Re: [ANN][TAO/XTO] Tao & AltMarket - Real Solutions for the Music Industry!
I note that there is, as of yet, no explanation of why the "Icons" would ever want to issue an Icon Token, given that AM takes half of their sale money (much more than e.g. well-established platforms such as Kickstarter, GoFundMe or Patreon), and the idea is that, somehow, they will have obligations to anyone who has ever even held a certain amount of their respective Icon Token.
Edit: Oh, and the placeholders and typos in AM remain.
Edit: Oh, and the placeholders and typos in AM remain.
"Why would the artists sell merchandise when the company producing the merchandise would take a share of the profits?" You realize this is what you are asking, right? No, of course you don't. Nothing that I'm aware of prevents them from also using the other platforms you mentioned, so why are you acting like this is some either/or situation?
You also surely realize that a lot of the money raised for each IAO is used to promote the artist's coins, not just pocketed, right? What am I saying, of course you don't understand. You've demonstrated this over and over.
There are perks offered to holders of icon tokens as something akin to a club membership. How is this so hard for you to grasp? The fans get digital merchandise with membership perks - what you are oddly referring to as "obligations," even though nobody said all of the perks, or even any of them, obligate the artists to anything. The artist would decide what they wish to offer, IF ANYTHING.
What placeholders and typos are you even talking about? The "coming soon" images on the Icon Tokens page? That's the only thing I can find. They haven't announced the next IAO, so why would it have anything but a placeholder??
Oh and there's a typo somewhere. Definitely means the entire thing is destined to fail.
How does this in any way invalidate the business model, the major media advertising model, or the economics posted upthread?
At least there is one thing you can grasp:
