BitShares Forum
Other => Graveyard => Muse/SoundDAC => Topic started by: cob on April 16, 2014, 05:55:40 pm
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Hey everyone.
Just a quick update on the front-end project.
Eddie Corral and I are setting up a business that will create a website/social network that will be a mash up of:
-Pandora
-8tracks
-grooveshark
-the itunes store
-kickstarter
This will also allow you to buy and sell shares of individual songs. So add to that little list, a trading platform for digital shares of songs.
The reason we haven't updated... at all, is that we are still hammering out the vision and intricate details of not only the site, but of the legal structure and business plan.
We will update ONCE we have everything set up and ready to rock.
As for Zenithcoin, forget about that. It will have nothing to do with this project. We are rebranding and going to be using another method as far as funding goes.
Just a quick update.
What to take home from this little thread? When we have relevant news, you will know of it. Until then....
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cob!!! u rock dude
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thanks for the update, really looking forward to this project!!
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cob!!! u rock dude
Do I!? Care to buy some shares of my songs? ;)
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Potenially! Can I prehear (aka listen) before buying?
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Thanks for the awesome update! To me, this is the most exciting DAC. Can't wait to see it once you guys have it ready.
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Very exciting, thank you for update.
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Potenially! Can I prehear (aka listen) before buying?
I think the idea is that we can leave the pay-to-listen model behind completely... Can't wait to hear details about incentive setups
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You can listen to / stream as much music as you want.
Pay to download the audio file.
Pay to own a share of a song as well.
When you own a share, the income from those that pay for the mp3 goes to the sharesholders. Whether the artist holds 100% 50% or 0%.
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Artists are gonna love this.
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You can listen to / stream as much music as you want.
Pay to download the audio file.
Pay to own a share of a song as well.
When you own a share, the income from those that pay for the mp3 goes to the sharesholders. Whether the artist holds 100% 50% or 0%.
Can you explain the role of the blockchain? If you have to pay to download the audio file then what does the blockchain contain?
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Blockchain implements market and insures assets are liquid and portable.
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Blockchain implements market and insures assets are liquid and portable.
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BM, please elaborate if you can
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So it's a branded ME clone with a centralized company doing business development... Sounds good to me!
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How will shares be distributed? will the artist start out with 100% and then start leaching out shares ripple style at a fixed price (until a secondary market develops), or will the artist be able to auction their shares AGS style? Does the artist get to pick what percent of the song they want to keep and what percent to sell or auction? Do they have to sell shares in individual songs, or can they just choose to sell shares in an album?
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How will shares be distributed? will the artist start out with 100% and then start leaching out shares ripple style at a fixed price (until a secondary market develops), or will the artist be able to auction their shares AGS style? Does the artist get to pick what percent of the song they want to keep and what percent to sell or auction? Do they have to sell shares in individual songs, or can they just choose to sell shares in an album?
All of those are possible by default in ME
(actually IDK if auction is a default tx type but it easily could be)
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Eddie Corral and I are setting up a business that will create a website/social network that will be a mash up of:
-Pandora
-8tracks
-grooveshark
-the itunes store
-kickstarter
This will also allow you to buy and sell shares of individual songs. So add to that little list, a trading platform for digital shares of songs.
+5% That sounds really cool.
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Hey everyone.
Just a quick update on the front-end project.
Eddie Corral and I are setting up a business that will create a website/social network that will be a mash up of:
-Pandora
-8tracks
-grooveshark
-the itunes store
-kickstarter
This will also allow you to buy and sell shares of individual songs. So add to that little list, a trading platform for digital shares of songs.
The reason we haven't updated... at all, is that we are still hammering out the vision and intricate details of not only the site, but of the legal structure and business plan.
We will update ONCE we have everything set up and ready to rock.
As for Zenithcoin, forget about that. It will have nothing to do with this project. We are rebranding and going to be using another method as far as funding goes.
Just a quick update.
What to take home from this little thread? When we have relevant news, you will know of it. Until then....
+5% Breaking Good News !!!
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Great update. :D
Remember, if you need more money, staff, promotion, lawyers, etc. just release a thorough plan of action and do a round of angelfunding.
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Great update. :D
Remember, if you need more money, staff, promotion, lawyers, etc. just release a thorough plan of action and do a round of angelfunding.
Or run an IPO for yourself on Bitshares Me. If it comes out first...