Fluxorin


fluxorin a decentralized framework for the distribution and utilization of music which consolidates a front line cryptographic money and furnishes with a vital mission to open the capability of human inventiveness by giving a huge number of artists the chance to live off their craft and billions of fans the chance to appreciate and be enlivened by it.
Fluxorin enables performers to permit their substance as a modified contract straightforwardly to a decentralized database called blockchain. these agreements robotize the accumulation and circulation of sovereignty installments and stay in the control of the specialists themselves. audience members can get a worldwide inventory of music put away on a system and pay craftsmen specifically utilizing our computerized money in view of their utilization.
Ease-of-utilization devices can be intended to permit a consistent affair for the two audience members and artists and an open convention will enable outsiders to manufacture a rich biological community of significant worth included programming and administrations. 
by giving a conveyed and very straightforward stage that associates performers and audience members specifically fluxorin lays the basis for another time of music that is manageable borderless and reasonable for all partners.
Merits
  • Transparency
  • Use of DLA which helps in the distribution
  • Low operational cost
  • Proper allocation of royalties
  • Use of P2P file sharing and delivery networks
  • Employing the sharism model
Initial Coin Offering
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. The listeners will be able to purchase music with VBT as well as buy ticket to musical concerts or shows or tours on the VERBERDIN network getting it from the exchanges or local vendor (holders).
Details ICO and Token Flux
Fluxorin2.png
  • Token Name: The Flux Token
  • Token Symbol: 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
NB
  • All unsold tokens will be burned
  • 25% of the coins earn from company services will be destroyed.
  • Tokens will be distributed 48hrs after the Main sale
  • Contributions can be made from an Exchange Wallet
  • Endeavour to put your ERC-20 wallet address where required
Merits
  • Transparency
  • Use of DLA which helps in the distribution
  • Low operational cost
  • Proper allocation of royalties
  • Use of P2P file sharing and delivery networks
  • Employing the sharism model
Purchase Eligibility & KYC / AML Compliance
All round will follow KYC (know your customer) and AML (anti money laundering) best practice under German Regulations USA and China resident can only participate with the help of an accredited investor. The participants must submit personal information and identity proofs which are verified in the local database. As part of the Know Your Customer procedure (KYC), anyone who would like to purchase VBT tokens will have to provide us with information such as but not limited to:
• First and last name
• Date and location of birth
• Current address
• Citizenship
• A copy of passport or valid ID card.
As part of the company’s policy to maintain HIGH level of INTEGRITY, the company reserves the right NOT to transfer token to people whose origin of funds have not been verified or is DEEMED negative. In this case, the crypto currency will be REFUNDED.
Token Distribution
• 53.7% will be offered for sale.
• 25% will be reserved for the Team members, advisors and contributors.
• 10.7% will be kept in the reserve
• 6.6% available for Private Pre-sale
• 4% will be reserved for bounties and bonus
Distribution Of Raised Funds
• Product Management: 51% will cover team salary, new hiring external consultancy, app development and administrative expenses.
• Marketing: 16% cover marketing expenses.
• Operations: 11% will cover for operational expenses.
• Legal: 15% will cover for legal expenses.
• Security: 7% will be for security expenses
Roadmap
• Q4, 2017: Conception of FLUXORIN project, Technical Feasibility Assessment.
• Q1, 2018: Assembling of Team members, Preparation of Whitepaper & Token Sale Security Audits.
• Q2, 2018: Whitelist Registration, Token Pre-Sale phase I, Token Pre-Sale phase II, Main Token Sale. KYC compilation, FLUXORIN Blockchain Development and integration.
• Q3, 2018: Strengthening partnerships and Legal right in the Music Industry, FLUXORIN Website and Mobile App. (iOS & Android) uploaded for scrutiny by professionals. Official LAUNCHEON unveiling the BRAND AMBASSADORS
• Q4, 2018: Improving and Expanding our database, Launch of Radio services, Launch of THE FLUX TOKEN WALLET and crypto converter.
• Q1, 2019: Stakeholders and Leaders conference.
Team

All the important information can be found here:

 
author : Yoloyolo

my profile :  https://bitcointalk.org/index.php?action=profile;u=1832746


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