Topic: BitShares Music + PeerTracks (Pre-sale launch) - page 4. (Read 8344 times)

OK.
A platform that allows users to send money directly to the bands/artists. No middleman, reduced costs.
Incentivized fanbase. Turning passive listeners into active promoters and talent scouts.
We have tied price discovery with talent discovery.

Fully agree sir!
For the next 60 days we are not interested in mass adoption.. AT ALL.
The only "important" people right now are people that have crypto-currencies and that can claim their stake in the DAC by sending it to our pre-sale btc address.
Our only focus right now is the crypto-community. They understand blockchain crowdfunding. We will not waste any funds on marketing outside this circle.

Now when the product approaches completion, THAT'S when you will see mainstream advertising campaigns.


Well we are in luck, cuz that's exactly what this DAC + site intends to do.

eliminate most middle men.
No more itunes fees, credit card costs, etc.
transparant ledger (very useful for paying out or receiving royalties)

And we have a way for the small guy to get discovered. spending hours looking for new music is no longer a "waste of time". It is now a puductive income producing activity or an investmnet you could say.
We are turning the users into incentivized talent scouts. Once they discover a potentially good band, they have massive incentive to share around this kid's music and hope he becomes a star.

And btw we haven't even touched the Token Controlled Access features this platform allows.

Basically, everyone will be on equal ground. You will see the rebirth of the musical middle class ^^
Not only poor artists OR millionaire superstars. You will get everything in between since money goes directly from consumer to band. No middleman. and promoters are now done via P2P incentives.

Hi,

You should be aware that many Bitcoiners think that all copyright laws should be eliminated.  Charlie Shrem, for instance, always references the origin of copyrights and  a few abuses before saying it should all be abolished.  A quote from another prominent Bitcoiner, Trace Mayer,


Many people with these ideas have attached themselves to Bitcoin as way of promoting their agenda.  They try to imply that people who use Bitcoin agree with this point of view so selling any kind of intellectual property for Bitcoin would be against their beliefs.  Of course many people don't believe that but the "wing nuts" are often like Kanye West at the VMA awards.

http://www1.agsexplorer.com/ here you can see what has been donated the last days and what is donated up to now today.

BitShares Music is literally only one industry where BitShares' Toolkit will shake the status quo of monopolies...giving power back to the people who actually create value as opposed to those who chain them down.

Looking forward to this...

Got it. Pretty simple to understand actually. The process may have a little learning curve for the everyday user but I've seen my nephew use an Iphone at age 3 so I'm confident 13 - 60 year olds will have no problem.

That's exactly it. When you own coins for an artist, say OneDirectionCoin for example, you get a small percentage of all their sales. If you thought they were the sh*t before everyone else did and bought their coins cheap you'd be doing very very well right now. This is why early coin holders become instant grassroots marketing for the band.

I believe, the plan is the token holders to get paid whenever somebody buys a song. In that sense you get paid more when the band sells more songs, as opposed to the price to be determined by the bands themselves.

It is true you missed the PTS snapshot and they could have announced it earlier. However if you want to have a stake in the Music DAC only, the pre-sale price is a much better deal and you have 50+ days to buy in this way.

I think I get it in a couple of sentences for the lay person.

Buy/Sell/Trade shares in your favorite bands, artists, groups with the tokens that are created by those bands, artists, and groups through bitshares music DAC.
Buy music through peertracks & possibly cash in some tokens if the band declares 1 token is worth 1 download or something.

He does have a point regarding the target of the DAC promo campaign, that it might make for faster adoption if it were marketed to the artists rather than the fans. But why does he think that's not happening? I thought the OP was very comprehensive and dealt with EVERYONE equally.

The one thing this guy doesn't get is that the BitShares Music DAC is the very OPPOSITE of centralization. Perhaps he didn't read the OP fully or doesn't understand blockchain technology. He's here so there's still hope it will one day "click" and he will see how decentralized the BitShares Music DAC is, and even more secure than BitCoin's POW blockchain tech is.

Finally I think this music producer dude is typical of the fast paced microwave world we all live in when he says:

Oh really? Let me hear you tell me "in a few sentences" how the electric grid works, or your cell phone, or nuclear power or ... blockchain technology. Why do you expect difficult things to be made so simple? It devalues the accomplishment. If it was easy to explain it would be easy to do and it just isn't.

And jumping through hoops is what we all have to do to play in the crypto world, at least to some degree. It's an evolving industry and convenience will come with time. Compare blockchain technology to the introduction of the Internet. How many years did it take the Internet to evolve to be user friendly and convenient. Darpa started the internet (ARPANET) way back in the 1960s. I began using it for email in the 1980s, and the WWW wasn't invented until the 1990s. So your microwave, A.D.D. short attention span, give it to me in a few sentences attitude doesn't sound very realistic IMO.

The guy may be right that it will take awhile to realize the design goals of decentralized freedom blockchain technology promises as long as we have to "jump through hoops" to participate in it, but it's gonna happen baby, count on it. The human race cries for freedom, and financial freedom is long overdue!

Bitshares community is not enought present on Twitter

ok so the snapshot was day before yesterday. to bad i must have missed that info, I would have gotten some PTS back. anyways good luck, sounds interesting, I'll look for it on bter.com.

you bitshares guys should try and do an announce ahead of time here!

this guy seems to talk sense

Agree. This gets more interesting the more I look into it.

This format allow to distribute exact amount of shares without price fixing, if you don't like a lottery you can donate same amount every day during whole period and at the end you will have shares by average price.

Looks great, but I don't like the pre-sale format where you are supposed to send coins without knowing what you'll get and may end up with a totally different amount to someone paying the same price the day before or afterwards. Its like a cross between a presale and a lottery -- and I'm not a gambler.

Yes, there was a PTS snapshot, details here: https://bitsharestalk.org/index.php?topic=9387.0

If you're a PTS holder, you should already have some stake in this system.

if this has the bitshares name, does that mean there will be a PTS snapshot for it?

Best idea i've seen yet involving music. Following this.

the projects looks promising and in the case you want to put some eggs in one extra basket - take a look.

some more information https://bitsharestalk.org/index.php?topic=9360.0


the pre-sales

- will last 60 days
- 5.000.000 Notes will auctioned every day

after 60 days 20% of the sharesupply will be sold

35% will be allocated to PTS holders (Snapshot was taken October 10th)
35% will be allocated to AGS
10% will be allocated to the bitshares music foundation

in the bitshares music chain the delegates can create new shares after voting. so the initial sharesupply could increase in the coming years.