A decentralized system for music publishing and consumption, combining the latest cryptographic currencies provided with the mission of great importance to unlock the potential of human creativity (artists) to inspire and be enjoyed by billions of Fans.
What’s FLUXORIN
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.
Ease-of-use tools can be designed to allow a seamless experience for both listeners and musicians, and an open protocol will allow third-parties to build a rich ecosystem of value-added software and services. By providing a distributed and highly transparent platform that connects musicians and listeners directly, FLUXORIN lays the groundwork for a new age of music that is sustainable, borderless, and fair to all stakeholders.
Here at FLUXORIN we envision a future where artists cross genres and cultural boundaries, creating ideas that propel the society forward, where fans can discover something they never would have otherwise, where we are all part of a global network, building new connections, sharing new ideas across cultures.
Merits
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
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 c an 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.
Initial Coin Offering
FLUXORIN is raising funds for its technical development, community engagement and participant outreach through the sale of The Flux Token. The Flux Token is the key element of the FLUXORIN network with which the labels, the artists, band member and every other entity involved in creative process will be rewarded which may be exchanged with other altcoin or for fiat at the exchanges. The listeners will be able to purchase music with VBT as well as buy ticket to musical concerts or shows or tours on the VERBERDIN network getting it from the exchanges or local vendor (holders).
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
• 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
Purchase Eligibility & KYC / AML Compliance
All round will follow KYC (know your customer) and AML (anti money laundering) best practice under German Regulations USA and China resident can only participate with the help of an accredited investor. The participants must submit personal information and identity proofs which are verified in the local database. As part of the Know Your Customer procedure (KYC), anyone who would like to purchase VBT tokens will have to provide us with information such as but not limited to:
• First and last name
• Date and location of birth
• Current address
• Citizenship
• A copy of passport or valid ID card.
As part of the company’s policy to maintain HIGH level of INTEGRITY, the company reserves the right NOT to transfer token to people whose origin of funds have not been verified or is DEEMED negative. In this case, the crypto currency will be REFUNDED.
Token Distribution
• 53.7% will be offered for sale.
• 25% will be reserved for the Team members, advisors and contributors.
• 10.7% will be kept in the reserve
• 6.6% available for Private Pre-sale
• 4% will be reserved for bounties and bonus
Distribution Of Raised Funds
• Product Management: 51% will cover team salary, new hiring external consultancy, app development and administrative expenses.
• Marketing: 16% cover marketing expenses.
• Operations: 11% will cover for operational expenses.
• Legal: 15% will cover for legal expenses.
• Security: 7% will be for security expenses
Roadmap
• Q4, 2017: Conception of FLUXORIN project, Technical Feasibility Assessment.
• Q1, 2018: Assembling of Team members, Preparation of Whitepaper & Token Sale Security Audits.
• Q2, 2018: Whitelist Registration, Token Pre-Sale phase I, Token Pre-Sale phase II, Main Token Sale. KYC compilation, FLUXORIN Blockchain Development and integration.
• Q3, 2018: Strengthening partnerships and Legal right in the Music Industry, FLUXORIN Website and Mobile App. (iOS & Android) uploaded for scrutiny by professionals. Official LAUNCHEON unveiling the BRAND AMBASSADORS
• Q4, 2018: Improving and Expanding our database, Launch of Radio services, Launch of THE FLUX TOKEN WALLET and crypto converter.
• Q1, 2019: Stakeholders and Leaders conference.
Team
Paul Schmidts: Co- founder, CEO, Business Developer – https://twitter.com/paulschmidt64_
Josef Silvestre: Co-founder, Project Manager – https://twitter.com/Josefsilvestre
Rebecca Ramirez: Business analyst, Community Manager – https://twitter.com/RebeccaRam90
Stefan Hawes: Content Creation, Community Manager – https://twitter.com/Stefan_Hw18
Isaac Jacobson: Bounty Manager, Business Analyst – https://twitter.com/JacobIsaac008
Alicia Simons: Public relation Specialist and Digital Marketing – https://twitter.com/Aliciasimons9
Maria Andrews: Editor, Business Risk Analyst – https://twitter.com/mariiandy61
Steven Iverson: Senior Website and Application Developer – https://twitter.com/steveniverson6
Langley Chang: Software Engineer and Programmer – https://twitter.com/Langleychang1
Andres Scott: Chief Graphics Designer – https://twitter.com/AndresScott15
Yvonne Ash: Legal Advisor – https://twitter.com/YvonneAsh7
For More Information:
Website :https://www.fluxorin.io/
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=4361686.0
Whitepaper: https://www.fluxorin.io/wp-content/uplo ... UXORIN.pdf
Facebook: https://web.facebook.com/fluxorin.io/
Twitter: https://twitter.com/fluxorin_io
Telegram: https://t.me/FluxorinICO
Bitcointalk profile: https://bitcointalk.org/index.php?actio ... ;u=1048360