MediaCoin: Software developer specializing in encrypted content delivery. Using AES encryption on both client and server, combined with the use of a wallet's private key, MediaCoin has developed a platform that will allow artists to distribute their content digitally without the possibility of piracy.The ProblemDigital content theft has become a plague on the music industry. Not too long ago, fans supported musicians financially by purchasing their cassette tapes (I don't personally remember this one), records, and CD's. Many great artists of our time have stopped making music because the music industry has failed them. Failed to provide an adequate compensation structure for the time and talent artists put into making their content, and failed to simply keep that content from being stolen.
Users of digital content who would like to support their favorite artists are faced only with a moral dilemma. They can choose to either pay for music that is intentionally over-priced to compensate for piracy, or they can just download the music for free with literally zero consequence. Unfortunately for artists, more and more users every day are choosing the economical route for obtaining their music. This forces artists to find other ways to monetize their popularity, and conditions users to expect music to remain free in the future.
Obviously this is all a giant issue in the industry. Studies have shown that in the United States alone, $2.7 BILLION in revenue is lost annually due to piracy, and leads to the loss of 71,060 jobs to the U.S. economy. This all shows that while the current system may be convenient for users, it is not sustainable.
The SolutionDigital Content started this problem, and can be the solution. If the digital content were unable to be stolen, order would be restored to the industry, and it can continue forward like the well oiled machine it once was. With MediaCoin's never used before encryption technique, we have made this possible.
On the MediaCoin Platform the Quantum MediaCoin Tokens (QMCT and QMCTe) will be the currency used to purchase audio and video files on a pay-per-play basis. Artists will choose the rate to view the content per session, or per play, and 100% of the revenue generated from the sales of the content will go directly to the artist's network. We believe that artists should be able to choose how much or how little should be required to view their content.
We are currently allowing early adopters of the platform to join in (both artists and users) by allowing artists to submit their content prior to launch for the chance to be a featured artist, and by allowing users to participate in a token sale, allowing them to purchase tokens at a specified rate prior to our token being listed on an exchange. More information about the token sale is available here:
http://tokensale.mediacoin.stream/MediaCoin will be correcting the music industry, and putting an end to piracy. On the plus side for consumers of content, your artist will set their own price, you will be supporting them directly, great artists will be able to survive financially off of the music they create and will be able to continue making music, and music will be much less expensive than it has been off of legitimate platforms such as iTunes as the pricing needed to account for the stolen music.
Many of us know that cryptocurrency and blockchain technology are changing the world we live in. There are thousands of industries that are just beginning to discover the benefits of this technology, and integration is happening sooner rather than later. Digital content issues and a global audience makes the Music Industry a prime candidate for blockchain integration and MediaCoin wants to make sure that artists and users are the ones who benefit.
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I know it was long, but thanks for sticking with me. I am passionate about what we are doing here, and want to make sure that I properly articulate how beneficial this platform will be for everyone who I feel should be making money off of the music artists are creating.
If you are an artist and would like to sell content on the MediaCoin Platform, join our content creator group below.
If you are wanting to be an early adopter, we have a token sale you can participate in pre-launch.
If you are just excited about MediaCoin tell people about it, and direct them to our content.
If you are none of the above, go ahead and move right along.
Below are all our links. If you like the sound of what we are doing, go to them and like, share, subscribe. Dont forget to tell us what you think!
Facebook
https://www.facebook.com/QMediaCoin/Facebook Group for Artists
https://www.facebook.com/groups/MediaCoinCreators/Twitter
https://twitter.com/QMediaCoinYoutube
https://www.youtube.com/channel/UCMCBlj-E4xKriQJNflEgDBwLinkedin
https://www.linkedin.com/company/18442731/Reddit
https://www.reddit.com/r/MediaCoinJoin our Discord Server
https://discord.gg/KgzPYeJ
