BitChord

BitChord

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BitChord creates a global platform based on block chains and guitarists control unprecedented ways of interacting with viewers and how to handle content. The zero ranking platform is the first of its kind and is a fully integrated block based solution that is the basis for guitar players to share, sell and evaluate content.

Every key member of the BitChord team personally has a talent with the success of this platform, which has had many years of experience in guitar games, software development, finance and law.

Our team is unique in making this bridge. BitChord does not start from the beginning but plans to push the found model smoothly to the block chain based on the music content platform and let the guitar player have more control over content, revenue, and social interaction.
Public Sale
May 19, 2018
Aug 27, 2018
100% completed
Raised funds - no Data
Goal 10 450 000.00 USD
Cap 55 000 000.00 USD
past
  • 1 BCD
    =
    0.19 USD
Crowdsale Phase 1
Apr 3, 2018
May 18, 2018
100% completed
Raised funds - no Data
Goal 816 000.00 USD
Cap 5 100 000.00 USD
past
  • 1 BCD
    =
    0.16 USD
Presale
Mar 19, 2018
Apr 2, 2018
100% completed
Raised funds - no Data
Goal 440 000.00 USD
Cap 4 000 000.00 USD
past
  • 1 BCD
    =
    0.11 USD
Early Presale
Mar 3, 2018
Mar 18, 2018
100% completed
Raised funds - no Data
Goal 180 000.00 USD
Cap 3 000 000.00 USD
past
  • 1 BCD
    =
    0.06 USD
Token Details
Ticker
BCD
Accepted Currencies
ETH
Company Details
Registered Country
United Kingdom
Additional Details
Platform
Ethereum
Categories
Entertainment

About BitChord

BitChord is a global solution that simplifies music content distribution and puts power back in the hands of guitar players and their fans. The platform uses its own BitChord Tokens (BCD) as its primary currency, and both guitar players and users earn BitChord Tokens automatically as part of the platform’s buying/distribution process.

BitChord reduces costs and puts all revenue in the hands of guitar players for the original content they create, upload, host and sell in the BitChord’s Marketplace.  At the same time, through automation and better data moderation and management, enabled by blockchain technology and machine learning, BitChord creates a database of high-quality content that users are interested in and will pay for.

By enabling direct artist-to-consumer engagement and commerce, BitChord not only eliminates intermediaries and makes the process of getting paid for playing guitar possible, but strengthens the traditional music industry by making it more efficient and transparent for guitar players as well.

Features

Built on the Blockchain, BitChord gives guitar players complete control over their content and engagement with users. The zero-fee platform allows them to create, upload, host and sell original content, including video performances, video lessons, original tracks, tabs in electronic format such as GuitarPro files, backing tracks, full albums and keep all profits from their work. 

At the same time, users who have purchased BitChord tokens can buy original content, rate the content they have purchased and/or viewed and tip their favourite guitar players. To incentivize users to contribute to the growth of the BitChord platform and its population with high-quality content, they will get rewarded with tokens for rating the content uploaded by guitar players. This rewards-based system will enhance fairness and transparency while ERC-20 token authentication for each transaction on the platform and location security check will eliminate information asymmetry and fraud.

Once a member of the platform, both guitar players and users will be able to transact directly and with zero fees. They will also actively contribute to the quality control of the content uploaded and shared on the BitChord platform and marketplace. This multi-dimensional ranking feature will drive the platform to become more social while preventing misuse, fraud and abusing the system.

The biggest incentive for the widespread adoption of the BitChord platform is the monetization of user activities that sees people get paid for rating the content they view and purchase as well as their contribution to its moderation, thus creating a database of high-quality guitar playing materials. Additional benefits from using the platform include target ads by partner music equipment retailers who will offer special discounts for BitChord registered users.

Guitar players, on the other hand, will have the opportunity for the first time ever, to receive all profits from the content they create, host, share and sell on a music distribution platform. They will be able to directly engage with their target audience and get rewarded in tokens for it. They will also be able to earn a 20% commission through our affiliate program for partner music equipment retailers on every referral sale made through their profile on BitChord

Technical Info

Each registered guitar player has his/her own profile page on the platform and space in the BitChord Marketplace, where he/she can sell their content.

Music equipment retailers who wish to acquire access to a large number of target consumers registered on the BitChord Platform will be required to pay a small monthly subscription fee as well as a 20% commission to the guitar players whose profiles the referred sales have come from. Because all content on BitChord will be strictly regulated to ensure consistency and quality, music equipment retailers will receive the unique opportunity to target users whose uploads have been rejected due to: poor lighting, poor sound quality, inadequate video quality, inadequate overall production quality, etc., meaning they will receive that information automatically and be able to start displaying ads to users for the specific piece of equipment that will ensure his/her upload gets accepted by BitChord.

The advertising feature is fully customizable and e-wallet based where the advertiser can segment and target their campaigns and define custom PPL (pay per lead) or PPS (pay per sale) rates. Each time a user clicks on a published CPA Offer the related PPL or PPS rate is automatically deducted from the advertiser’s e-wallet balance and paid to the guitar player whose channel made the referral.

BitChord's token is based on the ERC-20 standard.

BitChord Roadmap

  • Q1 2018

  • Pre-Sale
  • Q2 2018

  • Main Token Sale
  • Q3 2018

  • Launch of the BitChord Platform, BitChord Marketplace and Affiliate marketing program rollout
  • Q4 2018

  • Develop partnerships with major retailers of musical instruments, studio and pro-audio equipment.
    Launch of the BitChord mobile app.

BitChord Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Galina Mikova
Technical Writer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Svilen Mikov
Content Advisor
unverified
Mykola Vdovychenko
Legal Advisor
unverified
Ignazio Di Salvo
Content Advisor
unverified

9 ICO

$78 979 504

James Sowers
Blockchain Advisor
unverified

BitChord Last News

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