UK Start-up Creating Opportunities For Everyone To Be Part Of The Billion Dollar Music Industry

Data : 02/01/2018 @ 12:16
Fonte :ADVFN Crypto NewsWire

UK Start-up Creating Opportunities For Everyone To Be Part Of The Billion Dollar Music Industry

UK Start-up Creating Opportunities For Everyone To Be Part Of The Billion Dollar Music Industry.

There is a billion-dollar industry waiting for you to take your slice of it.

User-created content on social media has pulled in billions and the space is exploding. Mobile social users hit over 17% last year, permanently solidifying social media as a colossal, money-making tour de force. However, the best part is this industry is corporation and company proof. Its power lies completely within its user base which is growing faster than ever.

Facebook alone raked in 26 billion in 2016 and that's all because of its user base. This is an incredible time to be a creative because the landscape up until now has been a massive headache. Musicians, even in the social media boom, are still stuck working with pass and defunct intermediaries just to get their music published - and they cough up 86% of their profits on average. This is nothing more than theft which is why we're making the world a better place for musicians.

We created Potentiam, a new platform providing stable interaction and collaboration without middlemen and second hands that zap and gouge profits. Potentiam connects musicians with each other to chase common aspirations, goals - and it offers a safe way to make transactions. We're doing it. We're the first platform using blockchain tech and cryptocurrencies to create a fair landscape for musicians.

We created Potentiam in 2017 after learning about all the problem new artists face through our other leading company, music discovery platform Britznbeatz. Lack of capital, exposure, fair revenue distribution and a wealth of other setbacks ranked high in the minds and hearts of artists trying to make it. We took that information and decided we could make a difference. If you are contributing to the music industry, you should get a reward. It doesn't matter if you're a fan, a music blogger, writer, producer, or artist. If you love music, and you're part of the music ecosystem, you deserve to be able to show that with pride. How?

Let me give you an example. Talent is all over the world. I'm Nigerian by origin, and there is incredible talent in Nigeria that's just never heard. Sure, you can mention the Davido's and the Wizkid's, but that's just part of what makes the music culture in Nigeria phenomenal. This is the case across Africa and in countries all over the world. Music categories emanating from the Western World have, unfortunately, marginalized how unique music can be heard. I'm sure when you listen to Ed Sheeran's 'Shape Of You' you can detect a hint of afrobeat in his song. Don't get me wrong, he's talented, but we have indigenous artists, writers, and producers from all over the world with different styles of music. Exposure like that of Bieber and Byeonc takes astronomical levels of capital and incredible levels of production. So, how can you get that for a lower cost?

Potentiam is the Blockchain music ecosystem where music creatives can converge and collaborate from anywhere in the world. They can interact and transact knowing they are safe and there will be no loss. All transactions are performed with the use of smart contracts, a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract. With Potentiam, losses that could have occurred using traditional systems like PayPal will not happen. Plus, Potentiam uses a standardized currency(PTM), which means everyone is compensated based on the value they bring to the ecosystem. Potentiam also leverages a music creative's potential on social media. The more users engage in a social media network, the more brands advertise on the network, which skyrockets their profit. However, the fans who are making this all possible receive nothing. On Potentiam, we value every member of the community. You will receive rewards in form of cryptocurrency (PTM) for sharing, liking and even inviting other people to Potentiam, or offering your services to music creatives on the network for a fee.

The Potentiam ecosystem requires minimal fees, all of which are less than all the other counterparts out there. We use the word counterpart to mean transaction system but Potentiam has no rival. The economics of the Potentiam is based on meritocracy and a proof of stake ideology. The more you engage on Potentiam, the more you are rated and can be selected by our specially developed algorithm to perform governance tasks on the platform to receive rewards. We have carefully constructed the governance of Potentiam to make sure that everyone, from artists to users, has a voice on the network. Every decision on the network is carried out by the members of the Potentiam community.

Potentiam has chosen to adopt a system shifting away from direct brute-force competition towards a more cooperative, alliance-building, stable kinds of relationships. This translates to ending cut-throat competition which will, in turn, build more collaboration among the different parts of the system. Providing trusted transactions directly between two or more creatives, authenticated by mass collaboration, and powered by collective interest over corporate greed, to win-win solutions.

With Potentiam, everyone is an active and a vital component of Potentiam. Even when it comes to advertising, brands can negotiate with feed holders directly. The more the network is used, the more PTM will increase in value. Fancy owning a part of the Potentiam network? You can set up your future in music to excel and exceed your wildest expectations. Potentiam will create an equal playing field for music creatives and highlight talents of individuals from around the world.

This is the next evolution of the music industry and the next level of your music career. Learn more by going online to www.potentiam.io today!

The investment period (ICO) started Dec. 4th, 2017

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