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Topic: [ANN]Potentiam-The Blockchain Music Platform - page 108. (Read 194702 times)

full member
Activity: 420
Merit: 100
I've seen Soundcloud getting super popular lately. What do you think caused their popularity? Is it something you can capitalize on with this platform?

Curious to see your guys' observation on Soundcloud's success.

Soundcloud has undergone a lot of strategic changes lately, cutting down the number of employees and closing a couple of offices. Its popularity I believe is due to the free entry into the network. Ease of use might be one of the reasons too.
full member
Activity: 420
Merit: 100
Do you guys plan to do anything to discourage people from dumping at the first exchange?

Yes, we have something in mind we are contemplating but ultimately it would be a major loss for anyone that dumps once we hit the exchanges as we have some plans in place to improve the value of the tokens over time.
hero member
Activity: 630
Merit: 500
Do you have any partnerships at the moment, or even in the works?

We are working on some very interesting ones at the moment, once confirmed we will make an announcement.

The suspense! Lol. You will announce it here right?

That's a must, we prefer to be at least 95% certain before we make such announcements. It's better not to say anything than to go back on your word.

I totally agree. I hope it's a big name, crossing my fingers.
sr. member
Activity: 399
Merit: 250
Any new partnerships from you guys?
sr. member
Activity: 756
Merit: 250
Do you guys plan to do anything to discourage people from dumping at the first exchange?

This seems like something that is very difficult to deal with, curious how you plan to approach it.
full member
Activity: 476
Merit: 100
Will you be implementing any smart contracts?

Hi Dipsomaniac, smart contract is an important part of the Potentiam network. It's one of the reasons we do not need middlemen as it is a self executing contract with terms.

Are the uses similar to this? Can you give a specific example if not?

> something like a proof of posting when someone advertises a song for you on their profile?

Yeah, an example would be really nice and help me understand the potential uses for a platform like this.
member
Activity: 392
Merit: 10
Will you be implementing any smart contracts?

Hi Dipsomaniac, smart contract is an important part of the Potentiam network. It's one of the reasons we do not need middlemen as it is a self executing contract with terms.

Are the uses similar to this? Can you give a specific example if not?

> something like a proof of posting when someone advertises a song for you on their profile?
sr. member
Activity: 399
Merit: 250
I've seen Soundcloud getting super popular lately. What do you think caused their popularity? Is it something you can capitalize on with this platform?

Curious to see your guys' observation on Soundcloud's success.
sr. member
Activity: 756
Merit: 250
Do you guys plan to do anything to discourage people from dumping at the first exchange?
full member
Activity: 420
Merit: 100
How would regular users be rewarded for participation? Do they make tiny amounts of tokens just for listening? Some for commenting and rating?

This is a really good question. As one of the governing factors in the Potentiam economy is meritocracy we have placed a lot of emphasis on creating a network that will be highly beneficial to regular users.
This can happen in various ways and on different aspects of the network. Every action on the network that adds value to the network is rewarded sharing, liking, inviting new members are just some of the ways by which a user can earn on the network. Yes, there is also a rating system on the network that governs the number of tokens that can be earned. There are also other more direct ways of regular users earning tokens on the network such as promoting or acting the part of an influencer during music project crowdfunding. They are rewarded directly from creatives for performing actions like sharing their project and gaining both internal and external users to take part. These are just some ways.


Excellent, so it will be a little ecosystem. Ways to earn, ways to spend. Very interesting.

Not little, we are digitalising the music supply chain. It's a very large ecosystem, we want it to cater to everything. We will have a market place too.
full member
Activity: 476
Merit: 100
Will you be implementing any smart contracts?

Hi Dipsomaniac, smart contract is an important part of the Potentiam network. It's one of the reasons we do not need middlemen as it is a self executing contract with terms.

Can you go into more detail about this would work? How does it know when a contract has been completed?
full member
Activity: 420
Merit: 100
How is the mobile app coming along?

Hi deeltje, that is coming along nicely, we had some minor complications but nothing our developer partners cannot handle.
So very shortly we should be able to put the work up on https://www.potentiam.io
full member
Activity: 420
Merit: 100
How do you guys plan to market this platform, post launch?

Hi, because of the type of business it is, we would strategically use both internal and external music creatives to market the network.(Influencer marketing/ambassadors). Social media campaigns, PPC campaign, public relations and word of mouth buzz just to mention a few.
We obviously can't detail our techniques here.
full member
Activity: 420
Merit: 100
Will you be implementing any smart contracts?

Hi Dipsomaniac, smart contract is an important part of the Potentiam network. It's one of the reasons we do not need middlemen as it is a self executing contract with terms.
full member
Activity: 512
Merit: 101
How do you guys plan to market this platform, post launch?
member
Activity: 392
Merit: 10
Will you be implementing any smart contracts?

This is something I'd like to know also. Maybe something like a proof of posting when someone advertises a song for you on their profile? Just the first example that came to mind.
full member
Activity: 486
Merit: 101
How is the mobile app coming along?
sr. member
Activity: 756
Merit: 250
I'm assuming there will be video support on the platform too?

Hi, that is a must, we can't be a music network and not support videos. Though all the videos have to be music related.

Yep makes sense. I just wanted to make sure because I know getting your own HD video platform can have it's hassles. Thanks.
full member
Activity: 476
Merit: 100
Will you be implementing any smart contracts?
full member
Activity: 420
Merit: 100
Do you have any partnerships at the moment, or even in the works?

We are working on some very interesting ones at the moment, once confirmed we will make an announcement.

The suspense! Lol. You will announce it here right?

That's a must, we prefer to be at least 95% certain before we make such announcements. It's better not to say anything than to go back on your word.
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