RECORD FOUNDATION

    The record foundation is a music platform based on NextGen reward, with Ethereum


                                     Website: http://recordfoundation.org/
 RECORD project is the first project in the world that allows not only artists, but also listeners to apply blockchain technology in a fully functioning music platform RecordFarm. This project is launched and developed by RECORD Foundation. The basis of the recording is the first platform of music services based on awards. This is a solution for the traditional music industry, it creates a healthy environment where creative work is valued, remuneration from listeners is rewarded and transparency is provided. The RECORD Foundation can become one of the first companies that managed to remove the system of the 16th century, when the artist abandons most publisher rights and instead becomes their own publisher. Artists will be able to track where their music is playing, and calculate the amount of use and get paid. 

RECORDFARM

Recordfarm is an open music platform on which Record Foundation works, RecordFarm is a revolutionary music services support platform that transforms traditional music services. RecordFarm is the decentralized base platform of the ethereum blockchain music platform, which rewards the creators of content with RCD markers relative to the number of "likes" or "votes" that the content received. RecordFarm plans to create the world's first service service for music platforms for artists who not only fought for the publication and transfer of music, but also received fair compensation for their work. 
 RecordFarm uses blockchain technology to protect the rights to the content of its valuable artists. In addition, direct, transparent transactions between artists and listeners are carried out in the absence of an intermediary, which prevents losses for artists. This eliminates the main problems in the modern music industry. RecordFarm is already successfully developing and successfully working in the market, the ambition of RecordFarm is to attract 50,000 new artists, 2 million active users per month, and manage copyright and royalties for about 1,000 new songs a day by 2020. 

Benefit of using recordfarm

  • Artis can publish and share his music, and listeners can contribute to artists' income by interacting with music, each interaction provides an additional cash reward for artists in the form of RCD tokens, giving artists a direct payment, which in turn stimulates them to produce more quality music.
  • Listeners can interact in the form of voting, commenting and sharing. Based on the contribution, the listeners will be awarded a RCD marker, which can be used to buy music and others.
  • RecordFarm will extend services based on RCD tokens to create a saving RECORD marker. this will significantly increase the value of our RCD token and increase the investment value.



RECORD (RCD) TOKEN

The RECORD marker is the crypto currency of the RecordFarm platform. The artist and listeners will be rewarded with the base contribution on the platform. this reward system uses a record tokens (RCD) to stimulate listeners. Artists will reward, creating music (more popular music, get more RCD marker), and listeners will be rewarded with interaction with music. Also, the RCD token - as a global payment system for music transactions or other related content worldwide - is planned to be used for services not limited to RecordFarm, as well as for concerts, tickets and related products with APIs. 

RECORDING INFORMATION ON SELLING CURRENT

  Name of the token: RECORD 
 Symbol: RCD 
 Type: ERC20 
 Token Price: 1 RCD = 0.1 USD 
 Purpose of fund raising: $ 15,000,000 
 Payment: ETH 
 Total number of generated tokens: 300,000,000 RCD tokens 
 Total number of tokens on sale: 150,000,000 RCD tokens (50%) 
 Minimum payment: 5.000 tokens RCD 
 Maximum contribution: 10,000,000 RCD tokens for preale and 50,000,000 RCD tokens for crowdsale. 


Pre-sale

 Beginning: April 15, 2018 
 End: April 22, 2018 
 Discount: 20% 
 Hardcap: 15.000.000 tokens RCD 
 The ETH / USD exchange rate will be blocked on April 14. 

Mainsale

Beginning: April 30, 2018 
 Expiration: June 30, 2018
Round 1: until the first 45,000,000 RCD markers are sold (10% discount) 
 Round 2: until the second 45,000,000 RCD markers are sold (5% discount)
Round 3: until the third (last) 45,000,000 RCD tokens are sold (no rebate) 

 * The exchange rate of ETH / USD will be blocked on April 29.
* The inactive token will be lit if you do not meet Hardcap. 
 * During or after the completion of the ICO, the RECORD Foundation sends a request to each buyer to provide information to verify his identity. The buyer must provide a copy of his identity card (passport, driver's license or national identity card) and information about the residence. 

USE OF FUNDS

60% R & D and STAFF 20% 
ADMINISTRATIVE AND OPERATIONAL 
 17% MARKETING AND EDUCATIONAL CAMPAIGNS 3% 
LEGAL 

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