Ever thought of a decentralized cryptocurrency that directly connects the artist with their fans? Well, thousands of cryptocurrencies serve various solutions on a decentralized level and with complete anonymity, but music is one industry that often confronted with multiple problems, mainly, ownership, rights, and credit of the particular music.
To resolve all such issues, a decentralized platform has emerged exclusively for artists by artists. This brand new and exciting platform is called “Rockstar,” and a crypto token is tagged as “ROCK.”
What is Rockstar?
Rockstar is an open-source ecosystem, built on TRON network to supports the music industry, streaming, and social interaction – wherein anyone can access its database and everything can be tracked.
It is an ultimate and unique platform with the perfect process in place that will not let any artist left behind from their vast fan base. At the center of Rockstar, it resolves all the existing issues entertainment industries are currently experiencing on a cryptographic level. Unlike other platforms that keep the profit of artists to run their applications, Rockstar enables artists to earn their part directly. According to the research, gathered by the official team of Rockstar,
A 9.99 USD download on a platform like iTunes nets the artists 94 cents only — less than a 10 percent cut.
The company that records take 5.35 USD and the remaining 3.70 USD happens to be kept by Apple. Artists get hardly nine cents for each song that gets downloaded iTunes and Napster.
How does it work for artists?
As a result, Rockstar is offering two effective ways for artists/content creators to keep 100 percent of their sales; Rockstar Tunes and Rockstar SMS.
With RockstarTunes, which is a decentralized platform, artists can directly upload, manage, sell, and market their tracks without any trouble. Whereas RockstarSMS will enable artists to store the information of their fans and connect theirs directly via a text message irrespective of regions/individuals.
Rockstar’s Token, ROCK is built on top of TRON network and henceforth TRC20 Tron. The token will be exchanged between musicians, personalities, fans and users at large. The platform is one of the best contributions by a few of the leading names of the music industry.
While Rockstar is an open ecosystem for artists and fans, it eventually offers various tools for an artist to quickly grow their fan base, tools to communicate with fans on a large scale and ultimately an open finance structure for an artist to manage their finances than relying on platforms like iTunes.
Quick details on Token sale.!
Total Tokens Issued – 2 Billion
Token Price – 1 TRX
Accepted payment – TRX
Token Issued date – Not analyzed
Whitepaper – http://rockstartoken.org/RockstarToken_WhitePaper_V.2.pdf
Official website – http://rockstartoken.org/
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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