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Author Topic: [ANN] DIGM Audio Album Marketplace & Listener Rewards Platform | $DIGM $PARA  (Read 323 times)
aejontargaryen
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October 29, 2020, 02:01:27 AM
Last edit: July 16, 2021, 10:48:39 PM by aejontargaryen
 #1

Fandom Gold Society
Presents...


P2P Music Marketplace & Listener Rewards Platform




DIGM is a music revolution via platform (or hosting framework) integration with the Fango peer-to-peer network,
whereby Elder Nodes will serve catalogued music to Fango GUI wallets using their remote XFG payment connections. Allowing for any independent artist to upload & sell their own audio or music album(s) - and keep 100% of revenue earned.

By default, we plan to offer Para Rewards Radio (Para Dio) using singles submitted by artists from album(s) they are selling in DIGM marketplace. Both artist & listener receive rewards in Para for streaming radio airtime.

Prototype will also be reserved for Desktop 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 could open up a number of economic opportunities.
Any Fango blocks mined from this diverted hashpower could serve as ‘proof of listener’ and be used to pay DIGM artists a distribution % according to number of streams/plays during each 30 day cycle in either XFG, DIGM, PARA, or USD.

Marketplace payment for albums will naturally be on-chain & exclusive to XFG by using built-in (fango) public addresses for each hosting artist or label* of artists.  (Elder-node service addresses)

(*) DIGM hosting Elder Nodes could even serve as an artist pool
(think mix between record label and mining pool) where they could host content for, and distribute streaming rewards to, a roster of different artists.



We’ll need only a basic Insert Coin style payment integration of simpleledger protocol somewhere in the config for DIGM-hosting Elder Node’s menu functions.
1 DIGM required every month to continue. Perhaps even offer a way to pay in advance at a discounted rate. (Bounty coming soon)

Will also need to program a backend integration for Stellar with GUI wallets only in the way of voucher, in other words to be able to turn listening data (or mining? node uptime) into a PARA-on-Stellar voucher equaling to 10 para (picoPARA (10^12) = para) for every second passed listening. Maybe auto-cash out to Para voucher each time user accumulates 100k para or ever so many hours.
And then need to work out how to redeem vouchers from the 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 be offered initially for the purpose of developing 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 artists selling music on the platform at any given time fixed with 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
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aejontargaryen
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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
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January 15, 2021, 09:23:50 PM
Last edit: January 23, 2021, 04:02:45 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
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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.
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