Fluxorin Decentralized Music Streaming Platform

introduces Fluxorin

a decentralized system for the publication and consumption of music, which combines a cutting-edge crypto currency and provides with a very important mission to unlock the potential of human creativity by giving millions of artistes the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it. FLUXORIN allows musicians to license their content as a “programmed contract” directly to a decentralized database called “blockchain”. These contracts automate the collection and distribution of royalty payments and remain in the control of the artists themselves. Listeners can access a global catalogue of music stored on a network and pay artists directly using OUR digital currency, based on their usages.

FLUXORIN is an attempt to harness the blockchain technology to solve the problem of artist royalties and payments by providing transparency to the complicated chain of rights ownership and usage in the digital distribution of music, as well as offering a new model of the music creation process via the Decentralized Autonomous Labels.

Inside Fluxorin

There are a lot of projects aimed at changing the situation, mostly aimed at addressing one or the few of the issues described above. One of such attempts was Global Repertoire Database (GRD), it was launched in 2011, and failed in 2014. Other projects are trying to offer their solution by attempting to leverage the distributed ledger technology ("blockchain"), to build a central, transparent rights database.

Our solution is to tackle all those problems, by utilizing several technologies to tackle all of the problems described in the previous section. First of all, by utilizing the blockchain technology and smart contracts, we are able to bring transparency to the industry, by tracking the life of the music piece, starting from the first publication. This process is facilitated by the use of Distributed Autonomous Labels (DAL), which are a number of smart contracts that automate all the functions that are expected of a label, distributor or another entity you would expect to see in the music industry, but with the overhead almost entirely reduced. 

With the low operational costs, and the help of the smart contracts all of the people and organizations that participated in the creation of the music piece, would be able to set the percentages of the ownership, and thus the part of the revenue stream generated by the track. Naturally that extra money would make it into the pockets of the artists, instead of being inefficiently wasted on who knows what. And some could be even shared with the loyal fans, which help with marketing and distribution by sharing their favourite music with their friends!

The usage of peer to peer storage and delivery technologies, would allow the music in question be published and distributed in much higher quality by sharing playlist with friends on the network while keeping the costs down. They are the protocols of the future Internet.

Fluxorin as a decentralized platform has a lot to offer in revolutionizing the music industry as a whole

These include: - Transparency - Use of DLA which helps in the distribution - Low operational cost - Proper allocation of royalties - Use of P2P file sharing and delivery networks - Employing the sharism model

Illustration of the payment flow, which users send payment along with a request to play a particular work and in return are granted access. Specifically, granting access means providing a key that can decrypt an encrypted audio file that is stored on a distributed file system.

We recognize that proposing such a system is quite simple, and that actually building, testing, and refining it is another matter. We also recognize that it is not uncommon for new blockchain projects to over-promise, collect ICO funding and allocate large sums to the creators, only to fail to produce any tangible results.

OPEN OPPORTUNITIES 

FLUXORIN is not only designed for a new paradigm shift, but also offering a great opportunity for larger stakeholder groups. Big labels may have to adapt, but they can benefit from this platform because the whole market scale can be enlarged, they can work once and harvest forever and worldwide. They can put their copyrighted content onto FLUXORIN blockchain and keep enjoying the up scaled consumption.

With FLUXORIN, today’s streaming music services don’t need to process hectic paper works to prepare reports and pay musicians, instead, all the information are open to access by anyone in the world, instantly. FLUXORIN is designed for both musician and listeners, but will eventually benefit the whole industry even traditional players. Marketers, promoter, DJs, and social curators can also benefit from this system, which can spawn new values for listeners, thus generating returns to them.

Start-ups can build more innovative technologies and services upon FLUXORIN system to meet diversified demands from the network; Hardware makers can create tangible and wearable smart gadgets to extend the glory of musical devices in our cultural legacy. Big open data on FLUXORIN blockchain can also lead to more intelligent music recommendation. Based on this system, Artificial Intelligence can help play more and more important role to help users to discover music based on their taste, which is learned by the machine. It can be very personalized because every playback history will become the foundation of more accurate recommendation in the next.

What is the Flux token?

The Flux Token is an attempt to harness the blockchain technology to solve the problem of artist royalties and payments by providing transparency to the complicated chain of rights ownership and usage in the digital distribution of music, as well as offering a new model of the music creation process via the Decentralized Autonomous Labels.

Flux tokens are used as an internal currency on the Fluxorin: decentralized music streaming platform.

Details TGE (Token Event Generation)

§  Token Name: The Flux Token

§  Token Sym: Flux

§  The VBT will be issued on the ethereum platform in accordance with the ERC20 model.

§  Total Supply: 702,000,000

§  Platform: ERC-20

§  Compatible wallets: All wallet supporting ether, they include: jaxx, myetherwallet.com and ERC-20 compliant

§  Token Type: Utility Token

§  Total Available for Sale: 372,000,000

§  KYC – required

§  Soft Cap $7.000.000

§  Hard cap - $55.000.000

§  Secured ways to purcase tokens : Bitcoin(BTC), Ethereum(ETH)

§  Cost of 1 Flux : $0,2

§  Technical limitation of tokens : 372.000.000

§  The Minimum buying limit is $500 BTC/ETH on pre sale ICO and 50$ BTC/ETH on main ICO. There is no maximum limit so you can buy as much as you wish.

§  30% Limited bonus

*All unsold tokens will be burned

*25% of the coins earn from company services will be destroyed.

* Tokens will be distributed 48hrs after the Main sale

*Contributions can be made from an Exchange Wallet

*Endeavour to put your ERC-20 wallet address where required

Team Fluxorin

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Created by : mayshella99 
My Profil : https://bitcointalk.org/index.php?action=profile;u=1990241
ETH : 0x2BCEE6fda3e0Fe0A60E4785Ea5452660DeEb91F7