POTENTIAM - Creating a decentralized ecosystem and beneficial to musicians and music supporters

What is Potentiam?

Potentiam is an economic gateway that is evolving into a global music landscape with an annoying openness and creating great possibilities for participants worldwide. We are not like a technology company that builds a good business with a large amount of music content submitted voluntarily by a desperate musician / writer. They only help some people to succeed, but feed the hopes and dreams of millions of people. We are the reality of millions.

This gives the overview of potentiam with its aim. Potentiam aims to provide an extensive and innovative experience with features at Potentiam. Funds collected will be used for network technical development, legality, testing, deployment and network marketing. Lets have a closer look on what potentiam is trying to solve.

• First is the Poor rewarding system in the music industry
• The cost of creating music today is a great dream killer as many enthusiasts dont have enough funds to fund this dream.
• There is stunted growth in the industry as a result of the inability to access target market.

Potentiam tends to solve all this by contributing and compensating the model of the entertainment. It doesnt only end there, they also plan on contributing to its online advertisement and social media. Potentiam simply want to connect, develop, foster and promote relationships between music artists, bloggers and music fans using a tokens reward system. Here is how it works.

The problems with the music industry today

Low Capital Input: owing to the fact that album sales have dropped by nearly 70% since the late 90’s, it is now tough to find sponsors for music projects.

Poor Exposure: another problem for many skilled musicians is that of exposure. Unless one has some connections in the industry, it is extremely difficult to get proper exposure within music circles today.

Revenue Distribution: the majority of the money that is collected via sales is either scooped up by record companies, or other individuals who have vested interests in the project.

How it works

Potentiam aims at creating a decentralized and incentivized ecosystem for musicians, bloggers and music supporters, with the benefits of blockchain technology. With a decentralized public book that leans over a peer-to-peer network, Potentiam’s block chain can be used to store information without any intermediary, but based on the contribution of each user to deploy a fully network decentralized system whose security and integrity is guaranteed by cryptographic algorithms.

How it works

Potentiam aims at creating a decentralized and incentivized ecosystem for musicians, bloggers and music supporters, with the benefits of blockchain technology. With a decentralized public book that leans over a peer-to-peer network, Potentiam’s block chain can be used to store information without any intermediary, but based on the contribution of each user to deploy a fully network decentralized system whose security and integrity is guaranteed by cryptographic algorithms.

The founders of Potentiam have worked in the music industry for several years and have lived and understood the difficulties involved in promoting new emerging artists. In 2016 they founded a music publication — Britznbeatz — to help discover and promote musicians who continue to gain respect and recognition in the music industry.

Potentiam in the words of its founders, was created to give voice to emerging artists, writers of content in the world of music and to all those who strive to make possible the development of this industry. The core function of this new platform is to bring new faces to light through the editorial exposition. Potentiam aims to achieve this by creating a decentralized and incentivized ecosystem for musicians, bloggers and music supporters, with the benefits of blockchain technology.

With a decentralized public book that leans over a peer-to-peer network, Potentiam’s block chain can be used to store information without any intermediary, but based on the contribution of each user to deploy a fully network decentralized system whose security and integrity is guaranteed by cryptographic algorithms.

About Token Sale and Distribution

• Symbol — PTM standard ERC20 token
• Emission rate — No new coins will ever be created
• Price — 1 PTM = USD 0.41
• Unsold tokens — Allocated to reserves & used accordinglY

Potentiam shall mint 100 million tokens and at its Token sale 60% shall be available for crowdsale, and the rest will go towards development, legal, team, reserves, accounting and marketing of the Potentiam Network.

Details of the Tokensale
Potentiam is launching a public tokensale to raise funds for the Potentiam project. The tokens will be called PTMs and will be attached to the new standard ERC20 token in the Ethereum main network.

Links to Potentiam

Official Webpage: https://www.potentiam.io/
Telegram: https://t.me/potentiamgroup
Whitepaper: https://docs.wixstatic.com/ugd/73bd45_581334cbc5bc4d1a9cce6ee2133a7049.pdf
Facebook: https://facebook.com/potentiam.io
Twitter: https://twitter.com/potentiam_io

By. penikmatsenja