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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.

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Overview

Project industryArt & Music
Product typeApp
WhitepaperPurple Throne White Paper Open

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.

Details

Public sales: Feb 26, 2018 - Apr 27, 2018
Token supply: 100,000,000 PPC
Soft cap: 35,000,000 PPC
Hard cap: 50,000,000 PPC
Raised: 25,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: Canada, China, United States
Registration country: Saint Kitts and Nevis

Token info

Ticker: PPC
Type: 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

1
September, 2016

API Prototype Completed.

2
1 February, 2017

Product Launch in App Store.

3
9 February, 2018

ISO Starts.

4
3 April, 2018

Alpha Dev. of PurpleCoin Wallet.

5
6 September, 2018

PurpleCoin Wallet integration with Blockchains.

6
1 February, 2019

Registration of PurpleCoin Foundation.

Project team

Ed Maguire
Ed Maguire
Cryptocurrency Strategist
Ed Maguire linkedin
Joshua Molnar
Joshua Molnar
Cryptocurrency Trading Consultant and Exchange Liaison
Edison Moody
Edison Moody
Graphic Artist/Digital Marketing Visual Designer
Edison Moody linkedin
Lindsey Winder
Lindsey Winder
Cryptocurrency Advisor
Lindsey Winder linkedin

Social media

Purple Throne web-sitePurple Throne RedditPurple Throne MediumPurple ThroneYouTubePurple Throne TelegramPurple Throne InstagramPurple Throne X (Twitter)Purple Throne Facebook

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