If You LOVE Music...
Or if you are a Music artiste,
...then you are definitely going to love what PurpleThrone is doing👌
Ever since the release of its app in March 2018, this blockchain-enabled music platform has become the fastest, coolest and most enjoyable way to discover, stream and share NEW “Independent” music in a full-scale, multi-channel digital ecosystem.
But before i go on to tell you What EXACTLY PurpleThrone has achieved and why you'll love this amazing project
...let me tell you about Emma
Emma is a 16-year old high school girl from Brooklyn.
She commutes to Madison High School every morning by public transportation.
...and while she does that, Emma loves to listen to music🎧
She prefers to be up-to-date on what’s new and popular, so Emma searches on musical.ly and Instagram to see what her friends are dancing to
...but yet, she still continuously feels like she is the last one to the party.
Emma loves watching music videos on YouTube... but YouTube recommendations aren’t always new releases and at times the videos have nothing to do with music😑
So she added Spotify to the list (New Music Friday), but those songs never catch on with her friends.
Emma is clearly unable to be on the new wave of trending songs, which...
her friends also think are catchy.
And that's a problem...
... True! but it's not as serious as that of John Doe!
Mr. Doe is a Hip Hop artist🎤
A 21 year old from The Bronx, NY.
He began his career at an early age of 16 while still in high school
...and has worked hard for the past five years to build his catalog and fan base🌏
20,000 followers on Instagram.
8,000 plays on Soundcloud and
10,000 subscribers on YouTube.
(He's also published 30 videos on Vevo, Instagram and YouTube.)
So far, Mr. Doe has invested nearly $50,000 into his music career💰
So in order for him to monetize this investment and earn himself a living, he does something...
He Books LIVE Performances.
You see when Mr. Doe is booked by a booking agent, he is usually asked to sell twenty - $20 tickets as a stipulation to perform;
If he does not sell the tickets, he does not get to perform😞
So what does John do?
He makes an announcement to all his social media followers to contact him for tickets to his show.
This announcement gets about 45 fans to purchase tickets... but these are just his neighborhood friends and close family members😑
Doe successfully raises $900 for the promoter and $200 for himself after the performance
But...
Without the cash advance money of a major record label contract, without being promoted over the mainstream radio airwaves and without a movie or T.V. licensing deal, How can Mr. Doe make a suitable salary to pay his NYC rent and earn himself a decent living?
that's almost impossible...
He hopes to earn a royalty check from all his views on YouTube, but as you can see from the graph below, YouTube's payment is even barely sufficient.
This, like the case of Emma, is also a problem.
A huge problem faced by countless music artists around the world.
...and FINALLY, these music-related problems have gotten 1 Outstanding solution:🙌
PurpleThrone was created to revolutionize the way modern society consumes new music
...Plus, redefine what it means to be an “independent artist”.
So far, it has solved two poignant discrepancies in the music industry today:
i. The limited options for music lovers (like EMMA) to discover new music in a fun and engaging way.
ii. The extreme difficulty for independent artists (like JOHN DOE) to monetize their brand.
How does PurpleThrone fix these 2 problems?
the app... Available on IOS in the App store📲
This app basically gives users an interactive experience to discover new favorites.
...while paying music artists too💵
With it, Music Artists can earn by simply submitting their latest music videos and promoting it to their friends, fans and family.
Transactions on the PurpleThrone platform are run by a secure, easy-to-use and easily-transferrable ERC20 token we refer to as PurpleCoin (PPC)
...and here's something more fantastic...
PurpleThrone gives Music Artists and consumers the ability to engage with each other, purchase services and trade currency for goods and services provided by producers, musicians, song writers, creators, influencers, merchandisers, vendors and developers.
PurpleThrone will sit at the heart of a new digital economy, invoking demand and intrinsic value for the PurpleCoin cryptocurrency. It is within this system, a decentralized ecosystem, that real economic value is distributed amongst all participants, ensuring everyone a fair compensation for their labor.
An illustration of how top charting artists can earn additional money on the PurpleThrone platform is very well elucidated in the Whitepaper.
... And after you See The Whitepaper
you will realize that THERE IS EVEN MORE to PurpleThrone than i just shared...
And your excitement about the project will grow even more after you Join Their Awesome Telegram Community
you are welcome... 🛀