Hi again Crypto World. It's me Guntur back with more details about Record Foundation
RecordFarm2.0 App
MUSIC SOCIAL
Listen, Upload, Share, and communicate with artist and fans
EARN
Make a profit with RCD tokens with amazing revenue share
BUY
Use RCD tokens to purchase music, tickets and goods
PRIVACY
Any sensitive information is securely protected on our distributed platform
SECURE
All contents will be encrypted on RECORD smart contracts and stored on RECORD IPFS system
OPEN
All users easily enable to use our platform and RCD tokens without any obstacles
RecordFarm is a revolutionary reward-based music service platform that transforms traditional music services. RecordFarm effectively uses blockchain technology to protect the content rights of its valuable artists. Also, direct, transparent transactions are made between the artists and listeners in the absence of an intermediary, preventing losses for the artists. This resolves the core problems in the current music industry.
Benefits
EMPOWERED ARTISTS
On RecordFarm’s platform, artists can easily make their own music and share it worldwide, regardless of time and place. Using blockchain technology, protection of copyrights is ensured and direct transactions that prevent losses of artists are made possible.
VALUE ACCELERATING LISTENERS
By interacting with music posted by artists by liking, commenting and sharing, listeners become curators and are rewarded with RCD token. Unlike traditional music service platforms, listeners add and accelerate value to the platform and are compensated fairly for their contributions.
DIRECT TRANSACTIONS
All transactions between artists and listeners are completed directly in the absence of an intermediary. Artists get paid directly, instantaneously and automatically when listeners purchase their music.
TRANSPARENT ECOSYSTEM
Because RecordFarm uses blockchain technology and smart contracts, everyone in the world can easily view contracts and transactions without relying on a central agency, which ensures the ultimate transparency.
CURRENCY CREATION
RECORD token (RCD) is the cryptocurrency of the RecordFarm platform. Artists are rewarded with RCD tokens for sharing music and listeners are rewarded for interacting with the music by liking, commenting and sharing. The more popular the music, the more RCD tokens received by the artists.
TOKEN UTILITY
The RCD token serves as a reward for users of the platform. These RCD tokens can be used to purchase music and various related goods provided on the platform.
What So Special About Record?
- VALUE CREATOR (ARTISTS)
RecordFarm uses blockchain technology to protect the rights of its valuable artists. Unlike the lack of copyright management and unclear profit distribution in the current music services, RecordFarm ensures a clear profit distribution and transparent transactions between the artists and listeners by enabling direct transactions in the absence of an intermediary and recording copyright information on the blockchain ledger permanently.
Artists are also rewarded for posting and sharing their music. Listeners can interact with the artist’s music and every interaction creates a monetary reward for artists in the form of RECORD (RCD) tokens, giving the artists a direct payment and incentivizing them to produce higher quality music. The more popular the music, the more RCD tokens received.
- VALUE CO-CREATOR (LISTENERS)
RecordFarm revolutionizes the traditional music service platform by rewarding both artists and listeners. Listeners pay a small amount to consume music, but they can be compensated more than what they have paid. This is because listeners spread the influence of music by interacting with the music in the form of voting, commenting and sharing. Based on their level of contribution, listeners are rewarded with RCD tokens, which can be used to purchase music and other related goods.
Our goal is to create an active and a rewarding platform, where listeners are compensated fairly for their contributions that increase the value of our platform.
- VALUE CIRCULATORS (INVESTORS)
Based on RecordFarm’s expertise for the past three years, an attractive and competitive blockchain-based platform will be built that will increase the investment value. The RecordFarm that we are envisioning is a powerful platform that strongly motivates both artists and listeners to use the platform. To further spread our influence, we will expand RCD token-based services, eventually constructing a RECORD token economy. With this, we will greatly heighten the value of our RCD token.
Token Info
RECORD token (RCD) is the cryptocurrency of the RecordFarm platform. Both artists and listeners are rewarded for contributing value on the platform. This reward system using Record coins incentivizes active engagement between the artists and listeners. Artists are rewarded with Record coins for creating music and listeners are rewarded for interacting with the music. These Record coins can be used to purchase music and other related goods. With an open platform, RecordFarm already reached a million monthly active users and has been selected as Facebook’s Fbstart global partner. It seeks to expand its influence globally and revolutionize the music service platform.
Token Sale
*Name of token: RECORD
*Symbol: RCD
*Type: ERC20
*Token Price: 1 RCD = 0.1 USD
*Fundraising Goal: 15,000,000 USD
*Contribution method: ETH
*Total number of tokens generated: 300,000,000 RCD
*Total number of tokens on sale: 150,000,000 RCD (50%)
*The ICO will be composed of the pre-sale and crowdsale. The Crowdsale will be divided into three rounds: A, B and C.
Pre-sale: Starts on April 15, 2018 (GMT) (ENDED)
Crowdsale: Starts on April 30, 2018 ~ June 30, 2018 (GMT) (ONGOING)
PRE-SALE
Date: April 15, 2018 (GMT) ~ April 22, 2018 (GMT)
Token exchange rate: 1 RCD = 0.0800 USD (20% Discount)
Minimum contribution amount: 5,000 RCD
Maximum contribution amount: 10,000,000 RCD
Contribution method: ETH
- ETH/USD exchange rate will be locked based on April 14 and it will be valid for the entire time.
MAIN SALE: ROUND A,B,C
Date: April 30, 2018 (GMT) ~ June 30, 2018 (GMT)
Round A: Until the first 45,000,000 RCD is all sold (10% Discount)
Round B: Until the second 45,000,000 RCD is all sold (5% Discount)
Round C: Until the third (last) 45,000,000 RCD is all sold (No Discount)
*Unsold tokens will be burned if the ICO is not successfully completed (hard cap).
Minimum contribution amount: 5,000 RCD
Maximum contribution amount: 50,000,000 RCD
Contribution method: ETH
- ETH/USD exchange rate will be locked based on April 29 and it will be valid for the entire time.
For More Details Information Visit:
Website: https://recordfoundation.org/
Telegram: https://t.me/RECORD_Foundation
Whitepaper: http://recordfoundation.org/public/RecordFoundation/assets/pdf/RECORD_Whitepaper.pdf
Medium: https://medium.com/recordfoundation
Facebook: https://www.facebook.com/RECORDFoundation/
Twitter: https://twitter.com/recordfarm?lang=en
Ann Thread: https://bitcointalk.org/index.php?topic=3331502.msg34826897#msg34826897
Author
Bitcointalk Username: Kingsraid
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1936096
ETH Address: 0x2611c981AdAb7109E26D0C1798e7B7F20764d5A3
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