Introduction
Dench Music's operating company is a decentralized system that involves blockchain and consists of several smart contracts within the perimeter of blockchain technology and its own crypto currency, And the platform is a system product created by the most powerful, competent consortium, and companies and logistics organizations experienced across world. And also blockchain and smart contracts serve as a way forward into industrial use, creating economies of scale and potentially combining supply. Decentralized manufacturing will make the industry more accessible, safe and economical for more participants in a direct peer-to-peer (P2P) ecosystem.
Therefore, Dench Music Wallet will be the center for every interaction within the ecosystem, as well as secure storage and exchange platforms for both cryptocurrency currencies and fiat currencies, enabling users to store, hold, transmit, and exchange cryptocurrencies and supported fiat. Merchants can freely choose and switch between different blockchain assets for payment. Users can convert from BTC, ETH, and MIC instead, take advantage of peer-to-peer transfers and exchanges, and pay for merchant services.
Dench Music is the first project in the world that not only empowers artists, but also listeners by applying blockchain technology to our fully functional music platform, the Project is run and designed by the Dench Music Foundation.
Investors can invest in ETH. Hard-cap in EUR and therefore conversion rate to ETH has not been calculated. The conversion rate will be calculated two days before the start of Whitelist sales to limit the potential effects of fluctuations only. The average two-day conversion rate will be counted and will be announced on our social channels.
Benefits to Investors
The interests of investors will be guaranteed through an Investment Agreement through which they receive a profit share of up to 30% in any and all profits generated by the company, for a period of 6 years (June 2024). The revenue sharing will be distributed among all investors based on the amount of ETH they contribute.
Benefits for investors include:
Profit sharing on all future corporate profits from the project under the ICO until June 2024.
Transferable Investment Agreement
2.500 MIC Token as a reward for every ETH invested
The unique benefit there is the retail platform www.denchmusic.shop
Opportunity to experience unique events and experiences with the artists
Involvement in discovering and promoting new talent is becoming a star
Participation in developing and promoting new songs from top artists
Innovate the music industry by introducing Blockchain into the corporate entertainment world
And in the future, many more exciting opportunities!
Info Token
Token - MIC
Platform - Ethereum
Type - ERC20
PreICO Price - 1 ETH = 3.125 MIC
Price at ICO - 1 ETH = 2,500 MIC
BONUS
Whitelist Round - 25%
Crowd Round Phase 1 - 10%
Crowd Round Phase 2 - 5%
Crowd Round Phase 2 - 3%
Crowd Round Phase 4 - 0%
Investment info
Min. investment - 0.5 ETH
Receive - ETH
Distributed in ICO - 85%
Soft cap - 500.000 EUR
Hard cap - 35,000,000 EUR
85% of all tokens will be allocated directly to investors; Our goal is to raise as much money as possible for song and video making. 5% will be allocated for prizes and prizes and 10% for Dench Music team.
Roadmap
Q1 2017 - Issuance of funds with the formal establishment of CTM / IMAGEM Group Dench Music BV.
Q2 2017 - Facilities in Laren's partnership with Aces Music Amsterdam.
Q3 2017 - ICO main concepts of whitepaper finalizations.
Q1 2018 - Negotiations with A-list artist Chris Brown start from ICO process.
Q2 2018 - Testing Token's website coding runs a token round.
Q3 2018 - Development / release preparation with Chris Brown.
Q4 2018 - The first profit-sharing songs.
TEAM
ADVISOR
You can find out more about the platform or participate in their sales crowd through the following links:
Website : https://denchmusic.io/
Whitepaper : https://denchmusic.io/wp-content/uploads/2018/05/Dench-Music-ICO-Whitepaper.pdf
Telegram : https://t.me/denchmusicico2018
Facebook : https://www.facebook.com/denchmusic
Twitter : https://twitter.com/denchmusic
Author : purpleblue
My Profile : https://bitcointalk.org/index.php?action=profile;u=1847778
My Eth : 0x6b3287Bbdb4F01276d59B0c1B107ae54E0442E10