Hi everyone, here’s the September micro-update I promised you guys yesterday.
As you already know, BitShares 0.X was not quite enough for PeerTracks to be able to make use of in a consumer-facing website for non-crypto heads. So Eddie flew up to Virginia last month to spend a couple days with the Cryptonomex team.
Great things came out of that short trip!
We’ve figured out a way to launch sooner than expected by focusing on the creation and selling of Artists UIAs, which is the essence of this whole project.
This short-term pivot had the consequence of creating a template for any an all celebrities to create their own UIA – all without extra work.
I love how every time we hit a little bump in the road, the project’s potential grows from the solutions we find.
We’ve also figured out a way to get major music catalogs on board from the start, by
not being an obligatory streaming platform, but by being a
retail outlet, fan engagement and fundraising platform that can make them a LOT of money… Of course opting in to streaming is but one click away now that their music is already on our servers for retailing purposes. (Is there a Trojan horse emoticon?)
Just to clarify, anyone can allow streaming of their music/podcasts/audiobooks from the get-go if they hold their own copyrights, but instead of turning away the major labels (that usually demand upfront cash and stock among other things) we can now accept their catalogs for retail and create profiles and UIAs for all their artists – added value to them.So just know this.
- There will soon be a way for anybody with a fan base to engage them via the creation and sale of his/her own UIA – no need to be a musician.
- There will be a music centric App called PeerTracks (which you’ve seen a leaked screenshot from!) that focuses on music retail, music streaming and talent discovery. This is still our Beachhead market of course.
All using the MUSE blockchain – the backbone to the new entertainment industry
OctoberIn other news, we are attending the
Fair Music Public Forum held by Berklee’s Rethink Music on October 2nd in Boston.
A lot of big players will be attending since the focus can be summed up as “solving the problems of the music industry probably using blockchain technology” haha. Naturally, we will show up to the event!
I’ve also been asked to speak at the
Future of Music Coalition on the "New Adventures in Direct to Fan" panel, set for 10:05-11:05am on Tuesday, October 27. The conference takes place Oct-26, 27 at Georgetown University in Washington, DC.
And to those that where wondering, MUSE will be launched shortly after BitShares 2.0 since:
- There’s already a bunch of BitShares delegates ready to rock and roll on the new Graphene chain
- There’s already a large tech-savvy community that can help test the live chain and bug report
Once smooth, MUSE will be launched – expect a 3-4 week delay between both launches
You’ll be able to see the basic PeerTracks Web App in action and the Entertainment Wallet in action before MUSE launches.
That’s it for the micro-update. This is probably the last time I'll make an update without showing off what we have. In fact, we'll very soon
need you guys to take PeerTracks and MUSE for a spin.
Thanks again for your eternal patience!