BitSong – The Decentralized Music Streaming Blockchain

The Bitsong project is one of the few projects that are trying to bring something unique and unusual to the blockchain industry, namely decentralization to the music industry. Right now, a lot of enterprises have been created and launched on the Ethereum blockchain. Some of them manage to stay afloat and realize their ideas, while others evaporate as a result of the bearish stage of the market. Be that as it may, enterprises with strong foundations and progressive thoughts are a special case that is moving forward even in this difficult economic situation. These endeavors convey an extraordinary stimulus to the market in the process and to those who support these ideas

The list of these successful startups will be added to another interesting project. This enterprise is another promising creation on the blockchain, besides it will provide an opportunity for decentralization in the gigantic existing industry, namely in the music industry. The name of this project is Bitsong

Indeed, Bitsong is not another digital money business, but one of the few enterprises that are trying to bring some major changes to the world of technology. Bitsong is a project that is based on the Ethereum blockchain and which is trying to decentralize the music industry. Since we generally think that most of the projects are aimed at monopoly and financial gain, Bitsong still has another task: to destroy this stereotype among the majority of users

The main advantages of the BitSong platform

  • Download:
    You can download new songs for free and you can seasonally create your own music channel on the BitSong platform and get your own copyright sign, which will help you become more popular in a relatively short time, as well as collect your own audience worldwide.
  • Selling:
    The BitSong platform helps you sell your songs to anyone for any price, and you can also get bonuses from music lovers to stay motivated and work more.
  • Bonuses:
    As a music lover, if you are interested in any song of any artist you can support the artist by making him a so-called donation. Thanks to this, you can get more music from your favorite artist on the BitSong platform.
  • Earnings:
    You can also earn a BitSong token during the game. Yes, it is very easy and very useful for everyone. On this platform, you can both earn tokens and sell your tokens at any time on the exchanges.
  • Listening:
    You can listen to your songs on any TV, smartphone or PC at any time from anywhere in the world. You can easily connect your TV, smartphone or PC to the BitSong platform to play your songs.
  • Sponsorship:
    BitSong allows you to sponsor your songs. On this platform, you can sponsor your song or any song to make it even better.

As a musician, believe that the BitSong platform is a real boon for the music industry. Personally, I and many music lovers would like to have an application on their device where you can not only listen to music but also perform such interesting functions that I described in this article. With high probability I will say that the project will achieve its goals

BitSong is the first decentralized streaming music service that allows you to earn money by listening to your favorite songs. from $ 7.4 billion in 2017, revenues from streaming music services accounted for more than 40% of the total musical income of the world and are steadily growing every year. Streaming services have become an important tool in the modern music environment. Nevertheless, we, as users of these services, must pay money for their use in order to listen to our favorite songs, podcasts, etc. The BitSong platform aims to change this and become unlike any other music streaming service. The BitSong platform will be built on the Ethereum blockchain using IPFS (Interplanetary File System) technology and be different from popular streaming services such as Spotify, Google Play, etc. some interesting points.

Firstly, BitSong does not incur costs for its users. Instead of paying for music, the user can earn money while listening to music – 90% of the advertising revenue will be distributed between the creator and the user, so every time the user hears the advertisement, he receives money in the BTSG token. In addition, BitSong gives fans the opportunity to directly support their favorite band / artist / video artist by donating. So, for example, this small group from New Zealand, which you found, has only 1 thousand listeners and would you like to hear more from them? No problem, since with BitSong you, as a fan, can donate BTSG tokens directly to the creators to support, for example, their upcoming album. But BitSong not only cuts middlemen for musicians,

The BTSG Token will be the payment means of the platform used for everything that is paid or bought on the platform (songs, tickets, advertising, merchandising, etc.). Thus, as the subscriber base grows, the demand for BTSG will also grow.A public sale of BitSong is currently launched; and the project has already reached its Softcap (the minimum amount required for the project )

ICO Details

  • Token: BTSG Token
  • Type: ETH (ERC20)
  • ICO Price: 1 BTSG = 0.000089 ETH
  • Min. purchase: 0.01 ETH
  • Total delivery: 1,000,000,000 BTSG
  • Available offer: 500,000,000 BTSG
  • Soft cap: 4,000 ETH
  • Hard cap: 35,000 ETH
  • ICO start date: August 10, 2018
  • ICO end date: November 10, 2018

All unsold tokens during a public sale will be burned

The Conclusion

BitSong can be a key player in the music industry role. They have everything they need to succeed in this. Now it all depends on which service providers establish partnerships with them. With the promotion, the project will expand and occupy the market share of the largest players. Although BitSong is developing a new technology, they will still have to compete with such streaming giants as Spotify, Soundcloud, Apple Music, etc. Well, how about the future of service will determine only the future

For more information on this platform follow the links below




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Author: anelka

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