TREX TOKEN :THE REVOLUTION OF MUSIC DISTRIBUTION!!!!


The Trex Token (symbol: TXT) will be used as currency within our platform, and will therefore be used for donations, purchases. Using the Ethereum blockchain our community will be able to receive payments safely and quickly, thus eliminating the annoying problems and slowness of the fiat currencies.

ABOUT

Streaming services have saved the music business and has become the most used instrument in the modern music environment, generating increases in the main markets and thus unlocking the enormous potential in terms of reaching the public.
Global recorded music revenues reached $17.4 billion in 2017, up from $16 billion in 2016 — an annual growth rate of 8 percent. Streaming revenues in particular have contributed to this growth, and were up 39 percent year-over-year to reach $7.4 billion, or 43 percent of all revenues (Sarah Perez, Techcrunch, 2018).
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).

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.
In the event that our technology detects that a song has already been registered previously by other users, the Trex Token platform will require further verification through the official social profiles and certificates, to protect the work of the individual artist

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.

Best Features

Purchase for download
100% transparent
Royalty Payouts

TOKEN INFORMATION

Smart Contract:0x4b44f450bc3bFB60DC1a0690cBA028e1193CaE4f
Symbol:TXT
Decimal:8
Max supply:10,000,000,000
Accepted payment:ETH
Term of token sale:30 days with the possibility of an automatic early completion in pursuing the final goals of ICO
Commitments:- All unsold and unallocated tokens will bе destroyed and additional release оf tokens will not be possible
– CEO & Dev wallets will be lock 1 year.
– Advisors wallets will be lock 3 months.

TOKEN DISTRIBUTION

The token distribution will be designed to increase community benefits and provide long-term incentives.
PUBLIC SALE – 70%
RESERVE FUND – 15%
TEAM – 10%
ADVISOR – 3%
BOUNTY – 2%

BUDGET ALLOCATION

30% Product Development
36% Marketing, Listing Fee, Making Partnerships
12% Operations
6% Legal
16% Management

ROADMAP

2018 AUGUST
Preparing ICO (Whitepaper, website)
2018 OCTOBER
List TXT on some exchanges
2018 DECEMBER
Release TXT Site
2019 MARCH
Release TXT on iOS
2019 APRIL
Integrate Wallet on iOS
2019 JULY
Release Android App
2019 NOVEMBER
Release version 1.0 (user can use VTXT to purchase songs)

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