THELOGICALINDIAN - Foundation run ICO Individual Content Skill Token ICST is alms entertainers a blockchain band-aid like no added Heres how they alter from the pack
The World Wide Web opened the floodgates for bookish and artistic agreeable providers to administer their actual to a all-around audience. What the internet did not do is bang the agent and his fees out of the picture. PayPal takes a cut at the point of sale, whilst Spotify presents musicians with abject commissions and YouTube rewards consumers with annoying advertisements. Let us not balloon the billions artists lose out on anniversary year acknowledgment to actionable download and alive sites.
Blockchain can booty some of the affliction abroad from these accomplished agreeable sharers by removing intermediaries and facilitating bare peer-to-peer, or artist-to-fan, exchange. Many accept accustomed and leveraged this game-changing technology in abutment of agreeable creators, but one Singaporean start-up stands out from the crowd.
ICST is administered by the People-Joy Foundation. According to the ICST white paper, the Foundation is an absolute and non-profit article that ‘maintains and promotes the democracy, fairness, transparency, security, and believability of the community’. Whilst blockchain companies like Choon avowal added favorable accumulation splits, the foundation run ICST removes the barriers to access for agreeable creators and consumers altogether. It provides a zero-fee belvedere area creators absorb 100% buying over their revenue. ICST alike issues absorb certification, so artists can focus on the fun being like authoritative and administration their material, not processing applications.
Unlike abounding blockchain-based competitors, ICST is not active a multi-million-dollar badge sale. Rather, its ambition is to accord the association a adventitious to own account tokens now in apprehension of the belvedere barrage in Q3, 2024. The ICST badge can be chip into any accordant platform, acceptation the badge can be traded and acclimated beyond assorted absolute and new agreeable administration platforms. The aggregation has focussed its efforts on advancing artists for what’s to come, rather than advancement ICO participation. Demonstrating its use case above-mentioned to launch, the aggregation is active an #icstidol Instagram competition, which rewards participants with 30 tokens per acquiescence until 30 June 2024.
ICST has anchored partnerships with aptitude shows American Idol & the Voice as able-bodied as adaptable alive applications StarMaker & Uplive. They accept alike buddied up on the blockchain, partnering with basic alms platform, Gifto.
What’s more, ICST has abetment from ancestor aggregation Kunlun technology and its billionaire CEO, Yahui Zhou. Kunlun is a baton in gaming and appliance development in China. The aggregation is best accepted for its multi-million-dollar acquisitions of gaming app, Angry Birds & gay networking app, Grindr. It additionally acquired, congenital and awash Musical.ly, a agreeable administration & lip-syncing music app abundant admired by adolescence about the globe. Zhou is all too accustomed with the plight of ambitious artists and will accommodate his accomplished duke to the platform’s development as one of ICST’s advisors.
Funding, alms and appalling allegiances aren’t ICST’s alone credibility of differentiation. The belvedere creates an avant-garde acquirement archetypal for agreeable consumers, advantageous them with tokens for sharing, reviewing, advertisement absorb breaches and added assurance activities. Not to mention, an ad and spam chargeless agreeable belvedere area they can acquisition and adore the music, apprenticeship or videos they love.
Marking an unparalleled access into the market, ICST will accept a user abject of 60 actor aloft barrage in Q3 this year, with StarMaker app the aboriginal to accommodate the protocol. Learn added about ICST on the website or Medium blog. The belvedere additionally has a actual alive association on Telegram.
Join ICST Airdrop: https://www.westart.co/project/icst-airdrop
Share your aptitude and be rewarded, or vote for in the ICST idol competition: #icstidol
