The
advent of cryptocurrencies through the Blockchain technology and the unraveling
of financial problems and its likes, and the revolutionalization of the
bureaucratic and parochial system of traditional system business. The
decentralized nature of Blockchain Technology eliminates the hitches faced in
the traditional system because of its transparencyand accountability. As the
wave continues, the music/entertainment industry which have seek for a platform
that can solve their royalties and payments woes, can now smile because the
long awaited platform is here. “Fluxorin”.
www.fluxorin.io
What is the FLUXORIN?
Fluxorin
is 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 is a Blockchain technology driven platform that aimed at solving
the problems of artist royalties and payments by providing transparency to the 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. In Fluxorin Platform, Start-ups can build more innovative
technologies and services upon 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.
Challenges of the music industry
Royalty
Plagiarism
Piracy:
Bluetooth
Xender
Flashshare
Sharing websites etc.
Benefits of Fluxorin platform
Transparency
Use
of DLA which helps in the Distribution
Low
operational cost
Proper
Allocation of Royalties
Use
of P2P files Sharing and delivering network
Employing
the Sharism Model
Fluxorin Token Production and
Distribution
FLUXORIN
will generate fund in the Blockchain community through the sale of Flux Token. 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
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.
Fluxorin Blueprint
To know more
about Fluxorin, Visit the Following addresses:
Website: https://www.fluxorin.io/
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