Topic: BitShares Music + PeerTracks (Pre-sale launch) (Read 8343 times)

Would anyone mind posting an update here in this thread?

You can also join the discussion on Slack.

https://peertracksmuse.herokuapp.com/

Check it out here.

Is this project dead?  Is the dev still around?

Sure they wait to launch to public until the client run smooth ,,, hope this happen soon 

Peertracks will be at MIDEM. They are undergoing a closed beta and proto-DAC launch before they open the service up to the public later this year. Learn more about the core asset of the DAC, the NOTE, at this url. I recently picked up a cool 166k NOTE for 0.5 BTC. IMO that's a steal.  

https://bitsharestalk.org/index.php/topic,16210.0.html

Import the private keys from the Bitcoin address you sent from into the ƀitshares client. NOTEs are trading as a user issued asset on the ƀitshares exchange, they will automatically be claimed by your keys as you import them and then show up in your balance.

The 0.9 release should be out within the next few days if you don't have a client; otherwise 0.8 is running smooth for most users.

do you know how i can acquire the notes i won during the auction phase?

Check out the new info site they launched: http://whatarenotes.info/

any updates?

You are completely right with your analysis about the need for easy to use products and clear value propositions.
Those that own notes (token of bitshares music) will not be those that use the service! That should not be confused. The notes are not directly necessary to use the services of Peertracks. Note holders are the shareholders in the "bitshares music company/DAC". As for the company / shareholder analogy see https://www.youtube.com/watch?v=ZT9ICMfUDjk
Notes derive their value from being collateral for the usd derivatives traded on the bitshares music blockchain. The end user (high school kids, artists) never have to own notes they just need the bitusd (usd derivatives = market pegged assets) to buy music. How that works on bitshares as well as on bitshares music see https://bitsharestalk.org/index.php?topic=11674.msg154433#msg154433

It would be dangerous if you couldn't audit the code (or trust someone who has). Luckily this project is open source!

Also, the main users of this platform won't even have to know that it is based around blockchain technology, they can just trade their artistcoins, buy / stream music, etc. on the PeerTracks frontend or mobile clients. The fact it is based around a blockchain allows for a better business model to be created but it doesn't mean that the mainstream users will have to be familiar and up to snuff on the details of those technologies.

All of these markets crack me up. There just aren't enough people involved in crypto to support these projects. We are pretty deeply nested here in one hell of a minor niche aren't we? We have the tiny fraction of people that are familiar with Bitcoin, an even tinier fraction that are familiar with Bitshares and an even smaller group of people interested in funding + selling music using Bitshares.  This Venn diagram of users contains like 9 people.  

This might have been successful if they had at least jumped up a level and created this around Bitcoin. This would probably have been too small of a demographic as well. This platform using regular currencies might have had a small chance of developing a user base.

If Bitcoin has created anything, it's a surplus of extremely intelligent, talented individuals creating tons of failed projects. Almost as if they are too intelligent to realize the majority of people are looking for easy to consume services. How is etherium doing? Really, how could a turing complete programming language written around a cryptocurrency not be a smash?!

Hopefully these guys are doing what others have suggested, just taking advantage of people with an IPO with no real expectations for this to do anything. It's going to look like 99.9% of alt-coin charts over the last year, huge interest at first and the a slow decline into nothingness.

If you can't explain it on a t-shirt nobody is going to use it.

Wouldn't importing your private key be dangerous? Isn't that the main thing your not supposed to give anyone?

You didn't mention any reason for why you have that impression.

It's hard to say if a project is serious and can go through the roof. There are a few indicators that this is a serious entrepreneurial effort. The people behind it are publicly known and the business model is sound.

You didn't give any specific reason for you sentiment.
http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-164-the-page-and-the-notes
https://bitsharestalk.org/index.php?topic=11669.msg153678#msg153678

I do believe there is some limited intent behind the coin but if these people know anything about the music scene  they know very well this project wouldn't even be able to take on even the smallest online retailer let alone the major ones. The music industry is really huge - much much larger than people generally perceive. The huge vested interests in keeping the status quo completely dwarf any possibility of further upheavals. Be assured the music industry is very tired of that now, and with justification. It was the first industry to experience the online phenomena/piracy and its only the last five years max its been able to recover. For 10 years the music industry went through many violent changes. The artists, labels and distributors have had enough. Artists now know the internet didn't empower them at all. That was made up up by P2P crowd who obviously had vested interests  The people running this project know very well it will never get off the ground in terms of any meaningful widespread adoption.

A: No major artists can ever sign up to this unless they are a completely unsigned entity (chance of that almost 0%) . That means you cannot trade their music period.
B: As well as major artist no major label will sign up. That means their vast catalogs cannot be used
C: Small and indie artists would have been the best avenue for catchment but its much to complex. Same goes for their fans.
D: When you really get down to it what is there offered here for any artist they cant already do. These days releasing a single is nothing more than PR. Its the modern day flyer.

The general public can listen to music 24/7 completely free from a wealth of sites out there. Spotify and Pandora are probably the best examples of that but there are many many more which include niche operators. When it comes to buying music its a one click operation from Apple, Amazon, Google or whatever host you wish to use. None of them require any of the public to understand anything about the behind the scenes process and they certainly dont have to worry about wallets, bitcoin, exchanges etc.

 If this project were fully genuine and serious and made in a way to genuinely empower artists and their fan base I would be all for it. But its not. This is a pure enrichment scheme for a few people using the music industry as the vehicle for it. I do take exception to that because I'm a bit pissed off at how the music industry has been kicked around and abused by anyone with any kind of vested interest - particularly the p2p evangelists.

Should you invest in this: Totally up to you. Invest in it only if you think the coins value will rise. Dont invest in it if you believe this project will change teh face of the music industry. Its pure gambing.

It's not your average "coin IPO". The people behind this project (Cedric and Eddie) are out there with there public identity, they have a whitepaper, a sound business model, use reasonable technology (bitshares) and are supported by the bitshares community as well the the bitshares dev team which is a huge asset since there guys are well connected to the business / start up world.
This market (blockchain projects/startups) is dominated by network effect. That means buy into a few projects that can really work and make it to the top. This is definitely such a project.

It is way undervalued at that rate.

I think it's comes from BitShares supporters, almost everybody who know about BitShares technology and dev team trust them and has a good feeling about BitShares Music future.

20 BTC a day flowing into IPO, is extremely huge amount of money for crypto scene projects in current state of market developement. Any guess where is such a huge deamnd coming from?