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Dipsomaniac
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November 25, 2017, 05:42:41 PM |
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What kind of smart contracts will you be using?
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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earthcoin
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November 25, 2017, 05:55:21 PM |
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Have you guys considered any advantages to using machine learning on your platform?
Curious about this still. |
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deeltje
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November 25, 2017, 06:15:28 PM |
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How would regular users be rewarded for participation? Do they make tiny amounts of tokens just for listening? Some for commenting and rating?
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okspam
Member
 Offline
Activity: 392
Merit: 10
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November 25, 2017, 06:31:09 PM |
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What kind of smart contracts will you be using?
That's a good question. |
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Dofus
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November 25, 2017, 06:43:43 PM |
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Do you have any partnerships at the moment, or even in the works?
We are working on some very interesting ones at the moment, once confirmed we will make an announcement. The suspense! Lol. You will announce it here right? |
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zee123 (OP)
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November 26, 2017, 09:13:50 AM |
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Lets help this project get to the best possible start.. crowdfund this concept. The face book of music as it states on there website potentiam.io i believe in them do you? You would if you love music. Everyone does!! Fact
Hi, thanks for your support, not sure if everyone loves music but we believe a large percentage of the world population do. |
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zee123 (OP)
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November 26, 2017, 06:43:11 PM |
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Will any part of the project be open source?
I believe we are going to have some things on open source, but its quite difficult to give a definitive answer as we are building a private chain. I will speak to our CTO and find out more on this subject. Please bear with us. Appreciate your answer. Maybe you guys could leave the less sensitive stuff as open source? We will certainly try to keep things on open source as long as it doesn't compromise the security of the network. Makes total sense. What will you guys do with unsold tokens? We are considering two options at the moment but we are undecided as it stands. One is to lock the unsold tokens and the other is to simply burn it. Whatever decision we end up making has to be one that serves the bigger purpose of the network that is the users. I will revisit this question and give a more definitive answer soon. What are the advantages of burning them vs locking them? I believe burning increases consumer confidence opposed to locking it, as consumers might fear project owners dumping the token if there is a rise in price. But at the same time locking also has positive attributes if done openly and honestly. The tokens can be gradually introduced into the network to raise market capital if needed. Oh yeah I see. If burned, it makes all the coins that were sold worth more right? If there's a large pool of tokens locked, that would make each token worth less overall. That is correct, but we are very careful speaking about this matter has it might be constituted as investment advice. |
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zee123 (OP)
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November 26, 2017, 07:19:51 PM |
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What i need to do to achieve more rewards for my music?
For you to achieve maximum rewards for your music, your music must be great and appeal to a large proportion of people. Using the various tools on the network can help increase visibility on the network. Its all about providing great content. |
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Dipsomaniac
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November 26, 2017, 07:46:26 PM |
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What kind of smart contracts will you be using?
Curious about this. |
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earthcoin
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November 26, 2017, 08:08:18 PM |
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I'm assuming there will be video support on the platform too?
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zee123 (OP)
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November 26, 2017, 08:11:56 PM |
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Have you guys considered any advantages to using machine learning on your platform?
Curious about this still. As we are continuously trying to find ways to improve Potentiam, we do investigate various new technology emerging or sometimes existing technology that can add to the value proposition of Potentiam. Machine learning is one of them, we will investigate further and decide when and how to implement it if necessary. |
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okspam
Member
Offline
Activity: 392
Merit: 10
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November 26, 2017, 08:34:23 PM |
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The token is ERC-20 based right?
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Dofus
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November 26, 2017, 08:43:55 PM |
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I've seen Soundcloud getting super popular lately. What do you think caused their popularity? Is it something you can capitalize on with this platform?
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zee123 (OP)
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November 26, 2017, 08:51:30 PM |
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How would regular users be rewarded for participation? Do they make tiny amounts of tokens just for listening? Some for commenting and rating?
This is a really good question. As one of the governing factors in the Potentiam economy is meritocracy we have placed a lot of emphasis on creating a network that will be highly beneficial to regular users. This can happen in various ways and on different aspects of the network. Every action on the network that adds value to the network is rewarded sharing, liking, inviting new members are just some of the ways by which a user can earn on the network. Yes, there is also a rating system on the network that governs the number of tokens that can be earned. There are also other more direct ways of regular users earning tokens on the network such as promoting or acting the part of an influencer during music project crowdfunding. They are rewarded directly from creatives for performing actions like sharing their project and gaining both internal and external users to take part. These are just some ways. |
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deeltje
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November 26, 2017, 09:06:05 PM |
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How would regular users be rewarded for participation? Do they make tiny amounts of tokens just for listening? Some for commenting and rating?
This is a really good question. As one of the governing factors in the Potentiam economy is meritocracy we have placed a lot of emphasis on creating a network that will be highly beneficial to regular users. This can happen in various ways and on different aspects of the network. Every action on the network that adds value to the network is rewarded sharing, liking, inviting new members are just some of the ways by which a user can earn on the network. Yes, there is also a rating system on the network that governs the number of tokens that can be earned. There are also other more direct ways of regular users earning tokens on the network such as promoting or acting the part of an influencer during music project crowdfunding. They are rewarded directly from creatives for performing actions like sharing their project and gaining both internal and external users to take part. These are just some ways. Excellent, so it will be a little ecosystem. Ways to earn, ways to spend. Very interesting. |
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zee123 (OP)
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November 27, 2017, 01:48:01 AM |
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I'm assuming there will be video support on the platform too?
Hi, that is a must, we can't be a music network and not support videos. Though all the videos have to be music related. |
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zee123 (OP)
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November 27, 2017, 05:09:40 PM |
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Do you have any partnerships at the moment, or even in the works?
We are working on some very interesting ones at the moment, once confirmed we will make an announcement. The suspense! Lol. You will announce it here right? That's a must, we prefer to be at least 95% certain before we make such announcements. It's better not to say anything than to go back on your word. |
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Dipsomaniac
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November 27, 2017, 08:02:07 PM |
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Will you be implementing any smart contracts?
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earthcoin
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November 27, 2017, 08:18:09 PM |
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I'm assuming there will be video support on the platform too?
Hi, that is a must, we can't be a music network and not support videos. Though all the videos have to be music related. Yep makes sense. I just wanted to make sure because I know getting your own HD video platform can have it's hassles. Thanks. |
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deeltje
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November 27, 2017, 08:28:16 PM |
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How is the mobile app coming along?
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