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Author Topic: [ANN] DIGM Audio Album Marketplace & Listener Rewards Platform | $DIGM $PARA  (Read 452 times)
aejontargaryen (OP)
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October 29, 2020, 02:01:27 AM
Last edit: March 15, 2024, 06:52:30 AM by aejontargaryen
 #1

Fuego's 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 GUI 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 for desktop at first, as we have discussed making hashpower (at minimal levels) a simple requirement for any 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 (from 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's service addresses) First-time users will even 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 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 will be 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.

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 : 8261c44c396fb1120b699b10de708f37a72f8b0339752d4dba67e193dbf898eb

DIGM 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.io
1 DIGM @ 0.00021 BCH on Memo.cash
1 DIGM @ 0.00008 ETH on CCtip.io
1 DIGM @ 5 XFG (direct message for p2p txn or by tipbot in FANGO discord)
DIGM Reddit

DIGM Telegram


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.

BCH
Code:
1A8M6Nz8QFQUJLnywV8qJtjfmXVpcrbcUM
bitcoincash:qrahms52lv6uk89yg5wh2hv2255fny73kvqwnrgwfc
simpleledger:qpjpe58a9sg8aj29n438q0yur8flj2cfkvuj5drn4s
BTC -
Code:
1BTFDsFhR8cDd9WYtaaQbuocxcwk6PZpaZ
XFG -
Code:
fango4Uxurg6s7mTd7r7aZeMxkdrsPNYQM4yPjmX6rTRh4VZx4QGqe3K29vKB9sEBxMztybnbj3ZvNgGS7ztzLZ88x83hM3GwYD

Link to slp DIGM token
aejontargaryen (OP)
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January 11, 2021, 09:54:30 PM
Last edit: May 09, 2021, 05:17:38 AM by aejontargaryen
 #2



PARA on Stellar details
Original Platform Issuance  (1 of 2).
Para is Reward Currency for both Artists & Listeners on DIGM music platform

For a limited time, all Stellar addresses adding a PARA trustline will receive a reward of 1M para.

Just ‘add asset’ in a Stellar wallet like Solar-
code: PARA
Issuer:  GCFWKV4KWYPBPQVQYLVL6N6VARBLVQS6POYEMLN7AGZB5UK4VIJX565U
Trust limit : 1

Trade PARA on Stellarterm DEX
aejontargaryen (OP)
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January 15, 2021, 09:23:50 PM
Last edit: June 05, 2023, 09:42:01 PM by aejontargaryen
 #3

Goal is of course to make this ecosystem as decentralized as possible over time -
As crypto wallet functions evolve, we will find ways to automate the value exchange points on the backend.

However, we will always need at least one DIGM wallet to receive payments for platform access, and one PARA wallet to distribute rewards. PARA < XFG > DIGM could be an automated in-wallet swap pool. This also requires an additional XFG wallet for development. Semi-centralized will be the best we can do until the time of automation...of which is the endgame.
aejontargaryen (OP)
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January 16, 2021, 12:13:48 PM
Last edit: April 20, 2021, 03:56:10 AM by aejontargaryen
 #4

First step of action imo needs to be the P2P radio.
Perhaps even start with a simple broadcasted signal of an internet radio station to wallets.
Or to XFG seed nodes, which could propagate to peers.
Open to other ideas, though.
aejontargaryen (OP)
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January 25, 2023, 04:03:01 AM
Last edit: March 15, 2024, 06:34:27 AM by aejontargaryen
 #5

Q:"Why would anyone pay to have their music on a platform when they can just post it on the internet for free?"

A: they already pay to be on spotify & every other platform thru distributors. the total market size of music distribution services is valued at 1 Billion USD with a CAGR of like 7%

Likely be converting DIGM tokens into an NFT-based (erc721) membership model...
aejontargaryen (OP)
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September 28, 2023, 06:20:46 PM
Last edit: March 15, 2024, 06:35:36 AM by aejontargaryen
 #6

"It’s not about selling recordings; it’s about monetizing the time people spend listening to music..."
(and selling records)
aejontargaryen (OP)
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April 27, 2024, 03:43:18 AM
Last edit: April 27, 2024, 03:54:14 AM by aejontargaryen
 #7

thinking about adding something like this dat:// protocol to Fuego network for DIGM.  
basically individual node-hosted websites....great way to sell (any) digital goods within network.
then just add a p2p browser into wallet
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