Potentiam ICO Review: Music Meets Blockchain

What is Potentiam?

Potentiam was made for indie musicians wanting to receive more advertising and exposure for their music. Aimed at indie artists, Potentiam makes an innovative platform for bloggers, fans musicians, through its innovative token system.

The founders of Potentiam has over 75 years of music industry experience. They know the complications of promoting new artists and created Potentiam to assist them in their musical development and platform progress.

It has a decentralized book that is also a peer-to-peer network. Potentiam’s blockchain is used to store data without the need of an intermediary.

potentiam icoAspects

  • Low Rates: Potentiam provides the lowest rates so that users can gain momentum within the social media community and receive the maximum commitment and exposure.
  • Rewards: Members receive monetary rewards when actively participating in the community. It has a feed algorithm that allows users to see what option they want.
  • Crowdfunding: Potentiam gives users the ability to fund their music projects. This is where it gives musicians the advantage of a social network. The more fans who support your project, the more tokens you’ll receive.
  • Browsing Rewards: Even with browsing, users can gain reward tokens through interacting on the platform.
  • Advertising: Potentiam’s platform allows users to have a direct interaction with online advertisers. Musicians work with advertisers so they can both make a deal that’s beneficial to both sides.

What Issue Does it Solve?

For indie musicians, it can be an issue getting recognized for their talents. This is due to centralized music companies and platforms allocating their resources to only a few artists. This leads to a strict industry where a limited number of artists are recognized.

Potetiam’s founders have stated that the project was made to give a voice to artists, journalists who write musical content, and others who want to develop the indie music industry.

Token Sale Information

Potentiam’s token is abbreviated to PTM and has over 100,000,000 tokens in supply. Out of this total, over 60,000,000 tokens are available for sale. The company stated that once this limit is reached, there will be no more tokens out for sale.

If you need more details on the crowdsale, you look at Potentiam’s whitepaper. Also, you obtain information about the sale directly via Potentiam mailing list.

Disclaimer: Our posts are made for informational purposes only. Invest at your own risk.

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1760890

Positives
  • Indie Musician Support: With Potentiam, indie musicians can advertise on its ecosystem and gain more exposure.
  • Advertiser Incentives: Advertisers can gain tokens for promoting artists and supporting their content.
  • Decentralized Music Streaming: Potentiam creates a music network where users can hear their music without their data being compromised.

Negatives
  • Competition: Potentiam will be placing itself in direct competition with the music industry, which can create further legal complications down the road.

mm

Adam Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

We will be happy to hear your thoughts

Leave a reply