Purple Throne (PPC)ICO PurpleThrone is a digital music streaming platform for artists to monetize their content and grow a fanbase that will support them. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Purple Throne
A Tokenized Music Platform would allow users to evaluate musicians and support them directly to help them monetize their content and bring their music to a larger organic fan base. Fans can explore a variety of artists from different genres and countries and give a fraction of their token balance to any given song or artist they like. Artists can use their received tokens to pay for services provided by the platform such as access to venues, production studios and more services provided by the platform. The presented model intends to open access to undiscovered talents and independent artists and to serve music adepts with content from beyond the mainstream charts.
Mission Statement
PurpleThrone is a digital music streaming platform that aims to help artists monetize their content and grow an organic fanbase that will support them along their career instead of relying on major corporations to promote them and distribute their content. The monetization of digital music through crypto-tokens, PurpleCoin in our case, allows listeners to transfer small fractions of value to their favorite artists in a deliberate way to express their appreciation of the content.
The ultimate goal of PurpleThrone is to create an ecosystem where artists can thrive from the support of their fan base instead of marginalizing their work in mainstream music outlets with binding contracts that control their art and creative potential.
PurpleThrone’s Tokenized Music Platform will sit at the heart of a new digital economy that can run with minimal management fees and based on the fan’s demand. It is within this system, an equal pay for equal goods ecosystem, that all 3rd Party services are powered by fans that get the music they want and artists receive the fair wage and value they are looking for as well as a prioritized and discounted access to the long list of PurpleThrone career making services.
PurpleThrone will not only have a global impact on the underground music scene but will actively look into diversify content and incentivize all independent digital producers.
DetailsPublic sales: Feb 26, 2018 - Apr 27, 2018Token supply: 100,000,000 PPC Soft cap: 35,000,000 PPC Hard cap: 50,000,000 PPC Raised: 25,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: Canada, China, United States Registration country: Saint Kitts and Nevis | Token infoTicker: PPCType: Utility-token Token standard: ERC-20 Token price in USD: 1 PPC = 0.74 USD Accepted currencies: BTC, ETH Token distribution: 50% - Crowd Sale 30% - Royalty Fund 20% - Reserve Fund Funds allocation: 1% - Tokensale Costs 35% - Sold in Token Sale 32% - Emergency monetary reserves 32% - Artist royalty payments |
Purple Throne Roadmap
API Prototype Completed.
Product Launch in App Store.
ISO Starts.
Alpha Dev. of PurpleCoin Wallet.
PurpleCoin Wallet integration with Blockchains.
Registration of PurpleCoin Foundation.