Potentiam is a new platform for connecting people in the music world with the use of cryptotechnologies. It is aimed at enhancing interaction between like-minded people to help creative people find financial or social outcomes. In addition, Potentiam also uses an interface that "encourages and stimulates" motivation, providing incentives for novice musicians. Some of the other key aspects of Potentiam include.

A dedicated platform for Potentiam musicians can be seen as a social network for people in the social network of the music industry.

The musical industry today

Low Capital Input: Due to the fact that sales of albums have fallen by almost 70% since the late 1990s, now it's difficult to find sponsors for musical projects.

Poor exposition: another problem for many experienced musicians is the problem of impact. If we do not have any connections in the industry, it's very difficult to get the proper exposure in the music circles today.

Revenue Distribution: Most of the money collected through sales, or collected by record companies, or by other persons who have mercenary interests in the project.

It has now become quite clear that the music industry is no longer what it used to be a few decades ago. It's been the days when people saved money to buy a record or film cassette so that you could then gradually absorb it from start to finish. Today, with the growth of the digital musical empire, every imaginable genre of music can now be downloaded directly to our phones at the touch of a button. Nevertheless, in all of this, as a rule, creative people remain aside. Studies have shown that with the change in the nature of music distribution, artists lose up to 86% of their music revenue.

Incentives: As previously mentioned, it is a "monetary reward of the ecosystem," which gives its patrons the incentive to continue to make high-quality music.

Crowdfunding Option: There is a feature where users can collect money by directing specific details of their project to members of this service. This feature not only helps musicians collect money, but also allows them to find other artists with which they can communicate.

Advertising options: This platform allows users to interact directly with advertisers to work out an agreement that is profitable for both parties.

Potentiam is the creation of the Britznbeatz team, which in 2016 plans to create a "decentralized and stimulated" music network with a good subscription base, and also provides its customers with "continuous interaction with music ads." Due to the fact that the platform is based on a "decentralized public book", the blockchain can not only store data but also remain independent without reliance on third-party sources. Finally, Potential uses cryptographic algorithms that are known to provide users with the highest levels of security and confidentiality.

BRITZNBEATZ MUSIC DISCOVERY PLATFORM

Potentiam was created to vote for new artists, content writers in industrial music and all those who seek to make it possible. Aimed at spreading an untapped talent scene, the platform's core function is to present a fresh face of editorial exposure. Potentiam aims to achieve it with the use of blockchain, by creating a decentralized ecosystem and beneficial to musicians, bloggers, and supporting music (the basis for P2P economics) backed by Smart Contracts that can be implemented automatically within the community. The Potentiam ecosystem allows direct interaction between content creators, influencers and supporters. This eliminates the need for intermediaries.

A little more about Potentiam

Potential has announced that it will launch a "public sale of tokens" to raise funds for the project. Pre-sale starts on December 4, 2017 and should last a month.

The Potentiam toner will be reduced to the use of the PTM symbol. There will be a total stock of nearly 100,000,000 PTM. From this number, 60,000,000 tokens will be made available to the general public for sale. The company made it quite clear that no new coins will be created after the original volume has expired.

In terms of price, we see that 1PTM = $ 0.41. In addition, there is a minimum transaction amount of 0.04 ETH that has been installed. The distribution of tokens will begin 4 weeks after the closing of the foldsal. All unsold tokens will be allocated to reserves, and then will be used in accordance with the officials of the company.

This is a model for disposal of supply and cap on total supply.

We will only issue 100 million CED / Limited Supply, this will be done through an independent third party to ensure trust and transparency. An independent third party will ensure that we can not spend more PTM and or remember PTM has been issued for the people, and ensuring the PTM that has been issued will be honored for their desired goals. Potentiam supports well-controlled supply discharges. However, although Potentiam's total supply of caps will only distribute a portion of the available tokens to raise the amount of fixed capital for project execution. The remainder of PTM is then stored in an "escrow" type of service to be financed operational costs or connected projects in the future.

The Potentiam project will have its RTM tokens. These tokens will be the main means of calculation on the platform. Absolutely all users will use them for their own needs. All payments and all payments for services will be carried out in RTM tokens. A total of 100,000,000 RTM tokens will be created. At the same time, 60 000 000 RTM tokens will be available at the stage of the Kraundsail. The ICO date is not yet known, but soon the PRE-ICO of the Potentiam project will take place, so keep an eye out.

*Team*

The Potentiam project team made very accurate calculations and concluded that the Potentiam project really has every chance of occupying its niche in the market. For example, the marketing costs of music artists this year amounted to 41 billion dollars, and facebook costs for the same amount of 26 billion. This means that the niche of social marketing is a very promising direction for development.

Further information:

Website: https://www.potentiam.io/
WhitePaper: https://docs.wixstatic.com/ugd/73bd45_581334cbc5bc4d1a9cce6ee2133a7049.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2209815.0
Facebook: https://www.facebook.com/potentiam.io
Twitter: https://twitter.com/potentiam_io
Telegram: https://t.me/potentiamgroup

Author (gudanggaremfilter): https://bitcointalk.org/index.php?action=profile;u=1173895