IntroductionThe
Vocal platform aims to be the first of its kind putting together artists, people and investors.Vocal is made to be the number one music platform on the crypto currency ecosystem. Using the blockchain technology, Vocal will allow you to sell or buy music easily, being part of artist’s crowfundings and in the same way become a part of their team.Vocal will feature a web music hub and store allowing artists to show their music to the world in a reliable, fast and a new generation way.
Vocal store will use Vocal coin and Bitcoin as a medium of exchange for music and media; it will empower new artists to show their music to the world.
Vocal storeEvery one knows that Music is a huge market, every time it gets more and more online , having a music store with your favorites artists as well as new ones with the advantages like commodity, speed and customization that crypto currency can offer will make Vocal platform a powerful and important market in the music industry.
Artist's crowd-funding.Crowd-funding will enable artists to go to the next level, spreading and selling current music or creating new one sponsored by Vocal.
Vocal will also help new artists to release an album via making custom crowd-funding in Vocal coin, Vocal will make a contract with them helping them to be know and releasing albums or singles, Vocal coin will benefit directly from that in the short term.
Vocal stability fundThink of it as the vocal economic core, the fee's gathered from the sales of music and artist's crowd-funding will be directly to this fund, the majority of this fund will be destined to directly purchase vocal coin increasing in this way the overall market cap and economic stability of Vocal, the rest will be re-invested in the platform enabling innovation and maintaining it as the number one.
Whitepaper:
Vocal Proof of Economic Stability Planhttp://i.imgur.com/f2Q6Anv.png
Mission:The goal for Vocal platform is to bring the common user an easy, fast and affordable access to the music world and in the same way enabling new talents to reach high possibilities without the need of costly sponsorships or support from media giants. Vocal coin will incentivize both Talents and Customers, music Talents will have a reliable platform to look for support easily on their beginnings or already known Talents to sell their music with the advantages of crypto currency decentralization.
The main currency in Vocal will be [Vocal] Coin , it will be used in the store, for crowd-funding's and to be the base of the Vocal stability fund.
Vocal Coin has optimal specifications designed as a fast currency for the Vocal store and to not generate over inflation being fully PoS with a 4% stake annual interest.
There will be initially 28 million vocal coins to be used on the entire platform.
- 100% Proof of Stake
- Initial Coin Supply: 28 Million coins
- Stake Interest: 4%
- Minimum Stake: 6 hours
http://i.imgur.com/Z6JaTWO.pngThe initial distribution of Vocal Coin will be through an ICO to ensure a fair and secure network at the start, also, the main reason to make an ICO is to ensure a decentralized overall system using the funds to develop the platform on exchange of a big part of the future profits and advantages Vocal will bring to investors as the Vocal coin will be in the core of the website economy.
The price of Vocal coin will be stagnant at 500 satoshis (0.00000500 BTC) each one during all the ICO time; the length of the event will be 7 days and once it finished the downloads will be available and the escrow (exchange) will hold the funds for 3 days to ensure stability. If any amount of coins is unsold, they will be destroyed by the exchange.
Initial coin offering is on C-Cex but Vocal team aims to get it into another high volume exchange during first days (bittrex, cryptsy).
Due to our new communicate and recent news, we extended the ICO end date 3 more days until this sunday, in this way more people are able to know about the project.
The ICO will be hosted at C-CEX exchange, it will start the Tuesday October 30 at 17:00 hours EST central US time and will end on November 9 at 17:00 hours.
http://i.imgur.com/ML6Mdx0.pngOur first music Artist that will join Vocal, he is Rumich , a composer and music talent from the local club scene in Cancun Mexico, he is signing with us during 10 months!, he thinks a platform like Vocal can help him to get the mainstream sucess he wants , Vocal will help him to achieve those goals using this platform and other already known platforms.
He made a hit specially for us! click on the image to play it.!
http://i61.tinypic.com/3355zde.pngComplete versionBio from author
http://i59.tinypic.com/123w0t3.jpghttp://i58.tinypic.com/2vx2hp0.jpgWords from Chris Rumich:
"The first time i heard about bitcoin i din't understand it but it became something very special for me after reading and knowing what exactly it is, i am a bitcoin user now and i think crypto currencies can help many aspects of our lifes, including my passion; the music, what Vocal team wants to achieve can help alot this industry , i'm very happy to be part of them and to use the music to speed up the adoption and use of crypto currencies, the general awareness of them can be improved with good music, a song can reach almost every person on this planet."