Author Topic: Monetizing of PeerTracks and MUSE *suggestion thread*  (Read 16318 times)

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Offline Ander

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Last year I remember some guy trying to pump MileyCyrusCoin on bter. 

How long until MileyCyrus Artistcoins surpass its marketcap? :P
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Tuck Fheman

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Leaderboards for who is the biggest fan (owns the most artistcoins of an artist) is a must.  People will buy coins to try to get themselves to the top.


#scoreboard

Offline Ander

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Leaderboards for who is the biggest fan (owns the most artistcoins of an artist) is a must.  People will buy coins to try to get themselves to the top.
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Xeldal

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PeerTracks Jukebox - A continuous playlist built by all users broadcast to all users in the jukebox.  pay to vote for whatever song you want played next.  highest voted song plays next.  Have a chat box so its a place to hang out/troll over music.     PeerTracks could keep the playlist bids or offer back some portion in a random game as an incentive to play the jukebox.  You could have all sorts of jukebox rooms that are targeted at specific genres or games.

No idea if that would work or if anyone would use it. 

Offline oco101

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Keep Peertraks completely free no limited account, for regular user and artist.

regular- could stream for free. If they want to buy artistcoins, Peertraks could charge a small fee that could vary depending on the amount they deposit. For example, you deposit 20 $ there is a 3% transaction fee. for 100$ 2%, 1000$ 1% 2000 more no fee

artists- they could choose themselves to pay a small amount for each artistcoin sold, and for each album sold on the site. It is optional if they don't wanna pay nothing so be it this is very good publicity on the same time.

The site should have a tonne of statistics: wich artist is on demand, most streams etc. all for free no premium paid needed. This should be free forever and for at least 1 year there should be free of visual adds. Later visual ads could be included. The more user the more data a lot of way to make money with all the data collected.

 

Offline Ander

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Muse itself could monetize in a similar way to BTS: from transaction fees, referral fees, etc.  Could be done via burning NOTES (or SmartCoins collateralized by notes), to act like a dividend to NOTE holders.
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jaran

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It would be great if peertracks allowed "Partner" level accounts that allowed others developers to stream music using an api.  For example for $x per month a partner would be allowed up to Xk streams or whatever.

then i could see an entire ecosystem growing around the blockchain very fast.

Very curious on the technical details on how the music is stored and who will have the rights to stream it etc.





« Last Edit: July 23, 2015, 04:54:32 pm by jran »

Offline ghost_of_the_internet

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I like the fact that you are reaching out to the community for ideas on this. I think the built in community is what will help set PeerTracks apart from the rest. I think the initial target market is crypto hipsters. How many of those exist is a mystery. I for one would fall in that category. Music nerds that love crypto will be super excited about this.

That said it's definitely a chicken or egg problem. If there is not a large selection of music that the casual music listener wants then what benefits does this service offer them? If there are no users then what incentive do artists have to add their music to the service?

Why would Taylor Swift want her catalog added to PeerTracks? I feel like you need to run with the Fair Trade Music idea and market towards educating artists on why this service will be better for them. Record labels will still need to exists but this creates an opportunity for artists to receive much better deals. It will take some time before this really can catch on.

Back to the topic, I saw the secret sauce post and really like where this is headed. There have already been a lot of great suggestions in this thread. I personally want access to all the analytics of streams. I think all the blockchain streaming data will be amazing and there will be lots of great uses for that. If you end up making that a part of the manager/agent/booking agency package that would be interesting. I wanna be able to use a map and see what bands and genres are popular in certain areas. I don't think you need to charge artists. There needs to be every incentive for them to sign up and use the site and offer their records up for streaming. If anything start out by charging a small fee for premium accounts to crypto hipsters that lets them have more control and access. I would pay for that even if there is not a lot of music on the site just yet.
« Last Edit: July 22, 2015, 08:30:25 pm by ghost_of_the_internet »

Offline emailtooaj

I would take advantage of the built in referral in Graphene, unless you feel that could be a conflict of interest or morally unjust?
Of course there's the Worker and Delegate side of the block chain to get income and use for the front end (PeerTracks). I'd assume that is already being considered?!!!

I agree with keeping this an Ad-free streaming service, if at all possible.

Here is my suggestion...

One source of recurring income could come from artists bidding for a weekly "bonus/featured play"  during the listeners time, within the same genre that the listener selected/created to listen to.
Maybe give the artist's an option to bid on their main genre and on another that's "one arms length" away.
What I mean by  "one arm's length"  is if it's "Alternative"  the artist has selected for their Main Genre, then another genre that's similar (but different) to "Alternative" would/could be "Hard Rock" or "Indie" or "Punk" or what ever the categories may be?
So if the artist selects their main genre as  "Alternative" when they first sign up and they want to get quicker attention on their "new song" they've uploaded; they bid for that "bonus" spot of that week and that money goes directly to Peertracks.
They could also place a second/concurrent bid on another genre for that same week which is "one arm's length".

Peertracks could then cycle in the winning "bonus play" every hour or 1/2hr of the clients streaming. 

You could even go 3 winning bids deep and stream those as a group... so if someone is streaming and it comes time for the "bonus" play to trigger ( or have the trigger set to when the client is first opened) you would first play the #1 winner, then the #2 winner, then the #3 winner and then stream back to the regular user selection.

Just an idea  :P

 
Ps- the other ideas RE: the artist, producers, studio and talent managers using and joining a "paid community" is an awesome idea in-lieu of this!!

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Offline Akado

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- referral program
- artists pay a small fee per song they upload

-Let ads be optional, everyone could chose to listen or not to with a simple click. Those who allow ads are rewarded with fees.

get multiple level type of accounts
- regular, you can listen to any kind of music, it's completely free
- artist, you pay some kind of a one time small fee
- manager (insert here any kind of other privileges this account could have), you pay a one time higher fee
On these level accounts, it should provide - and this is really important - the basic and whatever features people want to everyone. The only difference should be some kind of business tab that would be added or something so no one would have that feel of  "oh I must pay to have this or that". Higher level accounts should only be of interest to people who are leaning more to the business side while making everyone who just wants to listen to music satisfied with the service, without having to think that they could have a better service if they paid more. Service should be equal to everyone with that business tab thing i mentioned. Meaning, regular people wouldn't feel the lack of "privileges" they don't have and other higher level accounts do. Those privileges would just be business related stuff like issuing tokens, uploading music, etc, that they wouldn't even care about. I don't know if I made myself clear enough though. Hope it's not confusing.

- being able to tip artists as a token of appreciation. this could improve relationships and interactivity aswell as bringing in more transaction fees
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Offline bobmaloney

this kind of thread makes me wonder what those guys have been doing for the past couple of months? Are you serious talking about basic stuff NOW? Asking the community who has been waiting for almost one year to see first releases?

Very disappointing.

In all seriousness - this is most likely because you missed cobs redacted thread from a few weeks ago (which seemed well thought out and near finalization, IMO)

I suspect the large majority of their foundation is already in place.

I don't see anything wrong in a continued attempt at brainstorming - I'd be more disappointed without it.
« Last Edit: July 19, 2015, 05:19:48 pm by bobmaloney »
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Tuck Fheman

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I think this has already been said, but just in case, i'll say it another way ...

limited free account (n songs, n time, whatever)
tiered paid accounts > fan > groupie > backstage pass > roadie > manager

and all the other stuff everyone else said.  :D

Offline Marky0001

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this kind of thread makes me wonder what those guys have been doing for the past couple of months? Are you serious talking about basic stuff NOW? Asking the community who has been waiting for almost one year to see first releases?

Very disappointing.

Offline lil_jay890

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Easy.... Create a marketplace section that connects artists with promoters, agents, and venues.  Take a small cut from each connection or charge a subscription fee... Same model as dating sites and recruiters.

Offline giant middle finger

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I think the reason they aren't just going with that is that the model is freemium and they dont expect a lot of the potential users to ever pay any signup fees or anything.

The referral program is optional, just another revenue option.  Those with 2000 Facebook friends will make a killing.  Everyone else won't even notice the hidden option.

Nothing to lose, $$$$$$$$$ to gain.  The referral program is already game-proof.  Easy money.  No Risk.  Yours to lose.

I can see it now.  Little 14 year olds starting network marketing empires between classes (tell me that won't make the evening news) (VIRAL). Trading pokeymen, I mean Artist Coins, and getting their friends to sign up because it is cool.. This is little Billy's first crypto.  and you don't want to let him start a business?  Tell me what other crypto could hold a kids interest for more than 5 seconds.  DOn't deprive the yourh.

Adoption is the name of the game, and I don't see any 14 year olds even opening a bitshares wallet

This is Graphene crypto for the youth of america.  this is dogecoin2.0  if BTS is bitcoin2.0

don't skimp on the meat.

What do you want for christmas Sally? 

$100 busks to start a business?  WTF?

"Please mommy, all the other kids are doing it"

I dare you to show me lower hanging fruit.  This option is alteady coded, all we have to do is "not delete the option" (wow that was hard)

or we can just delete this option to teach our youth that individual capitalist enterprises are for suckers when the state is willing to take care of them. 

Wasn't one of our goals to funnel/educate people/groups/kids into BitShares?
« Last Edit: July 17, 2015, 10:55:32 pm by giant middle finger »