Now the demand for music and entertainment is very popular. The music industry is one of many industries with a turnover estimated at billions of dollars. Professional music creates a huge number of jobs. As of 2017, the total revenue of the music industry is $17.4 billion.
Problems of the music industry
There are a huge number of ways to make money on the music industry in our time, to earnings include: music concerts, music sales, performances, producing and much more. But unfortunately, there are practically no tools to ensure universal and equal employment.
The problem is the centralization of the whole musical space, it really prevents people from earning what they really deserve. That's why we need a decentralized platform that can bring justice back to the industry.
Through decentralization, people will be able to demonstrate their talents and creations without hindrance, while earning regardless of decentralization. A fully decentralized ecosystem can open the way to the world of music for many people.
Solutions to problems
- Complete decentralization of the music industry.
At the moment, it is safe to say that only decentralization will help to reinvent the music industry. The BitSong project makes a start to make this possible, so you will soon be able to test the advantages of decentralization.
BitSong is a platform where anyone can sell their art, whether it's a track or a song's lyrics. It will also be possible to create a fan profile in which you will be able to post your work to the public. - Help novice artists.
We all understand that creating music is not cheap, so with the help of BTSG tokens a musician can collect donations to complete his work with the necessary equipment. - Making a profit is not the goal of Bitsong, the main goal of the project is to demonstrate the talent of each independent performer on a decentralized platform. In the music industry, where centralization reigns, it is very difficult to identify the best artists and demonstrate their talent.
- Students will be able to earn BTSG.
The fact is that the BitSong project appreciates its audience and will be able to reward them for listening to music, because the project uses data to find the best performers, i.e. uses information from you. BTSG tokens are charged to each user who listened to the track.
Whitepaper: https://bitsong.io/docs/whitepaper_en.pdf
Facebook: https://www.facebook.com/BitSongOfficial/
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