Bittunes: Difference between revisions
SimonEdhouse (talk | contribs) |
SimonEdhouse (talk | contribs) |
||
| Line 3: | Line 3: | ||
=Description= | =Description= | ||
==== Bittunes is a project to create an 'Independent Digital Music Market' ==== | ==== Bittunes is a project to create an 'Independent Digital Music Market' ==== | ||
The vision for this project is about using the best aspects of peer-to-peer file-sharing technology often rightly called ‘super distribution’, and fusing that with the latest technology in digital payment systems, to radically change the way the technology has been applied so that ordinary people actually earn money by becoming the new distribution channel for digital music. To achieve this will not be easy, but the end result could be nothing short of revolutionary. | The vision for this project is about using the best aspects of peer-to-peer file-sharing technology often rightly called ‘super distribution’, and fusing that with the latest technology in digital payment systems, to radically change the way the technology has been applied so that ordinary people actually earn money by becoming the new distribution channel for digital music. To achieve this will not be easy, but the end result could be nothing short of revolutionary. | ||
Revision as of 10:36, 9 March 2014
Description
Bittunes is a project to create an 'Independent Digital Music Market'
The vision for this project is about using the best aspects of peer-to-peer file-sharing technology often rightly called ‘super distribution’, and fusing that with the latest technology in digital payment systems, to radically change the way the technology has been applied so that ordinary people actually earn money by becoming the new distribution channel for digital music. To achieve this will not be easy, but the end result could be nothing short of revolutionary.
Industry Context
The music industry has been constrained both by its structure, and by the technologies used to record and distribute it over the past 100+ years. Archaic copyright rules neither protect musicians, nor do they recognize the unique social properties of music. The fundamental nature of what music is, industry greed, and improper use of modern technologies to try to restrict how music is played and used have contributed to falling sales, and artists being ever more poorly compensated in order to protect the business models of the big labels.
Bittunes was created to address these problems and leverage the power of the internet and p2p technology to create the first global independent music market that puts control back in the hands of the musicians and their fans, and rewards rather than penalizes the network for helping to spread the music to everyone who wants to hear it.