[ANN]Potentiam-The Blockchain Music Platform - page 113.

zee123

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Quote from: earthcoin on November 16, 2017, 03:03:44 PM

Who from the team is managing this thread?

Hi earthcoin, we have various members of the team answering questions here from time to time. We have had the co-founders take turn in answering the questions here. Feel free to join us on our telegram group to https://t.me/potentiamgroup

zee123

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Quote from: Dipsomaniac on November 16, 2017, 02:45:54 PM

Will any part of the project be open source?

I believe we are going to have some things on open source, but its quite difficult to give a definitive answer as we are building a private chain. I will speak to our CTO and find out more on this subject. Please bear with us.

earthcoin

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Quote from: zee123 on November 15, 2017, 10:24:51 PM

Quote from: earthcoin on November 15, 2017, 03:22:13 PM

What separates this project from the previous music related projects? e.g. viberate, opus

Hi, the Potentiam music project is one of a kind. It is merging the principles of social media and music, creating a balanced blend. Where everyone on the music supply chain can benefit by collaborating together. It does not focus on just a part of the music industry, but it confronts the industry has a whole. The founders of Potentiam have worked in music management and also run a music discovery platform britznbeatz, so they are well too aware of how the business works. The purpose of Potentiam is to avert the major problems music creatives face i.e capital, exposure, and revenue distribution.

That's a good sign, them having a lot of previous experience in the industry.

What made them decide blockchain was the way to go with this?

zee123

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Quote from: GoBelle on November 15, 2017, 04:03:15 PM

I like the concept of the project, how are you going to market it?

Hi Gobelle, we are going to focus heavily on influencer marketing, PPC marketing on Google, on social media i.e facebook, Instagram, twitter.
Also, bear in mind we already work in the music industry and have a growing relationship with music creatives. See www.britznbeatz.co.uk
We have more artists coming in every day than we can handle presently and we already have a good subscription base.

Dipsomaniac

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Will you be able to answer questions soon?

zee123

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Quote from: babsshore on November 15, 2017, 08:11:28 AM

This is a very exciting news regarding your pre-ico date announcement. Is there a specific time frame that the pre-ico will last for?

Hi, thank you. The Pre-ICO starts on the 4th of December as specified and it will last until the 26th of January 2018.
We are not anticipating an extension due to the high level of sign-ups.

deeltje

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Quote from: zee123 on November 15, 2017, 07:36:09 PM

Quote from: deeltje on November 14, 2017, 03:32:23 PM

Are you guys looking for more advisors to bring on?

Hi deeltje, there is no point adding advisors for aesthetic purposes. As the team stands right now we have all the necessary people to make the project a success. But we will gladly welcome advisors on to the project that can add value to the project. We are currently exploring some possibilities but nothing is definite at the moment.

Totally agree. No reason to have a bunch of 'trophy' advisors when they aren't even going to help.

I have a question though, will you guys be working on a mobile platform eventually?

okspam

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Quote from: zee123 on November 16, 2017, 10:05:47 AM

Quote from: okspam on November 15, 2017, 03:46:44 PM

Interested to know more about your tokenomics.

Hi okspam, that is the question, what we believe sets us apart from all the ICO's in the music space. We have carefully structured a system that benefits everyone on the music ecosystem. A system that will eventually lead to the network becoming completely decentralised.
It is a balance of meritocracy and proof of stake ideology. We use the term ideology because it has elements of proof of stake but not in its entirety. We have worked out a balance that does not rely solely on investor input on the network though we do recognise their presence plays a great importance in the network. We also recognize high-value users as the life and soul of the network, therefore we have a reputation scoring system that distributes value accordingly. We can't reveal too much as it's our secret sauce.

Now my interest is piqued. Feel free to ignore my questions if they're too prying at the moment, but are the higher value users incentivized with the currency or purely on reputation?

Dofus

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Quote from: zee123 on November 15, 2017, 10:24:51 PM

Quote from: earthcoin on November 15, 2017, 03:22:13 PM

What separates this project from the previous music related projects? e.g. viberate, opus

Hi, the Potentiam music project is one of a kind. It is merging the principles of social media and music, creating a balanced blend. Where everyone on the music supply chain can benefit by collaborating together. It does not focus on just a part of the music industry, but it confronts the industry has a whole. The founders of Potentiam have worked in music management and also run a music discovery platform britznbeatz, so they are well too aware of how the business works. The purpose of Potentiam is to avert the major problems music creatives face i.e capital, exposure, and revenue distribution.

The music industry needs something exactly like this. All the power is in way too few people's hands. How exactly does Potentiam allow people to collaborate more easily?

earthcoin

sr. member

Activity: 756

Merit: 250

Who from the team is managing this thread?

Dipsomaniac

full member

Activity: 476

Merit: 100

Will any part of the project be open source?

zee123

full member

Activity: 420

Merit: 100

Quote from: okspam on November 15, 2017, 03:46:44 PM

Interested to know more about your tokenomics.

Hi okspam, that is the question, what we believe sets us apart from all the ICO's in the music space. We have carefully structured a system that benefits everyone on the music ecosystem. A system that will eventually lead to the network becoming completely decentralised.
It is a balance of meritocracy and proof of stake ideology. We use the term ideology because it has elements of proof of stake but not in its entirety. We have worked out a balance that does not rely solely on investor input on the network though we do recognise their presence plays a great importance in the network. We also recognize high-value users as the life and soul of the network, therefore we have a reputation scoring system that distributes value accordingly. We can't reveal too much as it's our secret sauce.

zee123

full member

Activity: 420

Merit: 100

Quote from: earthcoin on November 15, 2017, 03:22:13 PM

What separates this project from the previous music related projects? e.g. viberate, opus

Hi, the Potentiam music project is one of a kind. It is merging the principles of social media and music, creating a balanced blend. Where everyone on the music supply chain can benefit by collaborating together. It does not focus on just a part of the music industry, but it confronts the industry has a whole. The founders of Potentiam have worked in music management and also run a music discovery platform britznbeatz, so they are well too aware of how the business works. The purpose of Potentiam is to avert the major problems music creatives face i.e capital, exposure, and revenue distribution.

zee123

full member

Activity: 420

Merit: 100

Quote from: deeltje on November 14, 2017, 03:32:23 PM

Are you guys looking for more advisors to bring on?

Hi deeltje, there is no point adding advisors for aesthetic purposes. As the team stands right now we have all the necessary people to make the project a success. But we will gladly welcome advisors on to the project that can add value to the project. We are currently exploring some possibilities but nothing is definite at the moment.

GoBelle

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I like the concept of the project, how are you going to market it?

okspam

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Activity: 392

Merit: 10

Interested to know more about your tokenomics.

deeltje

full member

Activity: 486

Merit: 101

Quote from: deeltje on November 14, 2017, 03:32:23 PM

Are you guys looking for more advisors to bring on?

earthcoin

sr. member

Activity: 756

Merit: 250

What separates this project from the previous music related projects? e.g. viberate, opus

Dipsomaniac

full member

Activity: 476

Merit: 100

Quote from: zee123 on November 14, 2017, 02:31:43 PM

Quote from: Dipsomaniac on November 14, 2017, 01:25:59 PM

Are you getting good results from your bounty campaign?

Hi, it's doing what it's meant to do. Could always be better though. But its a good start.

Good, I know it can be hard to find quality bounty hunters with how many desperate people there are trying to jump on everything.

zee123

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Quote from: Bossladyico on November 15, 2017, 11:03:40 AM

I will be referring everyone on to Potentiam. Such an amazing project. Well done. Pre ico date. To the moon and beyond.

Hi Bossladyico, thank you for the support, we will have a referral program up very soon. You are welcome to join us on telegram: https://t.me/potentiamgroup

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