Showing posts with label music. Show all posts
Showing posts with label music. Show all posts

Tuesday, October 23, 2018

Discover The Next Korean Pop Star Using Ethereum Blockchain

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Blockchain technology has no doubt revolutionized the technological world, used in several spheres like remittance payments, hospital records, dissemination of universal basic income etc. but one of its most interesting applications is in Korea’s entertainment industry. South Korea-based entertainment platform Z-POP Dream Project will be using blockchain technology to find the next K-pop talent.

Founded in Seoul earlier this year by a team of professionals who created global K-POP music stars such as PSY, Girls’ Generation, BTS, EXO, and WannaOne, Z-POP Dream wants to build a global entertainment platform to discover hidden pop music talents, accelerate their rise to stardom and create a global token economy within the $46 billion global music market.

The platform will be powered by hundreds of millions of K-POP music fans across the world through the use of the company’s own crypto token, the ZPOP coin, which will be based on the ethereum blockchain. ZPOP coin holders will be able to vote for their favorite entertainers in award ceremonies and auditions with more transparency.

“The project will give fans the voting interest through our online platform,” the company said. “Fan votes will play a crucial role in decisive events such as auditions and award ceremonies. Adopting the ethereum blockchain technology, the project makes the voting transparent and trustworthy. The Z-POP Dream Project offers fans the opportunity to grow their favorite stars.”

Z-POP Dream is also planning to create a “Star creation” platform, which includes Star Academies and the Z-POP Dream Audition in 10 territories: the Philippines, Vietnam, Thailand, Malaysia, Hong Kong, Indonesia, India, Japan, Taiwan and Singapore. The future stars will be created using Korea’s tried and tested star-creation process. Thus, talented artists will have a good chance of rising to the top.

Z-POP DREAM aims to tackle three main issues, which often occur in the music sector. The three problems are:

  • Millions of talented artists find it difficult to realize their goals because of the lack of access to professional training or networks and infrastructure needed.
  • Fans are left out of the star-creation process
  • There is a high barrier to entry for stardom globally

Additionally, Z-POP Dream will be conducting an initial token offering (ITO), beginning in October, to support the infrastructure, which will also develop a global monetization platform that will tokenize revenue through merchandise, concert tickets and admission to events.

The token price at whitelist will be 1 ZPOP for $0.08. There will be a $10 million soft cap, a $100 million hard cap, and a total supply of 4 billion tokens.

Z-POP Dream Founder and CEO Jun Kang, an SM Entertainment veteran who initiated the first wave of K-POP expansion into the international market, said that the goal of the project is to create a new generation of global pop stars through the power of the fans, to equalize the playing field and empower both fans and artists alike to better achieve their dreams. Join the beta now: Here!

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For more information about Z-POP Dream, you can visit the links below:


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Wednesday, October 17, 2018

Muzika: Blockchain Ecosystem to Disrupt the Music Industry

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Business Idea

The global music industry is a tremendous one. In 2017, the revenues from the industry were around 16 billion USD, showing the predominance of three major record labels: Universal, Warmer, and Sony. The global recorded music market grew by 8.1%. Among the various revenues streams, over a third came from global streaming. In particular, approximately 176 million users of paid subscription services (such as Spotify or Deezer) shaped this revenue stream.

Nonetheless, many issues remain, mostly around the payment of royalties to artists. Music creators often find it challenging to properly see the reward of their work in a business where many intermediaries control revenues. A report suggests that for every $1,000 of music sold, the average musician gets a paltry $23.40 (just over 2%). Another dramatic stat shows that music producers get barely anything out their song played on air: on Apple Music, musicians earn $0.00783 per stream. They receive $0.00397 per stream on Spotify and $0.00074 per stream on YouTube. To meet the US monthly minimum wage, musicians would need over 188,000 total plays on Apple Music (and even more on the competing platforms).

To summarize, musicians do not make much money from album sales, cannot claim or follow up on royalties efficiently, and on top of that, face RIAA file sharing issues. Introduces you to MUZIKA! this new ICO is entering the market with a lot of potential. By creating a new digital music ecosystem as a move towards decentralization, Muzika is planning to undertake the role of existing intermediaries and actualize a fair distribution structure. So, let’s dive right into out Muzika ICO to know all its worth.


About Muzika

Muzika is digital music ecosystem will function as a channel for distributing and publishing music content while providing fair compensation to artists. Fans will also get to partake in all stages of a song’s lifecycle, ranging from sponsorship and production to consumption. Muzika plan is to “reform how value is created and captured by various players within the industry.” The rewards will be returned to those who create the value while recovering the share lost from digital piracy through blockchain technology.

Muzika aims to provide musicians the best of both worlds: a higher commission rate for their creative content and a strong user base. Muzika has developed a strong system for incentivizing fans to contribute to the Muzika ecosystem. These incentives will build the userbase necessary for Muzika to provide both higher commissions to artists along with the mass userbase of traditional music streaming sites. The network effect from a mass userbase will be the key to developing an autonomous, self-sustaining ecosystem. In other words, Muzika can provide musicians with 90% of $1,000.


How It works?

Muzika’s digital music ecosystem will function as a channel for distributing and publishing music content while providing fair compensation to artists. Fans will also get to partake in all stages of a song’s lifecycle, ranging from sponsorship and production to consumption.

Overview of the Muzika Ecosystem:


Within this self-sustaining ecosystem, community members are rewarded with loyalty points for a variety of community activities, including voting, commenting, posting, and sharing songs. These loyalty points are then converted into Muzika’s utility token, MZK. The ecosystem also provides a direct link between sponsors and artists, enabling sponsors to pay artists directly for their music.

All transactions between sponsors, fans, and artists are recorded on the blockchain, which is a decentralized, secure, and immutable ledger. Outside streaming services are also able to participate in the ecosystem using the same shared blockchain ledger, which ensures ultimate transparency when accounting for the number of streams and subsequent royalty payouts.

Muzika Features


  • Blockchain technology will protect and provide official proof of evidence for copyright of all music sheet.
  • Smart contract will allow digital musical products to be transferred directly from artists to fans, ensuring fairer and more transparent economic distribution.
  • Fans will be rewarded with loyalty points for their various community activities, which will be regularly converted into MZK coins - the sole medium of exchange for all economic activities in the ecosystem.
  • Fans will have opportunities to make direct sponsorship to their favorite artists, supporting them and receiving exclusive benefits in return.


Muzika Token (MZK)

Muzika is backed by an already established platform called Mapiacompany that has about 2 million active users covering over 150 nations in terms of subscribers and artists from more than 30 nations. Now, in order to create a loyal and incentivized community, the company is going the blockchain route.

Drawing inspiration from popular Steemit project’s community, the Muzika Coin (MZK) has been created. The sole medium of exchange within the Muzika ecosystem, it will perform four functions viz. community building, means of transaction for commercial items and service, sponsorships opportunities, and community programs.

In order to obtain MZK, there are three options namely, participating in the ICO, cryptocurrency exchanges, and loyalty points.

Out of the total 1 billion MZK tokens, 20.5 percent i.e. 205,000,000 tokens will be up for sale. The major chunk of the tokens i.e. 40 percent is allotted for the reward ecosystem. Partnership and team both get 10 percent each of the MZK tokens. About 14.5 percent will go to reserve while remaining 5 percent is for advisors.

TOKEN DISTRIBUTION


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Friday, October 5, 2018

iLink2Music: Music Entertainment Social Media Platform

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What Is iLink2Music?

iLink2Music is a music-based social networking service specializing in connecting fans, industry professionals, and talent to a global music community. It is a blockchain-driven music and entertainment social media platform, that supposed to connect artists, executives and music fans. 

On the platform, users will be able to post their content, participate in various contests, get discovered by industry influencers and win prizes. The developers have pledged to air exclusive a global concert for charity/fundraising streaming online. They will also feature co-created content that is designed to facilitate and revolutionize online management.

The company mission is to offer a people-driven platform. In this ecosystem, the concept of the producer will cease to exist. Anyone will be able to broadcast to as many people as they can anywhere on earth.

The company believes that change is coming to the music world. However, they also know that no one person can bring this change. Thus, they have created this ecosystem for the world to find the solutions that are needed.



How Does iLink2Music Work

iLink2Music will enable you to create a user profile that displays your talent or expertise in the entertainment business, (artists, producers, professionals, technicians or fans) enroll in contests, get discovered and win exclusive prizes. Each member will be able to network within the community in order to find what they’re looking for globally, and possibly enable his/ her talent to be reviewed by accomplished entertainment influencers within their field; thus, transforming part of the platform into an exclusive worldwide online community , based on the same principles as multiple mainstream music television shows with successful international growth.


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iLink2Music Features

Advanced User Interface

The iLink2Music platform is a horizontal-adaptable business model that is based on co-creation, multi-sensory branding, product placement, and the user experience. It has been created to adapt and embrace the disruptive technologies that are changing the world such as blockchain.

Social Media Platform Integration 

Via the social media platform, they will be able to involve the consumers in exciting and fun ways. 

IL2Voting Platform

IL2Voting provides the functionality for running contests. It combines advanced capabilities with a private BlockChain framework with public sidechains for additional verification, using voter anonymizing technology schemas and mathematical proof of verifiability.

ELINK Token

The ELINK token will be used to execute transactions and access various services, such as celebrity contest entry, influencer and ambassador events, co-creation workshops, virtual gaming, etc.


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iLink2Music Advantages

Verifiability

Via a combination of various digital receipts and public bulletins, verification data will be published so that voter can check whether their vote counted. Users can tell whether votes have been modified or were lost. With the help of the blockchain, this verifiability will be quite easy to enforce.

Security

For any content system, security matters. It represents the integrity of the vote and the confidentiality of the voters. Allegations of hacking in the US Presidential election have persisted, and there is no sure way of telling whether they did. On this platform, security is assured by the blockchain.

Transparency

With celebs contesting online, there is a need for transparency. With the blockchain, it is easy to view the entire process with no possibility for interference.



ELINK Token Details

The ELINK Token is an EOSIO compliant digital token issued by iLink2Music and is the official token of the platform. These tokens will allow an individual or organization  to secure access to the IL2Voting platform and its features to successfully operate Celebrity/Influencer contesting and secondary activities (Ads, Shows, sponsorship etc).

Token Information

Ticker: ELINK
Total Supply: 10,000,000,000 ELINK
Price: 1ELINK = $0,005
Accepted: BTC, XRP, DASH, ETC, NEO, QTUM, TRX, ZEC, PayPal, ETH, LTC, BCH
Minimum Investment: 50$ USD
Maximum Investment: 50 000$ USD
Soft Cap: $3,500,000
Hard Cap: $21,000,000

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Useful Links:

Facebook: https://www.facebook.com/ilink2music

Author:

Bitcointalk Profile: Tpq01349
ETH Address: 0xA73fA2565C18218AC6510c8CD3B220F5794f3B84


Tuesday, June 19, 2018

Fluxorin: Decentralized Music Streaming Platform





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Undoubtedly, music streaming is the future of music consumption with countless different companies currently offering their streaming services in a variety of different manners. Music streaming allows listeners to listen to their favorite songs on demand, discover new music, create and consume playlists, on and on. Still, for all the good that comes from music streaming, there are many problems that also arise.

For the most part, music streaming is great for the consumer. For little to no cost, subscribers have immediate access to millions of songs on a simple, easy to use platform. However, for every winner, there must be a loser. In the case of music streaming, the artist, as well as the songwriters, producers, mixers, and others involved in the creative aspects of each song, are the clear losers. More often than not, artists are getting paid very little, if anything, for the streaming of their songs on platforms.

Meanwhile, the current system of music streaming is unsustainable. Amongst the millions of ‘users’ that streaming services claim, the proportion of real subscribers who pay the advertised price is an absolute minority.  However, if everyone paid – even if it was just a couple of pounds or dollars – everything would be different. They were simply illegally downloading the album from torrent sites or finding other ways of listening that were not profiting West. Clearly, there is no way for artists to work around the system in a profitable way, and it is only a matter of time before they come together to change the system.

The other problem of music streaming industry is the lack of transparency. Artists who are signed to a label only get paid when their recordings are played on digital services when their label pays them a share of what the label gets—the typical arrangement. These artists have no direct audit rights against the digital service. The artist relies on their label to make sure that the label—and consequently the artist—is getting a straight count from the service.



Introduces you to Fluxorin! Fluxorin is a blockchain-based decentralized music-streaming platform, which is aimed to solve those problems above. The platform is ideal for the publication and consumption of music, combining a cutting-edge cryptocurrency provided with a very important mission of unlocking the potential of human creativity (artists) to inspire and be enjoyed by billions of Fans.

The use of blockchain decentralized technology makes all the operations of the platform are made very open. Information on transactions made is made available to the users of the system at all times. This is made possible by the music industry stakeholders to solve the lack of transparency issue. 

The company also utilize the smart contract which is facilitated by use of the Distributed Autonomous Labels (DAL). It makes the users will be able to track the entire life process of the music from its first publication, which transforms functions of labels and other entities in the music industry to be automatic. Smart contracts use the highest level of data encryption currently available, which is the same standard that modern cryptocurrencies use. This level of protection makes them amongst the most secure items on the world wide web.

In addition, The usage of peer to peer storage and delivery technologies, would allow the music in question be published and distributed in much higher quality by sharing playlist with friends on the network while keeping the costs down. They are the protocols of the future Internet.



The company also utilize the FLUX tokens. FLUX token has a particular рurроѕе whісh is to fuеl the network economy and incentive structure. The labels, the artists, band member and every other entity involved in creative process will be rewarded with FLUX token. The token will be derived from a standard Ethereum ERC20 token and will be tradable on exchanges.

You can find more detail information about Fluxorin online on https://www.fluxorin.io/, or check the company whitepaper available at https://www.fluxorin.io/wp-content/uploads/2018/05/FLUXORIN.pdf


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