⚡ 🎵[ANN] [ICO]🎸 BITSONG - DECENTRALIZED MUSIC STREAMING PLATFORM ⚡ 👨‍🎤

[bitsong_official]

"built using the Ethereum blockchain and the IPFS distribuited filesystem"
Hmm. I've heard that before.
Yes, Opus.
They are once a "Music Sharing" platform but I think they are now shifting to streaming too.
Are you guys in any way related to this project? or you see them as a competitor?

Opus had their ICO last year. We are in the same market but we're not doing the same thing.
We met in Warsaw with them and had a good time talking about our projects.

So they are not our competitors.

[bitsong_official]

ICO Analysis: BitSong
Published on August 14, 2018
By Joshua Larson
Proof: https://hacked.com/ico-analysis-bitsong/

Team
This is a rather large and spread out team. Lots of different countries involved and most of the team are former DJs/producers.
Angelo Recca: Co-Founder/CEO from Italy. LinkedIn says he has been CEO of this cloud storage company SpazioRC since 2012. Spazio has only one employee listed on LinkedIn and the twitter only has 340 followers and hasn’t been active since Novemebr 2017.
Rino Ticli: Co-Founder. The only work history listed is “DeeJay” since 2002. He doesn’t seem to be a very popular DJ/producer, either. He’s had Twitter since 2012 yet only has 800 followers that give him zero love or retweets.
Julian Anghelin: EMEA Manager. Despite typing a long and vague description of his skills, the only work history he has listed is as a publications guy for Royal Caribbean Cruises for ten months in 2016.
Giovanni Melfi: CTO and Blockchain Developer. Out of the 12 team members, he is the only developer. And it looks like he has no work history to brag about. He did describe himself on LinkedIn as follows:” Passionate about cryptocurrencies and blockchain, 2 languages speaker. Coming from an experience in software engineering and a passion for software development with some programming languages such as PHP. I participated in some group work on the robotic system, on linux programming and on StartUp Manager, and I think these experiences are the most important for professional growth.”
The website goes on to list 19 international DJs/producers that are supposed to be a part of BitSong. However, after checking all of them, only a couple ever mention BitSong. No mentions of the token sale.
The most popular is a guy named Tadeo, who gained almost 300,000 Twitter followers for being on an MTV reality show. He does not mention the BitSong crowdsale on his twitter.
Nicola Fasano is a DJ with 16,000 followers on Twitter.
Mossel is a DJ with 10,000 followers but doesn’t mention Bitsong ICO

Verdict
We usually don’t do analysis on projects that already had their pre-sale. However, after seeing these ratings, it seemed like our opinion was needed. These high scores are out of line. The only explanation is that the reviews were done a few months ago, before the bad news bears arrived to spoil everyone’s shill fest.
Nobody here expects YouTube, Spotify and record companies to just step aside while smart contract/blockchain projects move in. Said blockchain projects needs to be extra special with an extra special team in order to even stand a chance of competing.
Based on team inexperience and lack of MVP alone, this gets an unfavorable rating.

Risks
    The team is not experienced at all in business or blockchain. -1
    It doesn’t look like they will come close at all to reaching the hard cap. They have a large team and payroll. It’s going to take a long time for both BitSong and Ethereum to work properly. There’s a strong chance they run out of money by then -1
    No MVP, only one blockchain developer listed on their team, plus many other small things that lead us to believe they might not be really trying to build this thing. -1
    GitHub is not active at all. This supports the above theory. -1
    Competition. The author has reviewed 4 different blockchain music ICOsin the last year. He ranks this one 3/4. -1

Growth Potential
    Ambitious roadmap on page 15 of the whitepaper. +1
    One of these blockchain music projects is going to be popular. BitSong has an outsiders chance. +1
    The crowdsale will run for three months, ending in November. Perhaps the market will be bullish by then. +2
    They make a really bold claim on their site about having 177,404 users. When asked who these users are, the reply was, “177,404 users interacted with our bot and registered in our wallet.” This is kinda hard to believe, but if true those type numbers will definitely help them scale. +3

Disposition
It’s just way too good to be true. The silver lining is that we’ve seen several projects succeed in the past with this same strategy. A brilliant whitepaper idea with no MVP, and an untested team. However, in today’s paranoid market, most investors are now needing evidence of work, not just a whitepaper and a dream. +2/10

It’s not just the white paper and the dream by BitSong team!
You have found a regular information and made your own statistics. That’s just your own opinion.
Take a look at the team closely, the people who are working on releasing this idea of the Blockchain share music platform.
I would not name it as a dream, I would say that BitSong is aim to share with people

Oh my God... I guess that my comment is going to be really big because of the previous writers...
Ok. On the one hand I agree with Fulanaw. He has made a great analytical work or he just copied from the Internet, doesn’t matter.
On the other hand I support Nastenasl4stena because he/she said the right thing about the dream and aim.

The guy is just out of mind. I know him and I know what he was using to do before bullshitting ICO's.

But anyway is always a pleasure people talks about us

[bitsong_official]

Lovely project! For real! Proud for the team that they could make out such a good idea)))

The team is working really hard to reach the goal!

[bitsong_official]

It seems to me that my boyfriend will kill me as soon as he finds out that our savings account has less money.
I have just transferred to BTSG $ 13,000     

Thanks buddy, you're just taking part in revolution

[bitsong_official]

BitSong is one of the ways to change our lives be more productive in our chilling times while listening music.

P.S. What is the BitSong for you?
#BitSong4EVER

Nice questions for the society of people who are going to invest money & for people who already invested in this project like me 
It’s an opportunity to earn some money. I am sure that it will be on the market, plus, it will be successful.

Good luck bitsong! 

For me personally bitsong is like... I am the happiest like nobody else!

As for me BitSong is the project of the future. I believe that people would love if this offspring will become alive.
People have been waiting for the extra opportunity to make more money

My opinion is usual from the investors view... The project is interesting to invest in it. I can see the bright future in a few years for the BitSong company. I wish them the best of luck.
P.S. invested $50.000

My attitude to the BitSong project is extremely warm. I've been following the project for a couple of months. I can say one thing, the guys from this company know their business.

My personal attitude is next:
- project is well built
- real professionals in the team
- music artists are signing to BitSong regularly
- soft cap was reached in pre-sale (it means a lot)

You got it! A lot of people is not looking at your background in the field you're operating on, but they just pretend experience in blockchain, that's by itself a young market and technology.

[bitsong_official]

BitSong is one of the ways to change our lives be more productive in our chilling times while listening music.

P.S. What is the BitSong for you?
#BitSong4EVER

Nice questions for the society of people who are going to invest money & for people who already invested in this project like me 
It’s an opportunity to earn some money. I am sure that it will be on the market, plus, it will be successful.

Good luck bitsong! 

For me personally bitsong is like... I am the happiest like nobody else!

As for me BitSong is the project of the future. I believe that people would love if this offspring will become alive.
People have been waiting for the extra opportunity to make more money

My opinion is usual from the investors view... The project is interesting to invest in it. I can see the bright future in a few years for the BitSong company. I wish them the best of luck.
P.S. invested $50.000

Thank you, you're taking part in revolution as well! 

[bitsong_official]

The BitSong is very attractive project from the investors view, I can say that tottaly sure.
As an investor I can see how much work the BitSong team has made. They are working hard on signing NEW artists, new team players... so I wish them good luxk and transfer some thousands of $ to the BTSG 

Thanks a lot for your support buddy!!

[bitsong_official]

[/b]818225#msg44818225 date=1535453905]

Hey BitSong team!
How is it going with the crowdfunding? How much money do you still have to get till the hard cap?

Hi there, the crowdfunding is going well, still not very close to the hardcap but we just started 2 weeks ago.
We are dealing with private investors and investing funds that are very interested in BitSong.
You know in the market 1 day is enough to reach a hard cap

You mean that it’s possible to REACH THE HARD CAP IN 1 DAY? 
Really? It’s not a season for investors as I know right now. Am I misunderstanding?

In this market everything is possible. We saw ICO's last year reaching the hardcap in 4 hours, by selling 50M$.

So yes, in 1 day an ICO can reach the hardcap.

Definitely YES! But not in this period for ICO... it’s the hardest times right now for this business and investors are scared because of the bad experience.
BitSong is not the project for which people should be scared, I can see this clearly. But still... hard times

Even in this "hard times" people invested 200M $ in August 2018 in ICO's. So the market has liquidity even if it was flat in August.

[bitsong_official]

Hey bitsong team!
I’ve a question for you.
What are you planning to do if the ICO sale will not bring you the investments you need for the start?

As you know we already reached the softacp, so it allow us to start developing all the platform.
Of course if you don't reach at least 50% of your hardcap, the development is a little bit slower cause you need to establish new strategies but we are confident and more ready than ever.

[bitsong_official]

BitSong is one of the ways to change our lives be more productive in our chilling times while listening music.

P.S. What is the BitSong for you?
#BitSong4EVER

Nice questions for the society of people who are going to invest money & for people who already invested in this project like me 
It’s an opportunity to earn some money. I am sure that it will be on the market, plus, it will be successful.

Good luck bitsong! 

For me personally bitsong is like... I am the happiest like nobody else!

As for me BitSong is the project of the future. I believe that people would love if this offspring will become alive.
People have been waiting for the extra opportunity to make more money

Exactly, alternative solutions for making profit.

[bitsong_official]

The project impressed me with the idea of sharing money!
Good luck guys!

Is what blockchain is born for! For sharing the assets in a fair way to everybody and not only to a small group of people.

[bitsong_official]

Hello BitSong team and the followers of this project.
I want to say thank you for such a great opportunity for the kids and adults! You are creating history!

Oh really! People would love that BitSong program which will bring them crypto currency)
Listening to music... 🎶 ... advertisement... (getting cas... music
That’s great!!!

You listen to music and get BTSG every single time advertisement shows up.
Did I get it right?

yes, you got it, you will be paid for your "attention" and the time you give away by using our platform.

[bitsong_official]

I believe in the BitCong project, it really can make a profit. When they create a new revolutionary brand associated with the flow of music, there will be many sources of funding that love music. I wish the promotion of the project.

Thank you, it's great having your support!!

[bitsong_official]

I love your project guys!
I’m so in love with it. Writing with the huge smile on the face.
Can’t wait until you drop the app!

A lot of people likes music.  DECENTRALIZED MUSIC STREAMING PLATFORM is a good idea. Hope the platform will be realized.

Our team is working hard every day to all details of development!

Keep in touch, soon you will be able to use our mvp.

[bitsong_official]

BitSong is pleased to welcome its new collaborator Vladimir Nikitin !!

Vladimir will be in charge of the position of Advisor and being a professional legal consultant, he will take care to keep BitSong in the best financial-legal parameters.

Vladimir is also a well-known cryptocurrency expert and ICO advisor, being one of the finest on the highest-level platforms like ICO Bench or ICO Bazaar.

He has collaborated with many successful ICOs such as Vibeo, Lagon, MOBU, WhenHub and many others, which have helped him to gain an excellent reputation in the advisory field.

Through his knowledge and his passion for Blockchain, he provides ICOs in the CIS region.

By choosing to collaborate with Vladimir, it will guarantee us greater stability in the financial sector and greater likelihood of strategic partnerships, since his network in the crypto community counts over 31,000 followers.

A great welcome to Vladimir Nikitin aboard BitSong and we are sure that our collaboration will lead us to great successes !!

[Jamalzzz]

a new music platform built using the ethereum blockchain file system and IPFS. its concept is very interesting, and I am sure that everybody loves music, so I thought it would be a lot of people that support this project.

[allfriends88]

a new music platform built using the ethereum blockchain file system and IPFS. its concept is very interesting, and I am sure that everybody loves music, so I thought it would be a lot of people that support this project.

wow this is an interesting project, a good idea I am sure if the team is always enthusiastic to promote this project there will certainly be many who are interested in joining this project. Hopefully everything can go according to plan and sales can also achieve satisfactory results.

[intianoroby]

this is one of the projects that get a lot of responses from the members, especially since I see that the public sale is still running around 64 days I hope many investors join this project.

[dinowage]

seeing from the concept is good and interesting so it's not surprising that many who responded to this project but I see that from the sale of this project is not so good although there is still a lot of time to be able to add results than token sales, the hope is that the team can convince investors to join on this project.

[bestpikka]

this project is interesting but I still hope the team can be more convincing investors to join in this project because I have not seen that this project gets a lot of results from the sale of tokens.