FLUXORIN ~ PLANKTON

FLUXORIN - DECENTRALIZED MUSIC STREAMING PLATFORM

Foto FLUXORIN.io.

Peaceful greetings of the universe, this time I will discuss about ICO or project FLUXORIN, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).

We now live in a world were digital music has created an apparent drastic shift in the way in which consumers and producers see the music industry and also view it. The existence of these music files that have been digitally compressed, thus making them easily attainable to all for a small fee or it can be illegally downloaded for free and it has made the music industry to revaluate how they are to make a profit off their art form.

Social media websites have also created a known demand from consumers which would enable artists to maintain a consumer-artist digital relationship. This will make the Internet not only a promotional vehicle for artists, but also a necessity for profit.

These new means of music distributing and marketing have not only pushed the music industry to new levels, but has created a whirlwind of changes as record labels are losing control, with artists and consumers having the upper hand. The music industry as it is widely known, was formed in the first half of the 20th century with the advent of the music recording technology and at that time, it was a very hard and costly process.

This rapid growth of new technologies has caused huge alterations in what was once a straightforward business model for success in the music industry, and it has caused many industry leaders to take a second look at how to tackle their art form.

The pressure that consumers have placed on the music industry to keep up with their demands is quite much and It is expected that record companies and independent artists develop new means of communication and distribution of their music as the Internet and online databases explode with popularity. In this digital age, labels are losing much of their importance and artists are more capable of promoting themselves, granting them more ownership over their own work.

The digital age is continually encroaching on the lives of people and consumers are demanding the music industry to keep up with these changes, which in turn, has led to financially devastating consequences for this industry. In a world we live in, we see that it is full of conflict, economic despair, war and constant turbulence among nations and there is only one entity that few can say they genuinely hate and that is music.

Music is a vital part of our society as well as a part of societies throughout the world. It is art that strives to feed the soul and paint a canopy of emotions through songs. With this being said, it is important to note that the world have reached a time when music has become so easily attainable that anyone who has a computer can potentially become an overnight phenomenon. Much of this shift can be attributed to the digital age and its undeniable presence in the music world.

The FLUXORIN platform was created to harness the blockchain technology which will be used to solve the problem of artist royalties and payments made by providing transparency to the complicated chain of rights ownership and usage in the digital distribution of music, as well as offering a new model of the music creation process through the Decentralized Autonomous Labels.

With the low operational costs, and the help of the smart contracts, all of the people and organizations that participated in the creation of the music piece, would be able to set the percentages of the ownership, and thus the part of the revenue stream generated by the track.

The usage of peer to peer storage and delivery technologies would allow the music in question be published and distributed in much higher quality by sharing playlist with friends on the network while keeping the costs down. They are the protocols of the future Internet.

OPPORTUNITIES OPEN FOR ALL

The FLUXORIN platform is not only designed for a new paradigm shift, but is also offering a great opportunity for larger stakeholder groups. Big labels may have to adapt to the new system, but they can benefit from this platform because the whole market scale can be enlarged, they can work once and harvest forever and worldwide. They can put their copyrighted content onto FLUXORIN blockchain and keep enjoying the up scaled consumption.

With FLUXORIN, today’s streaming music services don’t need to process hectic paper works to prepare reports and pay musicians, instead, all the information are open to access by anyone in the world, instantly. FLUXORIN is designed for both musician and listeners, but will eventually benefit the whole industry even traditional players. Marketers, promoter, DJs, and social curators can also benefit from this system, which can spawn new values for listeners, thus generating returns to them.

Start-ups can also build more innovative technologies and services upon FLUXORIN system to meet diversified demands from the network; Hardware makers can create tangible and wearable smart gadgets to extend the glory of musical devices in our cultural legacy.

Big open data on FLUXORIN blockchain can also lead to more intelligent music recommendation. Based on this system, Artificial Intelligence can help play more and more important role to help users to discover music based on their taste, which is learned by the machine. It can be very personalized because every playback history will become the foundation of more accurate recommendation in the next.

INITIAL COIN OFFERING (ICO)

The FLUXORIN platform is raising funds for its technical development, community engagement and participant outreach through the sale of The Flux Token. The Flux Token is the key element of the FLUXORIN network with which the labels, the artists, band member and every other entity involved in creative process will be rewarded which may be exchanged with other altcoin or for fiat at the exchanges.

The listeners will be able to purchase music with VBT as well as buy ticket to musical concerts or shows or tours on the VERBERDIN network getting it from the exchanges or local vendor (holders).

Token Name: The Flux Token
Token Sym: Flux
The VBT will be issued on the ethereum platform in accordance with the ERC20 model.
Total Supply: 702,000,000
Platform: ERC-20

Compatible wallets: All wallet supporting ether, they include: jaxx, myetherwallet.com and ERC-20 compliant.

Token Type: Utility Token
Total Available for Sale: 372,000,000