to entry for nearly everyone who takes part
    make music shows. BeatBind also calculates promotions, sponsorships, and
    outsourcing event organization among services that are ultimately interchangeable in
    platform.

  • BeatBuy - Ticketing will be the default feature of any event created on BeatBind, that is
    will be sold immediately and offered to our fan base, thereby massively reducing entry barriers.
    This prevents ticket scalping, counterfeiting, and secondary market upgrades that steal $ 8
    billion each year from event creators. BeatBuy will eliminate this problem and
    put the money back in the pockets of the artists, organizers, and all the businesses that really create the experience.

  • BeatX - The app that gives fans the influence they need to shape the events they attend,
    and event-oriented experiences such as dating. Fans will have access to the news feed and
    will be involved in a variety of ways to help organizers better shape the event
    attended by the same fans. To ensure the integrity of all transactions
    And to protect all parties, we plan to introduce a strict Escrow protocol for
    refund if transaction fails and handle disputes ..

  • BeatAI - Provides revenue projections and other heuristics that help all
    platform users to decide who to hire, where to perform, etc. The platform we will use
    machine learning to generate revenue estimates to help you justify decisions on any part of
    the process of organizing a musical event. This will greatly reduce the risk and spur more
    growth. We believe this is just a step the industry needs to take to get out of
    darkness caused by lack of data, and make better decisions.

PROBLEMS FACING THE INDUSTRY

"Humanity has an agricultural revolution, an industrial revolution, and now this third revolution, an information revolution."

―Masayoshi Son, CEO @ SoftBank, the 2nd richest person in Japan

Common practice that is commonplace in other industries is still missing in the music event industry, despite its worldwide revenue of $ 30 billion in 2018.

More than 375 million active fans actually make music shows around the world. Revenues of $ 30 billion are expected to increase 10% annually over the next 5 years. Despite this growth and popularity, music shows reveal a very chaotic ecosystem: slow and manual negotiations are commonplace, among event organizers no exception; where it is widely accepted that ticket brokers and counterfeiters steal half of all income; where outreach and revenue projections are not more accurate than expected due to lack of data; Where fans are released, ignored, and helpless.

Places and artists are limited in how they can reach each other, access to opportunities for both parties being inefficient and separate
Scalpers and ticket counterfeiters generate as much as the artists and organizers creating the event, worth $ 8 billion annually in lost value
Event organizers lack empirical data on their fans' preferences, trends, and desires, making any event a very risky endeavor
Fans do not have engagement oriented events such as dating, socializing, surveys, voting and many others.
All of these problems and more remain unresolved. BeatBind was the first significant attempt at digitizing and streamlining the music organization process since the inception of nightlife culture. Through our approach, we aim to connect three key players in a music event: venue owners, artists and fans. Our innovative solutions will be supported with BBND - a universal cryptocurrency token for the music industry.

To see the parallels relevant to which BeatBind can be achieved, let's take a brief look at the world of private equity, where our co-founder Bosko Gasic pioneered a business model for a liquid market for both limited and non-public companies.

This is exactly the type of market where deals are arbitrary and opportunities are limited to the connections themselves. The business model was eventually launched by SecondMarket, a company that provided an open market for private equity and limited shares and was eventually sold to NASDAQ under the name NASDAQ Private Market. Success comes by creating solutions for a market where all parties have an intrinsic need for exchange and cooperation.

That's the kind of change BeatBind has brought to the music show ecosystem.

TOKEN SALES
BeatBind ecosystem utility token. BBND's main vision is to become a universal medium of exchange for the music event industry. The Ethereum blockchain provides all the privacy, security and decentralization that such tokens deserve. BBND will be traded on a public exchange, but users of the BeatBind platform are protected from price volatility during daily use. The complete list of BBND use cases is described in the whitepaper.

Token Information:

  • Symbol: BBND
  • Platform: Ethereum
  • Total supply: 1 billion BBND
  • Accepted currencies: ETH, BTC, LTC, USDT, BSV
  • IEO starts: January 15, 2021
  • IEO ends: March 15, 2021
  • Price before IEO: $ 0.03
  • Early discount: 40% off IEO launch price

Coin distribution:
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Project road map:
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FOR INFORMATION VISIT THIS SITE
https://www.beatbind.io/
https://twitter.com/beat_bind
https://www.facebook.com/beatbind/
https://www.linkedin.com/company/beatbind
https://www.instagram.com/beatbindgram/
https://t.me/beatbindutilitytoken
https://medium.com/@beatbind

Author: Amild
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828
My Wallet Almat: 0xbf00577895715883E63C6694D33dA51b1cDEBDa8

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