BitSong is a project dedicated to musicians and listeners and will generate profit for the artist and the users who listen to their songs while creating a money-saving opportunity for advertisers. On the BitSong platform, you will be able to produce songs in which an advertiser can attach advertisements and users can access from any device. For each advertisement listened, the artist and the listener will get up to 90% of the profits invested by the advertiser The user will be paid for the "User Attention", the producer will receive earnings in real time, the advertiser will be able to optimize the campaign after viewing the reports.
Use Of Blockchain
BitSong will be the new point of reference for the music market and will be fully developed using the technologies that the blockchain has available. Using the blockchain affords Bitsong with the means to be decentralized and be more community – based compared to its competitors. Currently viewing a music video is via YouTube, listening, and streaming is via Spotify, marketing is on iTunes or Beatport and advertising is on social media. BitSong aims to solve this problem once and for all.
Project Vision
Our vision is to create a new revolutionary brand linked to music streaming that is unlike any other platforms. BitSong will generate profit for the artist and the users who listen to their songs while creating a money-saving opportunity for advertisers.
Our goal is to be present on any Smart TV equipped with Chromecast, through Smartphone App Stores, on any personal computer through a web interface or software and finally on any car equipped with a Smart Radio.
Features
- Upload - Upload new songs and create your own music channel.
- Sell - Sell your songs, listen to them and get donations.
- Donate - Support the artist by making a donation through the $BTSG tokens
- Earn - Earn $BTSG token during your plays
- Listen - Listen to your songs on any TV, Smartphone or PC
- Sponsor - Sponsor your business or your songs in full autonomy.
BitSong BTSG Token & ICO Details
The BitSong token, BTSG is the currency of this respective platform and can be used for making a sponsorship or donation, buying songs, tickets and merchandises, making votes, and other essentials. An interesting of BitSong’s that users might be attracted to is their ability to get paid for listening. In particular, users will be paid for the “User Attention”, that is, every time one listens to the advertisements, he or she will be paid for it.
In terms of the Initial Coin Offering, it is said to commence sometime between mid and end of May 2018, where 47% of its tokens will be distributed. The remaining half will be distributed among its reserve funds, team, airdrops, advisors, partnerships and bounty. For the time being, a set price is yet to be revealed.
Token: BTSG
Platform: Ethereum
Type: ERC20
PreICO price 1 BTSG = 0.044 USD
Price in ICO 1 BTSG = 0.062 USD
Accepting: ETH
Distributed in ICO 50%
Soft cap: 3,000,000 USD
Hard cap: 25,000,000 USD
Tokens for sale: 452,500,000
Conclusion
Overall, the idea behind BitSong seems strong, given that many listeners turn to stream platforms to download music. The team, however, has taken a step in allowing musicians to create their own music without the need of record labels, allowing for a more decentralized way of making and earning from one’s own music. The team itself consists of a lot of members, including Giovanni Melfi, who will be taking on the role of the CTO and Blockchain Developer.
For more information, please visit the link below:
Author: safazara
Website: https://bitsong.io
Whitepaper: https://bitsong.io/docs/whitepaper_en.pdf
ANN: https://bitcointalk.org/index.php?topic=2850943
Telegram: https://t.me/bitsong_ico
Twitter: https://twitter.com/BitSongOfficial
Facebook: https://www.facebook.com/BitSongOfficial/
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1783327
mytherwallet: 0xb7cA53C6b42E6B8a5bEFA6d3C4B24Bf8ce6c82bD