POTENTIAM SET TO AVERT CHALLENGES IN THE MUSIC INDUSTRY

Marcus Adetola
Potentiam
Published in
3 min readOct 17, 2017

BritznBeatz is a digital music platform which launched in 2016 and specialises in showcasing emerging music artists from all corners of the globe without discriminating on genre or the number of fans, followers and radio plays of the artists they feature. They simply believe in and want to promote good music.

Following on from this idea of giving a voice to emerging artists, the founders of BritznBeatz recently launched Potentiam, a social media network which will start development in 2018. Dedicated purely to music it will decentralise the corporations that are destroying the music industry and instead focus solely on the music artists themselves, songwriters, bloggers, and all those involved in the music making process and it’s outcome such as producers, engineers, backing vocalists, instrumentalists and of course the fans, influencers and writers without whom said musicians would be completely unheard of.
Bringing together all these like-minded people, Potentiam is an ecosystem which ingeniously incorporates blockchain technology in order to connect, nurture and promote relationships between the music creatives, writers and fans using a token reward system.

With a decentralized public book that leans over a peer-to-peer network, Potentiam’s blockchain can be used to store information without any intermediary, but based on the contribution of each user to deploy a fully network decentralised system whose security and integrity is guaranteed by cryptographic algorithms.

Potentiam are announcing their token pre-sale shortly.
Potentiam’s incentives include:

Low rates
The lowest rates to receive momentum within a social media community and get maximum exposure and commitment.

Reward systems
All members earn monetary rewards in tokens for their commitment within the community. The feed algorithm gives each user the option to see what they want.

Crowdfunding
The platform allows the musical project of any user to be a reality, taking advantage of the power of a social network. As more fans support your project, you’ll get rewards in tokens.

Basically even just by browsing, each user can get reward tokens on the platform by interacting with their favorite music in the possibilities that they will find.

Details of the Tokensale
Potentiam is launching a public tokensale to raise funds for the Potentiam project. The tokens will be called PTMs and will be attached to the new standard ERC20 token in the Ethereum main network.

PTM token details:
Token / Token — Used to buy goods, services and advertising space in Potentiam
Symbol — PTM
Maximum supply — 100,000,000
MTF Price — 1 PTM = USD 0.41
Minimum transaction amount — 0.04 ETH
Coin distribution — 4 weeks after Crowdsale closes.

For more details about the project you can see the White Paper, and about the crowdsale, dates and more details of participation, you can receive the information directly by subscribing to the Potentiam mailing list.

Potentiam Telegram here : https://t.me/PotentiamGroup
Potentiam Facebook here : https://www.facebook.com/potentiam.io
Potentiam Twitter here : https://twitter.com/potentiam_io
Potentiam Bitcointalk here : https://bitcointalk.org/index.php?topic=2029450.0

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