INTRODUCTION
Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions. This technology was first introduced by an anonymous individual under the pseudonym Satoshi Nakamoto in 2008 and has since revolutionized the way we conduct currency transactions worldwide. Blockchain enables trust to be distributed throughout a network, without the need for a central authority to track, verify and approve the digital exchange of value. It operates as a decentralized distributed database, maintaining a continuously growing list of records divided up into blocks. Legacy will take advantage of this technology to be decentralized and place its trust in its users.
There is no doubt that the possibilities offered by the blockchain are endless, only that the projects depend largely on the creativity of people who are interested in proposing new ideas or alternatives to innovate within this sector.
It is from the above that the proposal of Potentiam has been formed, as it is a virtual space that aims to provide all the necessary conditions for the music industry to continue growing and offering endless options for creatives to go afloat in a market that tends to be quite complex for those who do not have the backing of large firms.
In other words, where Potentiam points is the creation of a great ecosystem for all those who are interested in the music sector or its industry, so that it can break with those old characteristics of an archaic system in which there is endless intermediaries that cause artists to end up losing a good part of their potential profits.
According to the estimates and analysis of those responsible for this project, with the intervention of Potentiam it is likely that artists can significantly reduce the almost 86% of the profits that tend to be lost as a result of the intermediacies of the archaic system that currently prevails for the music sector.
Official website: https://www.potentiam.io
As an incentivized ecosystem for musicians, bloggers and music fans like us. A blockchain community for connecting, developing, fostering and promoting relationships between music artists , bloggers and music supporters/ fans using a cryptocurrency reward system.
It gives a solution for all the music artist all over the globe who’s not popular yet to share their talents to those people on the community.
You just have to think from the perspective of the artists, in that nowadays the whole system operates in an archaic way where with the constant intervention of the intermediaries the only thing that is achieved is that the final results are mediocre for the artist , who in fact the first key piece so that all the scaffolding can work.
History, vision and technology of Potentiam
History
Each of the founders and participants of the Potentiam platform has worked at some time in their life (or do so now) in the field of music management a large number of years is from that experience they have understood each of the main difficulties that are related to the promotion of new artists that are emerging.
It was thanks to this consideration that in 2016 the decision was made by the team to found a musical publication called Britznbeatz, with which it was sought to help discover and promote new musicians, so that they could go opening space and win the Respect within a complicated industry in terms of providing the necessary conditions for the recognition of new talent.
Vision
Potentiam is a platform that has been created to give voice to the new artists that are emerging, as well as all those who are composers or who participate in some way in the world of music, all those who in one way or another are interested. in which these types of projects are possible at some time.
The main objective revolves around the possibility of propagating and dispersing all kinds of scenes that link talent that has not yet been discovered that has not found enough opportunities to be recognized.
The platform has been designed with the aim of providing all the necessary conditions so that fresh faces can receive the light of the reflectors and thus have an important media exposure. This is the objective that we seek to achieve through the creation of this decentralized ecosystem for musicians that encourages artists to continue with their projects.
Technology
Potentiam logoAs a space that is based on the principles of the blockchain, we have chosen to develop a decentralized platform where all kinds of public participate to carry out transactions or operations from person to person, but all in the same network.
There are no intermediaries that participate, but the transactions will be executed from person to person, thus eliminating unnecessary payments and always providing certain conditions of trust that will allow all transactions to be carried out without any type of fear.
Some of the advantage of Potentiam are the following:
Low fees
Gives low fees to receive a boost within a social media community and get maximum exposure and engagement.
Crowdfunding
Make your music creative project a reality, by leveraging the power of a social media network. As fans support your project you get token rewards.
Reward System
All members earn monetary rewards for engagement within the community. Get paid while you surf!
Choice of Feed
Our feed algorithm gives you the choice to see what you want. The power is in your hands to make a choice.
Direct InterAction
Explore a meaningful connection with your favorite music creatives more than you have ever done before and get rewarded at the same time.
TOKEN DETAILS
Potentiam is launching a public tokensale to raise funds for the Potentiam project. The tokens will be called PTMs and will be attached to the new standard ERC20 token in the Ethereum main network.
Token / Token – Used to buy goods, services and advertising space in Potentiam
Symbol – PTM
Maximum supply – 100,000,000 MTF
Price – 1 PTM = USD 0.41
Minimum transaction amount – 0.04 ETH
Coin distribution – 4 weeks after Crowdsale closes.
Total tokens for public crowdsale: 60,000,000 PTM
Team tokens: 25,000,000
Other: 15,000,000
Lockup — All team tokens are locked with an emission rate of 5% per month. (Starting 1 month after ICO close). 1,250,000 team PTM will be released each month. Total vesting period for full release will be 20 months.
1 ETH = 4000 PTM
PRESALE Hardcap = $4,000,000
Total Hardcap $12,000,000
ALL UNSOLD TOKENS WILL BE BURNED (This will happen in the case of not meeting our cap or in the case of Eth value increasing to the point where the hardcap cap is met quicker).
For more information please visit the links below;
WEBSITE : https://www.potentiam.io/
WHITE PAPER :https://docs.wixstatic.com/ugd/73bd45_581334cbc5bc4d1a9cce6ee2133a7049.pdf
FACEBOOK :https://facebook.com/potentiam.io
TWITTER :https://twitter.com/potentiam_io
TELEGRAM :https://t.me/potentiamgroup
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
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