Salam Community Music, on this blog I will introduce about Potential Music Ecosystem Appreciation project, and for more details let us discuss the following discussion :
Potentiam is a social network of media collaboration and decentralization. Created by the Britznbeatz team that has built a solid subscription base and ongoing interaction with music creativity. We connect music creatives directly to their target market.
SUMMARY MODULE
Blockchain Ethereum is a public blockchain, a functionally distributed ledger where the Potentiam Ecosystem is built using standard standard ERC token structure standards.
Potentiam is a carefully cultivated Social Media collaboration network in the heart of the blockchain ecosystem that allows people to combine talent and effort to create music or entertainment based projects.
The Potentiam ecosystem allows direct interaction between content creators, influencers and supporters This eliminates the need for intermediaries. The Potentiam feature can be summarized in the points below :
- Sources for interesting content from the music world
- Music artist promotion
- Social CRM ( Identifying, retaining and refreshing relationships )
- Crowdfunding & Tokenized Opportunities
- Job creation and reward for Writers
- Reward for contributors in the project
- Crypto is stable
- Advertising opportunities
- Short message
Having a parallel unit of cryptocurrency means having shares in the underlying network. PTM holders not only have a certain number of currency units. These units, other than as exchange units, are the future 'share' of all network success. Millions of people around the world can align their economic incentives using PTM. Use of bitcoin, ether or other cryptocurrencies can be used, but we deem it necessary to use our cryptocurrency ( PTM ) for the benefit of this project to encourage strong community around it ( loyalty program ).
Profit Sharing Token
In both scenarios, the creators of the project after consultation with the legal advice they may choose at the point of manufacture to use the re-token as a decryption benchmark that gives people access to future content or as revenue-sharing tokens in which revenue generated from the Project is distributed to the crowdsale token.
Target market
Potential targets two major markets :
- Music & Marketing Promotion
The record companies are estimated to annually invest $ 4.5 billion worldwide for marketing. It represents 26% of industry revenue. Marketing and promotional costs are the biggest expense for record companies in new artists. Artists pay anything from $ 100 and get promotions. The global music business is said to be worth $ 15 billion and that number will increase, Potentiam will seek to expand its target market area in the future.
- Social Media
Facebook earns more than $ 26 billion in revenue by 2016. User content on social media platforms generates billions of dollars, Annual growth continues. There is no doubt for the power of social media communication.
Allocation of Token
- A total of 100 million tokens will be created using the platform.
- The diagram below shows the token allocation mechanism used for PTM.
Budget allocation
Our goal is to provide a broad and innovative experience with the features at Potentiam. The collected property will be used for network technical development, legality, testing, deployment and network marketing. Ten percent of total Tokens supplied will be locked into smart contracts and accessible after one year. This is to demonstrate our commitment and trust to the value of PTM to investors. If crowdsale does not reach the anticipated amount, we have a strategy to re-adjust the schedule, development and marketing process to safely accommodate the results.
Fiscal policy
We can manage commercial profits based on the level of external competition, changes in operating costs and other unknown factors. This is a way of managing the token issued at this time without taking drastic measures related to monetary policy. The fiscal policy measures highlighted here are not directly related to the management of token supplies in circulation but are somewhat related to the management of token flows through indirect economic incentives. Potential use increases in commercial profits, which increases the demand for aggregate tokens (from D1 to D2 in the diagram below). Such actions may occur in combination with monetary policy decisions, for example, the demand for a combined token increases through fiscal policy decisions, issuing firms may also release further tokens, which may be held in escrow, increasing total supply in circulation ( from S1 to S2 in the diagram below ). Increased supply in Indonesia Distribution and demand due to rising commercial profits may have minimal impact on current market prices. This simple thinking experiment can be visualized in the following diagram :
Roadmap
Tim
Marcus O. Adetola - Exclusive Supreme Official
Marcus ventured into the music industry that manages new artists and witnessed tremendous difficulties today. Being a person who does not see barriers just chance, he founded Britznbeatz a musical discovery music music platform. He is an all-round entrepreneur and problem solver.
Ben Balogun - Chief Operating Officer
Ben is a serial entrepreneur who earned a BSc degree in Accounting and Finance from the University of Plymouth, his passion is music and fintech. He founded Britznbeatz and now Potentiam. He envisioned Potentiam giving control over creative direction and rewards in the music and entertainment industry back to the people with the help of blockchain.
Ali Zain - chief technology officer
Ali Zain has more than a decade of experience in developing Full-Stack applications. He is an expert in the development of blockchain, cryptocurrency & ICO. He also co-founded Ideofuzion.
Advisor
Daniel Lerner
Peter J Nelson
Mark Williams
Kim Barsegyan
Stefano Paluello
Brooks Clifford
Music industry leader Daniel Lerner is a Grammy-winning 4-time engineer. He has worked with the likes of Daft Punk, Mick Jagger, Dave Stewart and Pharrell Williams. Daniel started his career working on music for dozens of movies including TRON : Legacy, 3 Bourne movies, Mr & Mrs Smith and Happy Feet. Daniel combines and records movie values in the state of Los Angeles-based art studio and also produces newly emerging music artists.
Mr Nelson is the current marketing director for Pro Motion, the oldest independent music promotion company in America. The client consists of independent and established recording artists and songwriters on key record labels, including Columbia Records, Warner Bros, RCA, and Atlantic Records. Have an amazing ability to find / recruit talents and develop partnerships.
Mark 'Tarboy' Williams is one of two members of the hip hop duet that produces the Trackboyz duet. Among the hits that they engineered included Nelly's' Air Force Ones' ( # 3 on Billboard Hot 100 ), D12's 40 Oz., Nappy Roots Po 'Folks ( # 21 ) and' Tipy 'J-Kwon ( # 2 ).
Kim is a visionary designer specializing in logo / brand identity and UI / UX / web design. Working with diverse businesses around the world, he applies best practices in visual design, psychology, and imagination to help conquer the hearts and minds of people.
Stefano Paluello Polyglot is a developer and experienced technical manager with over 15 years experience in the IT market. Former Microsoft SDE and founder / employee of different startup startups, one of the first to engage in Blockchain for Enterprise space, based in London and Vancouver. Currently working as a Blockchain consultant and Tech Advisor / CTO for startup fintech ( using Blockchain or DLTs as well.
Brooks first discovered bitcoin in 2013 while working at Morgan Stanley as a financial advisor and has been obsessed with crypto currency ever since. Bitcoin combines two of his favorite topics; technology and finance and he likes to discuss both sides of the world. Brooks founded DCI Capital Advisors, LLC a private investment group. Their mission is to provide an exceptional return to investors in the crypto-currency space.
For more information please visit the link below :
- Website: https://www.potentiam.io/
- WhitePaper: https://docs.wixstatic.com/ugd/73bd45_581334cbc5bc4d1a9cce6ee2133a7049.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=2209815.0
- Facebook: https://www.facebook.com/potentiam.io
- Twitter: https://twitter.com/potentiam_io
- Telegram: https://t.me/potentiamgroup
Author Article: xiomynote04
ETH: 0x6Aa76052521184f5a3adcfD24BaB274b0D811A86
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