INTRODUCTION TO PETMANCOINPetmancoin is an entertainment utility protocol supporting the creation, distribution and consumption of music via blockchain.
We propsoe to give our users access to unlimited music streaming from independent artistes on our portal and other world leading entertainment platforms via the use of PTMC tokens without ads .
For consumers worldwide, entertainment is a necessity. It’s a crucial diversion that provides pleasure and happiness, an important element to health and well-being. Not surprisingly, the Entertainment and Media industry generates over two trillion dollars in annual revenue worldwide. At $712 billion, the US is the largest entertainment market followed by China at $190 billion and Japan at $157 billion. Although the industry is comprised of numerous bisectors, the term ‘entertainment’ is often narrowly associated with the film industry. Movie stars provide endless fascination for a curious public, while movies provide a reliable escape from the realities of life. Musical entertainment and provisioning is also at the epicenter of the entertainment industry for its general acceptance and adoption across the whole globe. Music provides serenity and balance.
While music studios and streamers jockey for control, the obvious beneficiaries are content consumers who now enjoy unprecedented selection. But is transitioning power from oligopolistic studios to like-minded subscription streaming platforms a good thing? Or, is there a better solution for the industry? One that will raise the musical entertainment bar for content hungry consumers while simultaneously ensuring an equitable dynamic between content creators and providers. The answer is YES.
A true purpose for blockchain and finally, a practical use for cryptocurrencyThe current music entertainment ecosystem is functioning but undeniably flawed. The pertinent notion of ‘change before you have to’ underscores the immediate need for rehabilitation. Warren Buffett stated that, “In a chronically leaking boat, energy devoted to changing vessels is more productive than energy devoted to patching leaks.” Put into context, trying to improve the current state of the centralized provisioning and streaming of music is not as productive as changing the underpinnings of its technology. Also required is a complete overhaul to the cigar-chomping corporate philosophy orchestrated by the studios and willfully adopted by the streamers. By retooling the greed-driven business model, the ultimate beneficiary is still the consumer – the one who actually feeds the entertainment economy – but riding shotgun will be the entire entertainment industry. Fortunately, there exists a unique opportunity for technological advancement and socio-economic change. The lustre of yesteryear’s entertainment industry can be restored using the brilliance of today’s technology.
Our Whitepaper Objective
The objective of our Currently Whitepaper which can be found at
https://www.petmancoin.com/whitepaper, is to demonstrate how corporate conscience, coupled with the development of a decentralized musical content distribution network utilizing powerful blockchain technology and digital tokenization, can radically improve the way we create, consume, and access entertainment. It will describe the impact these improvements can have on the entertainment experience for content consumers and creators, and highlight why the power of disruption can serve as a cure for complacency.
For comparative purposes, references to the entertainment industry throughout our Whitepaper was substantially focused on the music streaming media sectors, however the underlying message in all entertainment sectors is uniformly clear. if ever there was an industry in need of blockchain technology, entertainment provides a better platform.
Behind the VisionPetman Entertainment Group is a parent company on its own. One that will impact numerous sectors such as musical, streaming media, electronic ticketing, concerts, events and more.
Petman Entertainment Group Inc. (PTMC) is a highly-skilled amalgamation of entertainment, business, and technical expertise. Armed with strategic vision and the tools necessary to execute our laid down list of milestones. PTMC intends to develop a multi-layer entertainment ecosystem powered by blockchain technology and driven by a cryptocurrency designed for mainstream adoption.
PTMC’s mission is to disrupt the entertainment industry using a blend of technology and integrity. PTMC seeks to demonstrate how a for-profit business operating with corporate conscience can achieve greater rewards for every person connected to the Petman Ecosystem. PTMC expects that the result will be an enriched experience for consumers and creators. To accomplish this, PTMC plans to introduce a blockchain music on demand platform and also an electronic ticketing application; and PETMAN, a digital utility token. To facilitate the functionality of the token and platform, PTMC’s will design and build PetmanChain - a blockchain music delivery and storage protocol that can be shared by small and medium enterprise for years to come.
Our system is decentralized, costs less, presents high speed and and makes live event ticketing possible via a blockchain (offering unique rewards, incentives, and providing mobile devices unparalleled access to all things entertainment).
Among the proposed benefits are near-zero fees, meaningful discounts, legitimate reviews, and verified ‘counterfeit-proof’ tickets for purchases to activities such as music, concerts, plays, sports events and anywhere tickets are required for entry.). Consumers will be able to spend PTMC tokens on some of the best entertainment platform the in the industry. The use PTMC will further ensure fair and transparent compensation for artistes, producers and marketers, at the same time providing access to premium entertainment. Built on blockchain technology, its distributed, immutable ledger enables secure, trustless payments and structured incentives. It will be used as payment for subscriptions to our service, transactional purchases, and tickets to all events offered through Petman Entertainment. PTMC aims is the first decentralized streaming platform to utilize the power of distributed ledger technology through the introduction of Blockchain Music on Demand (BMOD).
PTMC will not only make live events tickets purchasing hassle free, but also forgery resistant. Thereby eliminating fraud. PTMC will available on several decentralized exchanges to enable its investors trade them at will.
PTMC streaming media platform, blockchain technology will facilitate the transparent sharing of behavioral analytics designed to understand what consumers like and why. The PTMC model of complete transparency aims to be an entertainment industry-first. The platform’s objective is to ensure equitable sharing of not only the economic waterfall between content provider and creator, but of valuable data that will help creators produce better content.
TECHNICAL DETAILS OF PETMANCOINToken Contract Address: 0x5b73ace97f78025a8065cda1ef154892b31e8026
Symbol: PTMC
Total Supply: 200,000,000
Decimal: 18Summary of Business Objectives and Technical GoalsPTMC intends has developed an innovative content delivery model through the introduction of the Petman token. The objective of the Petman token is to become the trusted currency of the entertainment economy. The objective of the Petman Ecosystem is to create a reputable and equitable entertainment industry. Our services will safely compete with services such as Spotify, Apple Music, Pandora and SoundCloud, but with complete transparency, integrity and at a fraction of the price to consumers.
SHORT-TERM TECHNICAL GOALS1).Create an economically sound cryptocurrency that is optimized to enhance the delivery of premium musical content to consumers.
2). Create an incentivized peer-to-peer content delivery network for the delivery of premium content to consumers.
3).Create a payment gateway that will allow consumers to pay for and access musical content.
4).Premium Content via the utilization of PTMC tokens
5).Create a payment gateway that will allow consumers to purchase tickets to events with PTMC tokens.
6).Implement a block reward structure that ensures incentivization for the creation of independent Masternodes that host and distribute content.
7).Implement load balancing and traffic routing protocols that securely optimize the delivery of streamed content to consumers, as well as minimizing the cost to node operators.
Currently you are welcome to participate with our airdrop by clicking https://t.me/petmancoin_bot and completing simple tasksPetmancoin has also set aside 5,000,000, PTMC token and 30ETH to reward its community members who will promote petmancoin to the public
The rewards has been scheduled as follows.
POSITION REWARDS
1ST. 2,000,000 PMTC + 10 ETH
2ND. 1,000,000 PMTC + 5ETH
3RD. 500,000PMTC + 2.5 ETH
4TH - 10TH. 250,000 PMTC + 0.5Eth
11th-50th. 100,000 PMTC + 0.1 ETH
51th-100th. 10,000 ptmc + 0.05Eth
101st - 1000th. 1,000ptmc + 0.0005eth
Rewards will be distributed after first phase of our currently ongoing ICO sales.You are all welcome to join our social media channels for constant enriched updates.
Telegram: https://t.me/petmancoin
Twitter: https://twitter.com/petmancoin
Facebook: https://twitter.com/petmancoin
Do NOT miss our airdrop, join us now!!!
