Fuego Elder Council Presents...P2P Audio Marketplace & Listener Rewards Platform
DIGM is a P2P music revolution powered via platform (or hosting framework) integration with the
Fuego peer-to-peer network,
whereby
Elder Nodes will serve catalogued music to
Fuego wallets while using their remote XF₲ payment connections. Allowing for any
independent artist to upload & sell their own audio/music
album(s) - and keep 100% of revenue earned.
By default, we plan to offer Para rewards radio (Paradio) using singles submitted by artists from album(s) they are selling on DIGM marketplace. Both artist & listener receive rewards in Para for streaming radio airtime.
Prototype will be reserved to desktop at first, as we have discussed making hashpower (at minimal levels) a simple requirement for track-specific plays/skips or perhaps to use the streaming platform, in general.
Diverting special purpose hashpower from platform listeners opens up a number of otherwise impossible economic opportunities.
Any Fuego blocks mined from this diverted hashpower (by platform users) could serve as ‘proof of listener’ and be used to pay DIGM artists a distribution % according to number of streams/plays during each cycle in either XFG or PARA.
Marketplace payment for albums and/or premium service option will naturally be on-chain (XF₲) payments made using built-in (fire) public addresses for each hosting artist or label* of artists. (aka Elder-node service addresses) First-time users will be able to earn *premium access by collecting enough para in listener rewards until they have amassed the amount needed to sell (
or use a market swap service(s)) to XFG.
(*) DIGM hosting Elder Nodes could even serve as an 'artist pool'
(think mix between record label and mining pool) where a single node can host content for- and distribute streaming rewards to, a roster of different artists. We’ll need only a basic
Insert Coin style payment integration/verification of
simpleledger protocol somewhere in the config for DIGM-hosting Elder Node’s menu functions.(Bounty coming soon)
1 DIGM enables
annually your content to be hosted in perpetuity by Elder Nodes.
OR
Any Elder Node operator holding a minimum of 3 DIGM may host their own content without charge in perpetuity.
Stellar network integration (para)
We will need a backend integration programmed for Stellar to work with DIGM GUI/Fuego wallet; but only in the way of voucher.. in other words to be able to turn listening time (or mining? node uptime) into a PARA voucher equaling to 10 para (picoPARA (10^12) = para) for every second of listening time. Maybe auto-cash out to Para voucher each time user accumulates 100k para or something like every so many hours.
And work out how to best
redeem vouchers from the main PARA distributor account wallet. Also thought of a halvening style for Para rewards...starting at like 100 para per second for early adopters, eventually reducing to 1 para per 1 second.?
(Bounty coming soon)
DIGM tokens will initially be offered for the purpose of development funding for the DIGM Music Marketplace, while in the future they will be used for provider access to host/share/sell content on the platform.
By launching 100,000 DIGM as a maximum*, there will always be a limited number of people able to sell music on the platform at any given time per fixed supply.
(*)Excluding the possibility of providers burning tokens.)The only issuing platform for DIGM is on Bitcoin Cash simple ledger protocol.
Other tokens will NOT share the common utility of provider access to host & profit from content made available to platform users - as only these DIGM tokens will represent. see below about DIGM NFTs
PARA tokens launched on
2 platforms will each be 1 whole coin per platform (utilizing sub decimal atomic value of 12 decimal place
picoPARA or 0.000000000001 = 1 ‘para’) and will be used for listener rewards. (See below)
Our goal is to further recruit, and build a platform for, top
independent talent of the future, along the way. (both in Computer Programming & Music)
Development resources will be devoted to bounties for talented programmers & technicians in general.
Token id :
8261c44c396fb1120b699b10de708f37a72f8b0339752d4dba67e193dbf898ebDIGM token availability begins on 5 November 2020
Token offering price ~ 1 dime USD -rates may certainly vary from time of OP
1 DIGM @ 0.10 USDT on
CCtip.io1 DIGM @ 0.00021 BCH on
Memo.cash1 DIGM @ 0.00008 ETH on
CCtip.io1 DIGM @ 5 XFG (
direct message for p2p txn or by tipbot in FANGO
discord)
DIGM Reddit No financial gains are guaranteed nor offered from participation in the DIGM platform crowdfund in any way. Not financial advice. Forward looking statements, Etc. etc. titles, titles.BCH1A8M6Nz8QFQUJLnywV8qJtjfmXVpcrbcUM
bitcoincash:qrahms52lv6uk89yg5wh2hv2255fny73kvqwnrgwfc
simpleledger:qpjpe58a9sg8aj29n438q0yur8flj2cfkvuj5drn4s
BTC -
1BTFDsFhR8cDd9WYtaaQbuocxcwk6PZpaZ
Link to slp DIGM token