Project Fluxorin (TFT) Ep1: FLUX token and token offering

lamnguyenhust (25)in #fluxorin • 6 years ago (edited)

FLUXORIN - Decentralized Music Streaming Platform On The Blockchain Network

FLUXORIN is designed for both musician and listeners, but may eventually benefit the whole industry even traditional players. Marketers, promoter, DJs, and social curators can also benefit from this system, which can spawn new values for listeners, thus generating returns to them.

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. 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.

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

Token Name: The Flux Token
Token Sym: TFT
Total Supply: 702,000,000
Platform: ERC-20
Token Type: Utility Token
Total Available for Sale: 372,000,000

Price:

Pre-sale: 0.2$/TFT
Main sale: 0.35$/TFT
Token sale starts: June 4
Tokensale ends: August 27
Minimum purchase:
1000$ ETH – Presale
150$ ETH – Main sale

Token Distribution:

Cost of 1 Flux: $0.2
Term of token sale: 75 days with the possibility of an automatic early completion in pursuing the final goals of ICO
Expanded goals after start of ICO: Impossible
Technical limitation of tokens: 372,000,000
Adjustable emission: All unsold and unallocated tokens will bе destroyed and additional release оf tokens will not be possible
Secured ways to purchase tokens: Bitcoin (ВТC), Ethereum (ETH)
Hardcap: $55,000,000