In the world today, the music industry was formed in the 20th century with the advent of the music recording technology.
The clear evolution of digital music has created an apparent and drastic shift in the way in which consumers and producers view and use the music industry. The presence of these music files that have been digitally compressed, thus making them easily attainable to all for a small fee or illegally downloaded for free, has now made the music industry revaluate how they are to make a profit off their art form. We now see that social media websites have also created a visible demand from consumers for artists to maintain a consumer-artist digital relationship thereby making the Internet not only a promotional vehicle for artists, but also a necessity for profit. These new means of music distributing and marketing have not only pushed the music industry to new levels, but has created a whirlwind of changes as record labels are losing control, with artists and consumers having the upper hand.
FLUXORIN was made as an attempt to harness the blockchain technology which would be used to solve the problem of artist royalties and also payments by providing transparency to the complicated chain of rights ownership and usage in the digital distribution of music, as well as offering a new model of the music creation process through the Decentralized Autonomous Labels.
An inspirational musical legend (Bob Marley) has once said: “One good thing about music, is that when it hits you, you feel no pain”. But it is now noticed that in this current state of being in a digital age, it is the music and the people who create this kind of music that seem to be feeling all the pain. As the digital age becomes part of our lives, more consumers are demanding that the music industry would keep up with these changes, which in turn, has led to financially devastating consequences for this industry. We now live In a world that is full of conflict, economic despair, war and constant turbulence among nations and there is only one entity that few can say they genuinely hate and that is music. Music is an important part of our society as well as a part of societies throughout the world. It is an art that strives to feed the soul and paint a canopy of emotions through song. With this being said, it is important to note that we have reached a time when music has become so easily attainable that anyone who has a computer can potentially become an overnight phenomenon. Much of this shift can be attributed to the digital age and its undeniable presence in the music world.
This rapid emergence of new technologies has caused huge alterations in what was once a straightforward business model for success in the music industry thereby causing many industry leaders to take a second look at how to tackle their art form. Is the digital age causing the creation and distribution of music to be so simple that the value is really going down? Does our obsessive Internet usage lend itself towards a shrinking level of respect for music artists because practically anyone can become a music star? The digital age has created both a luxury and a monster for consumers and producers alike because it has come upon us so rapidly that at times, it seems to get ahead of what we know how to handle. As technology and new media advance and improve, so do the means for marketing and promoting of anything and everything. The music industry is no exception to this ever-changing whirlwind that has scooped up artists and their music and has moved them to an entirely different level of sharing, purchasing, marketing and distributing. The pressure consumers have placed on the music industry to keep up with their demands is enormous. It is expected that record companies and independent artists develop new means of communication and distribution of their music as the Internet and online databases explode with popularity. In this digital age, labels are losing much of their importance and artists are more capable of promoting themselves, granting them more ownership over their own work.
The main growth in emerging technologies began in years ago in 1998 with the evolution of the MP3 player. This allowed for a new type of audio-compression that was at that time, a revolutionary means for listening to music. What the creators of MP3 files and music industry experts didn’t know was that this technology that they thought would help them would actually hurt them in the long run.
The usage of peer to peer storage and delivery technologies, would allow the music in question be published and distributed in much higher quality by sharing playlist with friends on the network while keeping the costs down. They are the protocols of the future Internet.
The need for a new model that re-structures the entire process, from creation, to consumption, to compensation, and to more creation is highly essential.
FLUXORIN is not only designed for a new paradigm shift, but also offering a great opportunity for larger stakeholder groups. Big labels may have to adapt, but they can benefit from this platform because the whole market scale can be enlarged, they can work once and harvest forever and worldwide. They can put their copyrighted content onto FLUXORIN blockchain and keep enjoying the up scaled consumption.
With FLUXORIN, streaming music services today do not need to process hectic paper works to prepare reports and pay musicians, instead, all the information are open to access by anyone in the world, instantly. FLUXORIN is designed for both musician and listeners, but will eventually benefit the whole industry even traditional players. Marketers, promoter, DJs, and social curators can also benefit from this system, which can spawn new values for listeners, thus generating returns to them.
Big open data on FLUXORIN blockchain can lead to more intelligent music recommendation. Based on this system, Artificial Intelligence can help play more and more important role to help users to discover music based on their taste, which is learned by the machine. It can be very personalized because every playback history will become the foundation of more accurate recommendation in the next.
ICO
FLUXORIN is raising funds for its technical development, community engagement and participant outreach through the sale of The Flux Token. The Flux Token is the key element of the FLUXORIN network with which the labels, the artists, band member and every other entity involved in creative process will be rewarded which may be exchanged with other altcoin or for fiat at the exchanges.
Token Name: The Flux Token
Token Sym: Flux
The VBT will be issued on the ethereum platform in accordance with the ERC20 model.
Total Supply: 702,000,000
Platform: ERC-20
Compatible wallets: All wallet supporting ether, they include: jaxx, myetherwallet.com and ERC-20 compliant
Token Type: Utility Token
Total Available for Sale: 372,000,000
For More Detailed information About FLUXORIN, please visit the following:
ANNTHREAD: https://bitcointalk.org/index.php?topic=4361686.0
WEBSITE; https://www.fluxorin.io/
WHITEPAPER: https://www.fluxorin.io/wp-content/uploads/2018/05/FLUXORIN.pdf
FACEBOOK: https://web.facebook.com/fluxorin.io/
TWITTER: https://twitter.com/fluxorin_io
TELEGRAM: https://t.me/FluxorinICO
YOUTUBE: 
REDDIT: https://www.reddit.com/user/FLUXORIN
My Bitcoin Talk Profile: https://Bitcointalk.Org/Index.Php?Action=Profile;U=1759573
My Eth Address: 0x997098D0Ff8d0C0124aA0690e1c764B420691301
Written By fireman2001