Forking Steem to Create a Decentralized Music Application for Independent Musicians.
***The Images provide a list of the functions that Music Tree plans to utilize.****
MusicTree is decentralized, meaning the Musicians/Token holders hold the voting power and not music distribution chains. MusicTree will allow anyone (independent musicians) to post songs, podcasts, and any other audio-content.
The community will vote on the each audio creator's content. Tokens are not mined, they are pre-mined and distributed based upon how much of an audience the creator aggregates. The MusicTree Token Pool will automatically distribute tokens to Musicians/Audio Creators. Coins will ICO (To be determined) before the MusicTree Platform Launch (To be determined).
Anyone who contributes to the development/adoption of MusicTree will receive MT token. Early contributors have an incentive to develop the platform because the price will go up as people value mt token. There are plenty of Youtubers generating millions of subscribers as independents and this is just on one platform, this will give the musician the option to be independent with the music tree platform. No control over lyrics, path, and management; by the music labels/distributors. Complete decentralization or they can sign to a label and be controlled by their contract.
Our platform gives the artist's a new decentralized platform to build a following and earn MT tokens based on the amount of likes they get on their audio content (data aggregated - eliminates the need for advertisers).
All audio content on the MusicTree platform is free. The incentive for creators is to develope high quality content that the community will decide based off likes and amount of people in their tree. MT token is going to be distributed from a secure pool(s) based on an Algorithm that pulls token based off market value and rewards creators based on the amount of likes and amount of users in their Tree. Value will be added to tokens with utilization of the token.
Creator utilization, Exchange adoption, and easy fiat to MT token. (Chanely etc)
Get onto major exchanges such as Binance , Bittrex, DMM Bitcoin, etc.
No one has ever provided a decentralized solution to a centralized music industry and a centralized distribution network. MusicTree will be the first and our algorithm will be one a kind and open source. Then reviewed by an elected board.The MusicTree Interface will be able to be accessed on the web, app store, google play store, or by download onto your desktop. You can tip your favorite musicians MT token and this will allow you to send a direct message to the artist.
The creator's tree will have all their tracks the user can shuffle or play all their songs numerically.
The user can also create radio stations (playlists with their favorite artists on MusicTree)
This allows the fans to interact with their favorite artists and at the same time provide value to the MT token.
They will have to buy MT token in order to direct message or access the creator's exlusive content.
So value will be easily generated through the platform. Free music for the User and instead of buying music they buy the MT token and now fans and the artist's are closer than ever.(edited) This token will change the way we consume music and interact with our favorite musicians.Live streaming will be allowed on the platform, as well as tour dates, booking contact information (costs MT token eliminates spammers trying to book fake shows)
This project is still in the conceptual phase but if anyone wants to help contribute, you can join my discord chat.
https://discordapp.com/invite/4ATePVJ
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