BitSong is a project dedicated to musicians and listeners and will generate profit for the artist and the users who listens to their songs while creating a money saving opportunity for advertisers. On the BitSong platform you will be able to produce songs in which an advertiser can attach advertisements and users can access from any device. For each advertisement listened, the artist and the listener will get up to 90% of the profits invested by the advertiser The user will be paid for the “User Attention”, the producer will receive earnings in real time, the advertiser will be able to optimize the campaign after viewing the reports.
BitSong is a new platform, that will be built using the Ethereum blockchain and the IPFS distributed file system.
The focus of the developers is one near to their heart. It is a project dedicated to musicians and attempts to solve a major problem for emerging artists. Through Bitsong, musicians will have the opportunity of producing their own songs and listeners will enjoy and hear new content from any device they own.
Additionally musicians may also receive donations from fans that could contribute to their next album. Advertisements will be upload by the Advertiser and each time an advertisement is listened to, the artist and the listener will receive 90% of the profits from the Advertiser.
BitSong will provide the user with the possibility of using the platform in a number of ways from, free streaming, to requests for donations, payments and the insertion of advertising sponsors.
The project aims to overcome the bureaucratic and economic obstacles within this industry and reward artists and users for simply using the platform. The Bitsong platform is unique both in the details and additional services it offers.
It differentiates itself from other music streaming platforms by assisting to finance music and video artists and gifting tokens to its users, from music/video enthusiasts to those for commercial activities).