BitSong ( BTSG ) – Music On Blockchain

BitSong is the first decentralized streaming music service that will allow 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 volume of music revenues in the world and are growing steadily 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 to listen to our favorite songs, podcasts, etc. The BitSong platform is aimed at changing this and becoming unlike any other music streaming service
The BitSong platform will be built on the block chain Ethereum, using the IPFS (Interplanetary File System) technology and differ from popular streaming services such as Spotify, Google Play, etc. some interesting moments. First, BitSong does not require 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 an advertisement, he receives money in the BTSG token. In addition, BitSong gives fans the opportunity to directly support their favorite band / artist / video artist, donating. So, for example, this small group from New Zealand, which you found, has only 1,000 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 creators to support, for example, their upcoming album. But BitSong not only reduces intermediaries for musicians. The BTSG token is a platform payment tool used for everything that is paid for or bought on the platform (songs, tickets, advertising, merchandising, etc.). Thus, as the subscriber base grows, the demand for BTSG will also grow. Currently, the public sale of BitSong; and the project has already reached its softcap (the minimum amount needed to implement the project)

Vision of the project
Use of Blockchain
BitSong has become the new standard in the music market and has been fully developed using the technology available in the block room. BitSong is a block (now you can see ads on YouTube, Spotify / Streaming, iTunes marketing and Beatport, music videos of social networks, this will be the base community.) I will try to solve it once
WEB-RADIO / TV
They plan to create an official web radio / television that will broadcast the best tracks on the platform. There are music competitions where artists advertise music (only users with BTSG tokens can express their preferences). In addition to official radio programs and web TV programs, you can also open broadcast channels that you can play directly on the platform
Blockchain Charts
Today, records are easily assigned or modified by external sponsors. BitSong defines the actual music classification of the evaluation, the feedback (streaming, comments, etc.) of all the users who wish to store in a unique and verifiable first block
The Token
The BitSong marker (symbol: BTSG) is used as a platform, sponsorship, donation, currency purchase and used to vote. With the Ethereum blockchain system, the community is compensated quickly and safely, eliminating unpleasant problems and delays in currency

Long-term project
BitSong is a long-term project, and all calculations are done to ensure a “sustainable” workflow (regardless of the different market fluctuations).
Tokens are important in the following aspects
• Sponsorship
• Donate as a gift
• Buy music
• Voting results
• Buy a ticket
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 the public sale will be burned
The main advantages of the BitSong platform
• Download
You can download new songs for free and can create your own music channel on the BitSong platform on a seasonal basis and get your own copyright mark that will help you become more popular in a relatively short time, and also build your own audience around the world
• Sale
The BitSong platform will help you sell your songs to anyone and for any price, in addition, you can receive bonuses from music lovers to stay motivated and work harder.
• 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 will be able to 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 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
The Conclusion
BitSong can become a key player in the niche of the music industry. They have everything they need to succeed in this. Now everything depends on what kind of performers the service will establish partnership relations with. With the promotion, the project will expand and take a share in the market of the largest players. Although BitSong and develops new technology, they still have to compete with such streaming giants as Spotify, Soundcloud, Apple Music, etc. But how the future of the service will actually determine the future of the service

Official Links for More Details

Official Website: https://bitsong.io/
Whitepaper: https://bitsong.io/docs/whitepaper_en.pdf
Telegram: https://t.me/bitsongofficial

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