TREX TOKEN PROJECT

bisiland (0)(1)in #ico • 6 years ago

Trex token is a new platform, that will be built using the Ethereum blockchain. The focus of the developers is one near to their heart. It is a project dedicated to musicians and attempts to solve a major problem for emerging artists.

Through Trex Token, musicians will have the opportunity of producing their own songs and listeners will enjoy and hear new content from any device they own Trex Token will provide the user with the possibility of using the platform in a number of ways from, free streaming, to requests for donations, payments and the insertion of advertising sponsors.

It differentiates itself from other music streaming platforms by assisting to finance music and video artists and gifting tokens to its users, from music/video enthusiasts to those for commercial
activities).

Key to Success
Trex Token will be the new point of reference for the music market and will be fully developed using the technologies that the blockchain has available. Using the blockchain affords Trex Token with the means to be decentralized and be more community – based compared to its competitors. Currently viewing a music video is via YouTube, listening and streaming is via Spotify, marketing is on iTunes or Beatport and advertising is on social media. Trex aims to solve this problem once and for all.

Vision
Our vision is to create a new revolutionary brand linked to music
streaming that is unlike any other platform.
Keys to Success Trex Token will be the new point of
reference for the music market and will be fully developed using
the technologies that the blockchain has available. Using the
blockchain affords Trex Token with the means to be
decentralized and be more community – based compared to its
competitors. Currently viewing a music video is via YouTube,
listening and streaming is via Spotify, marketing is on iTunes or
Beatport and advertising is on social media. Trex Token aims to
solve this problem once and for all.

Problem
When an artist creates a new single or musical album, he must invest his time to create that piece from an original idea through to the product. They finance it with their own money, contact a record label in the hope that they are interested in the song, investing and publishing it to get the most sales. This all takes many months before outcomes can be achieved .

Often however, this does not happen, as the artist does not have the necessary funds to create a music video, because he does not have the right contacts, and because the record label (given
the huge amount of songs they receive) rarely invests their time and effort into the song. An artist can often find they have spent substancial time and funds without gains or revenue.

Trex Token, due to the Ethereum blockchain, finally wants to resolve these problems that hinder emerging artists within the world of music. Trex Token will provide opportunities for the advertiser to easily reach their audience, thus avoiding intermediaries who only increase the advertising cost. We will give them the choice to choose the amount to invest in each individual advertising. In addition, advertisers will get data to measure the results of their marketing campaign.

Solution
Trex Token has resolved problems for the artist by permitting them to upload their songs without any need for a record label. The artist can receive donations in TXT tokens which can be
converted to cash or it can help sponsor the development of their own piece of music. Artists can also get revenues from advertising generated by their piece of music and by reselling
their own songs. This will be enhanced by the social network created on the Trex Token platform and the loyalty of fans.

Funds via the Trex Token’s token $ TXT will be credited to the artist wallet immediately and they will be able to withdraw or convert as they see fit.Artists need no longer wait several months before a record label sends various reports, they can check the progress in real time directly within his Ethereum Wallet.

Through Trex Token, the advertiser will also have greater clarity on costs and will not have to pay additional intermediaries. They can create their own advertising campaign through a special
advertising tool within the Trex Token platform, choosing the appropriate target.

Once a target is selected, the advertiser can choose the amount (in $ TXT he wants to invest for each advertising session. The higher the bid, the more visibility the advertising will have. Finally
the advertiser will not have to pay astronomical figures, as Trex Token completely eliminates the intermediaries and allows the advertiser to decide the budget they wish to spend for individual
Trex Token accepts within their platform, all songs, that are not plagiarism, but the result of the originality and work of an artist, without thereby harming the work of other artists.

Blockchain Overview
All components related to Trex Token’s blockchain platform will
run on the Ethereum network. There are two codependent
facilitators of all interactions on the blockchain detailed below:
Smart Contracts and the Trex Token token.
Ethereum is different from Bitcoin because it allows you to create
smart contracts that can be described as highly programmable
digital money. Contrary to many other cryptocurrencies,
Ethereum is not only a network for the exchange of monetary
value but a network to run contracts based on Ethereum.
These contracts can be used safely to perform a large number of
operations: electoral systems, registration of domain names,
financial markets, crowdfunding platforms, intellectual property,
etc.
Trex Token reserves the right to use one or more blockchains
within its project. This will allow us to be totally decentralized
without depending on a single technology.

Partnerrs