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Offline gamey

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Tired of market mechanics and fixes ?  Tired of taking over Wall Street?  Want to hear how music industry will be taken over ?  Well here we go !!

https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson

0:00 Cedric Cobban gets his mic working and it is showtime. He introduces himself and Itnom / Tautalent of BitSapphire.
1:03 Cob starts talking about where things have moved with the Bitshares Music DAC.
2:52 Talk about how dilution will be a feature of the Bitshares Music DAC.
3:49 Cob talks about the exact split as currently planned.
5:40 Discussion about how the web wallet being introduced will not be focused on crypto-types.
6:34 Will the DAC be independent of the website ? What is the interaction of Peertracks website with the DAC.
9:03 How will the storage of the files work ? Ownership? How is revenue from artists separated out from DAC revenue ?
10:55 What are NOTES ? More discussion about where revenue comes from. A very extensive description of how it will work.
17:40 How do the owners of the NOTES realize a profit ?
25:15 Itnom explains the evolution of the Music DAC idea and what his Ahhhh Ha! moment was.
27:42 How about moving this from audio to movies ?
30:50 Explanation of how an affiliate system will be used to generate revenue through links to help incentivize.
31:50 How about having enough capacity for infrastructure ? What all can be sold ?
35:00 Talk about piracy concerns and how the Music DAC would work internationally across the localized music sites. What all can be sold ? It can go to access to the artist ?
40:00 What PeerTracks is for.
41:13 Why not have all sales go to burning up the coins ?
44:00 How about insider trading on your own coin as an artist ? Fuz talks about being oiled up naked walking around.
45:44 Is a lightweight client needed to protect wealth in the DAC when used without a website ?
46:36 The artist can decide on what percentage is burned ?
49:45 Fuz brings up how a mother could buy up the shares of her bitCocaine addicted wannabe rockstar son and lift him up from his lowlieness.
50:46 How does Peertrack make money ?
« Last Edit: October 04, 2014, 11:26:36 AM by gamey »
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Offline gamey

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Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #1 on: October 05, 2014, 01:37:36 AM »
Ok Itnom's name is Taulant not my butchered previous version and https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson now has a new logo.

I speak for myself and only myself.

Offline tonyk

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Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #2 on: October 05, 2014, 01:55:01 AM »
Ok Itnom's name is Taulant not my butchered previous version and https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson now has a new logo.

Is the new logo the '(Real Loud), Talking warm?'
... It might just work, btw... see my recent posts regarding' half eaten apple' working more than fine as a logo.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Shentist

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Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #3 on: October 05, 2014, 06:12:49 AM »
thanks a lot everybody

@Cob

what i don't understand is the legal problem. can everybody create a Artistcoin and sell it, because they thought i am "50 Cent"? Or do you audite them before with a upfront fee for peertracks?

Offline gamey

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Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #4 on: October 05, 2014, 03:56:35 PM »
thanks a lot everybody

@Cob

what i don't understand is the legal problem. can everybody create a Artistcoin and sell it, because they thought i am "50 Cent"? Or do you audite them before with a upfront fee for peertracks?

https://bitsharestalk.org/index.php?topic=9669.0 is a good place to ask, but I guess using the at sign make flag the above post for him.
I speak for myself and only myself.

Offline cusknee

Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #5 on: October 05, 2014, 04:02:17 PM »
A lot of anticipation is being built for this DAC

Offline gamey

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Re: BitShares Music DAC ! Beyond Bitcoin - Very interesting stuff !!!
« Reply #6 on: October 09, 2014, 04:56:17 PM »
You guys should listen to this if you haven't.  I found Eddie and Cob to be 2 very friendly and engaging dudes at the conference.  Eddie is definitely working it.  I saw  some anonymous man lining that place full of peertracks cards, then Brian caught flack by the organizers. 

Peertracks?  Thats not us !  Sorry, I didn't do it.

decentralization :)

https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dac-edition-2014-10-03-starring-cedric-cobson
I speak for myself and only myself.

 

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