Despite the fact that I wear the signature, I have many doubt about this project.
We got Bitcoin & Ethereum. IPFS is simply just the next big thing and thus, seeing that this project is use both IPFS & Ethereum is a good point.
I've been reading the whitepaper really fast, it might be possible that I missed the point. It is also possible that you already answer the question (a basic Q&A could be good, there are always too much gerbish comments on announcements thread to read everything). Do not hesitate to point me out to somewhere that have the answer instead of losing your time repeating things
You are comparing your service to Spotify and Deezer which are streaming platforms. Both allow us to :
- Listen music for free (no subscription plan), even if they pay for, because adds are giving enough income.
- Listen music without adds or limit with a pay subscription plan.
I may have badly understand Opus, but it doesn't seems like it is a streaming platform and doesn't allow any of the 2 points above. But then, why would you compare to Spotify & Deezer ? If it is not a streaming platform, how is it different from some kind of decentralized marketplace we already have ?
Do we have to pay for each song we would like to listen ? (big deal) Can we download and listen music offline ? (this one isn't a big deal because in ~ 10 years, we'll all have unlimited data and network everywhere).
Your are speaking about 0 censorship. I don't understand. Is there a team at Opus who will valid songs ?
Let's study a case with the lovely Taylor Swift. Let's say she releases a new song :
- Spotify :
She connects to her account who has been validated by Spotify team. She had to provide documents proving she is Taylor Switf while registering her account.
She sends her song to Spotify and negotiate a price per 10k/listening. Spotify release the song.
If someone other than Taylor Switf try to send Taylor Swift song, it will not get accepted because the guys doesn't have the right on it.
- Opus :
Does the artist have to provide proof of ownership on the song ? How do you protect artist from stealing ?
If Opus team is monitoring new songs to protect artist from this, who tell us that you're not censoring others song ?
Also, does an artist have to pay for uploading one song ? Because IPFS storage cost some money. If not, who pays for it ? Opus ?
Hey. It's great you have doubt. As always we recommend you understand a technology fully before investing. Now to answer your questions.
First there is a Q&A. It is in the Navbar of the website. Most of these questions are answered there.
Regarding the verification system I will paste the answer here.
We, at the Opus foundation, frown upon infringing music. As such, we will be removing infringing songs and music from our Core player, just like youtube does. We will not permit copyright infringing content. If we find copyrighted content, we will try our greatest efforts to claim revenue back, if the artist can prove ownership. Unfortunately it is impossible to control what 3rd party players do and they should be advised to remove infringing content as well.
These 3rd party players use APIs to communicate between IPFS and Etherem and are not endorsed Opus foundation but, like anything blockchain related, they can also use the infrastructure that is running on IPFS and Ethereum. This means that they may be a small risk of rogue players sharing copyright infringing songs. But you should keep in mind that this has nothing to do with Opus foundation. Think (Bittorrent and Piratebay) are nothing related but they use the same infrastructure (P2P)
Ofcourse on the internet there will always be imposters and rogue 3rd party players. And while Piratebay exists, fewer and fewer people use it. The reason is because many people do care about the artist, and want a great experience compared to pirated content on a rogue player that could be shut down at any moment. Think (Napster). Nevertheless, in both situations the Opus network will grow and our budget would increase because the more people use the infrastructure, the great the value of the system. (Drawing parallels to bitcoin in 2013, people were afraid of it's use in crime, yet nowadays people use bitcoin for normal goods because in the end the legitimate service will always win.
Regarding the storage costs, there are solutions to IPFS hosting such as Filecoin which can be paid for through the opusDAO treasury. Storage is extremely cheap however, and music files are small so this will not be an issue.
We compared ourselves to Spotify/Deezer because a majority of our market share is currently in those services.
Hope it cleared up some doubts, for more questions do ask the Devs on slack!