Monday, 12 November 2018

BitSong

Image result for bitsong ico review
BitSong is a project dedicated to musicians and listeners, where artists will be able to produce songs in which an advertiser can attach advertisements and users can access from any device. BitSong will generate profit for the artist and the users while creating a money saving opportunity for advertisers. The user will be paid for the "User Attention", the producer will receive earnings in real time, the advertiser will be able to optimize the campaign after viewing the reports

What is BitSong?


BitSong is the first ever hierarchical music distribution platform ever built on blockchain Ethereum. It is said to be a project that benefits both musicians and listeners. Listeners will not only have access to new music, but will also earn money for each play (this will be discussed in detail later).

When it comes to the end of the musicians, there is obviously a lot of work involved in releasing a single, from writing and composing to funding it. Unfortunately, not all musicians have the funds needed to create music videos for manufacturers to invest in them.
According to the BitSong team, each musician can be assured that their work will reach the audience without any negative influence preventing them. This means eliminating unnecessary personal expenses, any kind of manipulation in the rankings or the need for labels or distributors.

Problems

Fund

However, this usually does not happen, because the artist does not have the money needed to create the music video because he has no relevant contacts and because the record company rarely invested time and effort into the song. . An artist can often find they have spent considerable time and funds without profit or revenue.

Advertisers


Bitsong will provide advertisers with an easy way to reach their audience, thus avoiding intermediaries that only increase advertising costs. The company will give them the option to choose the amount of money invested in each individual ad. In addition, advertisers will receive data to measure the results of their marketing campaigns.

Income


Think about the last time you used the streaming platform, heard or watched a music video that contained ads. You have negotiated the use of the platform by giving away your time while the ad is playing. You gave up your time without getting anything out of it. Bitsong aims to change that by letting users listen to music, the chance of being paid to hear the ad in the music, corresponding to the amount of money the advertiser spends. Ten percent of the money will be retained by BitSong for ongoing platform development costs and the remaining 90% will be split between the user listening and the artist creating the song.

BitSong's online distribution solution


BitSong has a number of measures that it plans to implement to maximize the potential of a musician. Based on the white paper, BitSong artist :

  • No longer need a record company to upload music
  • Will receive revenue from ads created by one's music
  • It is possible to resell songs and use them on social networks to build fan loyalty
  • Will receive payment immediately
  • There will be a better idea of ​​the cost involved without having to spend too much
All of the points listed above are thought to be possible due to the use of BitSong by Interstellar File System (IPFS). IPFS is a peer-to-peer file system that aggregates all computer devices into one. In doing so, a high throughput storage block will be provided, as well as content resolved with hyperlinks to them. In addition, artists can now distribute their work, not worry about copying their work and content will be loaded at a much faster speed, can save bandwidth outside. .

Now you get paid!

BitSong BTSG Token and ICO details


The BitSong Token, BTSG is the currency of the corresponding platform and can be used to fund or donate, purchase songs, tickets and merchandise, vote and other essentials. Another interesting feature of BitSong that users may be attracted to is their ability to get paid to listen. In particular, the user will be paid for "User Attention", that is, whenever people hear the ads, they will be paid for it.

With regard to the initial offering of coins, it is assumed to begin between the middle of May and the end of May 2018, where 47% of its cards will be distributed. The rest will be distributed among reserves, teams, airdrops, mentors, partnerships and bonuses. During this time, a fixed price has not been disclosed.
  • PRE-ICO 05/21/2018
  • Bonus: 30%
  • Duration: 7 days
  • Hardcap BTSG: 15,000,000
  • Public: 05/28/2018
  • Bonus: 20%
  • Duration: 14 days
  • Hardcap BTSG: 10,000,000
  • Icon: BTSG
  • Initial value: $ 0.062 = 1 BTSG
  • Type: ERC20

Distribute the token


Team

Apply as an advisor

Angelo Recca

CEO & Founder

Rosario Ticli

Founder

LinkedInFacebook

Salvatore Farruggio

VP Product

Gas Incatasciato

Music Producer

Fabio Vindigni

Digital Video Strategist

Alfonso Santitoro

Digital Marketing

LinkedInFacebook

Iulian Anghelin

EMEA Manager

Giovanni Melfi

CTO & Blockchain Developer

Francesco Martorana

Artist Manager

LinkedInFacebook

Alessandra Recca

UX/UI Designer

Tiziana Mazza

Social Media Manager

Serena Di Pasquale

Social Media Manager

Bogdan Fiedur

Advisor

Nikolay Shkilev

Advisor

Vladimir Nikitin

Advisor

George Han

Advisor

Paul Scott

Advisor

Reuben Godfrey

Advisor

Giacomo Arcaro

Advisor

Giovanni Casagrande

Advisor

Conclude

Overall, the idea behind BitSong seems to be robust, as many listeners have turned to streaming platforms to download music.
No doubt BitSong is a very successful project, which will make it one of the strongest competitors in its field, as the idea is new.
If you would like to know more about this project and would like to investigate the technical specifications and other data of interest, we can only encourage you to read the detailed and detailed report that you may have. the idea of ​​the importance of the project and the potential for expansion and application that it has.
Details:
author:
rivaldo2020
BTT Profil link: 
https://bitcointalk.org/index.php?action=profile;u=2051385
0x320f6344D4BE878C96e77AD580e2EE132C4BF6F8

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