cob!!! u rock dude

Do I!? Care to buy some shares of my songs?

Hi everyone.

Eddie and I are developing a front-end website to the Bitshares Music Blockchain. In a nutshell, a stock market for music.
This is going to be a centralized corporation. We are currently looking for the best possible jurisdiction and corporate structure for this.

Question to you is, do you know of an expert we can talk to regarding this issue?

We will set up in any country in the world that allows us to operate and taxes us least.

Thank you for your help guys!

Jeffrey Tucker for sure.
Jeff Berwick perhaps?

Is there a white paper or a thread explaining it in detail?

While we are at it, anything explain Bitshares Domain. I heard Bytemaster say it wasn't the same as namecoin. This got me curious about it.

Well Bitshares Music will be the back end of websites running on top of it.
The pandora/8track/groveshark-ish website that allows you to create a profile and upload your songs will have a few mecanisms in place to garantee that a song (and all the songshares) was uploaded by the correct artist / band / record label.
You have the market for starters. People will not invest in a song that could just get ignored once the real celine dion tweets that Mario69 is not the one singing in my_heart_will_go_on.mp3
So the market/investors will want to make sure they are putting their cash in the place that will produce the most ROI.
Second is the Flag/report button. This could make the jukebox ignore the song and skip it, until the issue is resolved.
Third you could have a "verified account / profile". So when the song has a green check next to it, it's because the uploader proved that he or she is the content creator (or the record company that has the rights to Beach Boys - Surfing USA)

Does this make sense?

Quote from: cob on February 14, 2014, 02:53:17 am

Oh and could you adress this when you have a moment please?

"And I remember you mentioning people could just take this blockchain and copy it over to multiple sites.
How would this effect the ecosystem? Is it a fork, diluting everything? Care to explain?"

Thank you sir!

This is no different than having multiple block explorers out there.

But it wouldn't help MusicShares gain value.
Unless the listener likes a song and decides to track it back to the original website where he can purchase it.

Because let's say the underlying protocol is the MusicShares blockchain. The jukebox padora-ish website uses the MSH blockchain in order to know what songs to play and when. People use the jukebox/website to put MSHs in the specific songshares they like. When the jukebox plays it, dividends are paid out.

Now if, say, a Chinese website pops up. Using the same exact blockchain as reference. It could theoretically just play all the songs for free, it just couldn't vote on what song is played next. Users of the Chinese website could just be passive listeners. Unless of course they buy MSH and start paying/voting.

Now this could make it so that many many personalized playlists could be done by millions of users all over the world that would not contribute any income to the jukebox. They would just listen to their custom playlists and use the blockchain as reference for what plays next. They would just "freeload" off of what the jukebox filters (the crap from the good stuff) and listen to pure good stuff without ever having to pay a penny.
Not that that's inherently bad of course, but the aim is to increase the incentive for artists to put up their stuff online. They need to get paid somehow.

The jukebox kinda seems to take a backseat in this situation no? Meaning another site can just use the blockchain and not pay out.

Your individual stations wouldn't be on the blockchain... just the public stations.  Think of the public station as 'broadcast radio'  where as private stations are like pandora.   The software on your local computer would perform the calculations to find similar songs and play them for you.

Ok i see. So the personalized playlist wouldn't be a money generating jukebox. It could generate income if someone discovered a song they liked and invested in it or got the album. But the jukebox option is just for public stations.