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Author Topic: QuidMusic  (Read 909 times)
FreeMoney
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October 20, 2010, 11:36:40 AM
 #1

Something like this, not necessarily only for music, could be adapted to bitcoin.

http://quidmusic.digitalproductions.co.uk/

An artist pledges to release an album once a certain fee is paid. Anyone can contribute towards the release of an album. It appears that the site holds the money and pays on release. The artist chooses the amount.

Using bitcoin would allow anyone to 'audit' and see how much has been paid. Also the address to pay for release could be placed anywhere and fans would not have to have an account at this one site. Not to mention bitcoin is perfect for micropayments anyway considering fees and all.

What is some other content that this model would work well for? I think anything episodic would be great. A carton artist with a reputation for example.

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October 21, 2010, 11:25:21 AM
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Im trying to promote content producers getting paid with bitcoins at bitcoinmedia.com

That would be an awesome business model Freemoney.

I think someone proposed this but for bittorrent where the content would be broken into small files and sold piecemeal. When the requested amount was raised the key to unlock the material would be released.
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October 21, 2010, 12:54:47 PM
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Indeed the possibility to audit the amount already paid is a good idea.  It would be very easy with bitcoins, since all transactions are public.
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