Review - FLUXORIN (Decentralized Music Streaming Platform On The Blockchain Network)

achizaini (6)in #blockchain • 6 years ago

INTRODUCTIONThe music industry as we know it today was formed in the first half of 20th centurywith the advent of the music recording technology. At the time it was a very arduousand expensive process. And the product was a recorded copy of the music performance.Most of the risks at that time were shouldered by the record labels and publishers whichis reflected in the current laws. The current system is riddled with legacy approach, andover the years has become a tangled mess, with authors and performers complainingabout the "lack of transparency". The revenues streams generated by companies likePandora, Spotify, Deezer, Apple, YouTube grow year by year up 39% in 2015 from theprevious year.

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.

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 distribution
Low operational cost
Proper allocation of royalties
Use of P2P file sharing and delivery networks
Employing the sharism model

Why FLUXORIN ICO is worth investing in?

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).

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

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

MISSION AND VISION

Today, with FLUXORIN, we can definitely change this. Musicians will make money and 100% income will go to their own wallet. In an age of turbulence, we can also expect paradigm shifting. The changes rely on everyone to participate. We’d call all musicians and their appreciators to join this great transition to make music more meaningful to our life

INITIAL COIN OFFERING

FLUXORIN is raising funds for its technical development, community engagement andparticipant outreach through the sale of The Flux Token. The Flux Token is the key element ofthe FLUXORIN network with which the labels, the artists, band member and every other entityinvolved in creative process will be rewarded which may be exchanged with other altcoin or forfiat at the exchanges. The listeners will be able to purchase music with VBT as well as buyticket to musical concerts or shows or tours on the VERBERDIN network getting it from theexchanges 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

Raised Funds Distribution

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.

RATING:

– Tokens Alerts: 4.89/5

–ICO Benchmark: 4.8/5

– ICO Holder: 4.2/5

FAQ

Why do i need The Flux Token ?

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

How can buy TFTs ?

We accept Bitcoin (BTC) & Ethereum (ETH)

Where can i buy Bitcoin or Ethereum ?

There are a large of exchanges all around the world such as Coinbase, Kraken, Bitoasis, Epay, etc.
Please create a private wallet on an ERC-20 compatible wallet such as www.myetherwallet.com from which you can contribute.

What are the minimnand maximum buying limits ?

The Minimum buying limit is $1000 BTC/ETH on the Pre Sale ICO Phase I, $500 BTC/ETH on the Pre Sale ICO Phase II and $100 BTC/ETH on the Crowd Sale. There is no maximum limit so you can buy as much as you wish.

What wallet do i need to store Flux tokens?

Flux tokens conform to the ERC-20 standard, which guarantees coin integration into any wallet that supports this standard.

What happens to unsold tokens ?

All tokens that are not sold during the ICO will be destroyed

When will the tokens be credited ?

Flux tokens will be distributed immediately after the ICO.

Why is it beneficial to buy tokens now ?

Participating in the ICO, gives you the ability to buy tokens at the lowest price they will ever be.
In addition, if you buy tokens early, you will receive bonus that can be as high as 30%.

More information:

Website: https://www.fluxorin.io/

Whitepaper: https://www.fluxorin.io/wp-content/uploads/2018/05/FLUXORIN.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4361686.0

Bounty: https://bitcointalk.org/index.php?topic=4406343.0

Telegram: https://t.me/FluxorinICO

Facebook: https://web.facebook.com/fluxorin.io/

Twitter: https://twitter.com/fluxorin_io

Reddit: https://www.reddit.com/user/FLUXORIN

Youtube chanel: https://www.youtube.com/watch?v=0wbc0o-xSlw

AUTHOR

Bitcointalk name : ayumichia