RECORD ICO

What is RECORD PROJECT ? 

RECORD Project is the first project in the world that not only empowers the artists but also the listeners by implementing blockchain technology into our fully functional music platform,RecordFarm . This project is run and designed by the RECORD Foundation.


RECORD Project is the first project in the world that not only empowers artists but also listeners by implementing blockchain technology into a fully functional music platform, RecordFarm.This project is run and designed by the RECORD Foundation.Record foundation is the first prize-based music service platform. It is a solution for the traditional music industry, creating a healthy environment where creative work is valued, curated listeners are appreciated and transparency is assured.The RECORD Foundation could be one of the first companies to successfully remove a 16th century system in which an artist surrenders most of his rights to publishers and becomes their own publisher. Artists will be able to track where their music is played and calculate the number of uses and get paid.

RECORDFARM

Recordfarm is an open music platform served by the Record Foundation, RecordFarm is a revolutionary reward-based music service platform that transforms traditional music services.RecordFarm is the basis of a decentralized music platform ethereum blockchain that rewards creators with RCD tokens relative to the number of 'likes' or 'picks' of content that has been received. RecordFarm plans to build the world's first reward-based music platform service for artists who not only struggle to send and share music, but also to receive fair compensation for their work.

RecordFarm uses blockchain technology to protect the rights of content from valuable artists. Also, direct transparent transactions are made between the artist and the listener in the absence of intermediaries, preventing harm to the artists. This solves the core problem in the music industry today. RecordFarm is already growing and operating successfully in the marketplace, RecordFarm's ambition is to attract 50,000 more artists, 2 million monthly active users, and manage the copyright and royalties of around 1,000 new songs per day by 2020.

Application RecordFarm2.0

  • SOCIAL MUSIC
  • Listen, Upload, Share, and communicate with artists and fans
  • GET
  • Make a profit with an RCD token with exceptional revenue sharing
  • BUY
  • Use the RCD token to buy music, tickets, and goods
  • PERSONAL
  • Any sensitive information that is safely protected on our distributed platform
  • A MAN
  • All content will be encrypted on the RECORD menu and on the IPFS RECORD system
  • OPEN
  • All users are easy to use for our platform and RCD tokens are not blocked






Benefits of using recordfarm

Artists can post and share their music, and Listeners can contribute to the artist's earnings by interacting with music, each interaction gives additional prize money to artists in the form of an RCD token, giving artists a direct payment which in turn incentives them. produce higher quality music.

Listeners can interact with in the form of voting, commenting and sharing. Based on contributions, listeners will be rewarded with an RCD token that can be used to buy music and more. 
RecordFarm will expand the RCD token-based service to build the RECORD token economy. this will greatly increase the value of our RCD tokens and will increase the value of the investment.

RECORD (RCD) TOKEN

RECORD token is the cryptocurrency of the RecordFarm platform.Artists and listeners will be awarded basic contributions to the platform. This award system uses a token (RCD) record to encourage artist listeners. The artists will be rewarded by creating music (More popular music, more RCD tokens will be accepted) and listeners will be rewarded by interacting with music. Also the RCD token - as a global payment system for music transactions or other related content worldwide, is planned to be used for services not only limited to RecordFarm, but also to concerts, tickets and items related to the API.

TOKEN TRAVEL INFORMATION AND TOKEN TOKEN
  • Token name: RECORD
  • Symbol: RCD
  • Type: ERC20
  • Token Price: 1 RCD = 0.1 USD
  • Fundraising Purpose: 15,000,000 USD
  • Contribution method: ETH
  • Total number of tokens generated: 300,000,000 RCD tokens
  • Total number of tokens sold: 150,000,000 RCD tokens (50%)
  • Minimum contribution: 5,000 RCD tokens

Maximum contribution: 10,000,000 RCD tokens for presale and 50,000,000 RCD tokens for crowdsale. 


Presale

  • Start: April 15, 2018
  • End: April 22, 2018
  • Discount: 20%
  • Hardcap: 15,000,000 RCD tokens
  • The ETH / USD exchange rate will be locked on April 14.
  • Mainsale
  • Starts: April 30, 2018
  • End: June 30, 2018

Round 1: Until 45,000,000 RCD tokens are all sold (10% discount)
Round 2: Until 45,000,000 RCD tokens are all sold (5% discount) 
Round 3: Until the third token (last) 45,000,000 RCD is sold (Without discount) 

* The ETH / USD exchange rate will be locked on April 29th. 

* Undelivered token will burn if it does not meet Hardcap. 

* During or after the completion of ICO, RECORD Foundation will send a request to each buyer to provide information to verify their identity. Buyers will be required to provide a copy of their identity (passport, driver's license or national identity card), and residence information. 
USE OF FUNDS
  • 60% R & D and EMPLOYEES
  • 20% ADMINISTRATION & OPERATIONAL
  • 17% MARKETING & CAMPAIGN EDUCATION
  • 3% LAW

For more info visit the link link below:

Author : https://bitcointalk.org/index.php?action=profile;u=1397196

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