BeatzCoin BTZC Price

What is BeatzCoin (BTZC)?

BeatzCoin (BTZC) is a cryptocurrency designed specifically for the music industry, facilitating direct transactions between artists and their audiences. Launched in 2017, BTZC aims to empower musicians by providing a platform that eliminates intermediaries, allowing for fairer revenue sharing. The currency leverages blockchain technology to ensure transparency and security, enabling artists to receive payments directly from fans without high fees associated with traditional payment systems.

Who are the Founders of BeatzCoin?

BeatzCoin was founded by a group of passionate individuals from the music and tech industries. The key figures include Jashan Chahal, who has a background in music production and digital marketing, and Rohit Tiwari, a blockchain developer with experience in creating decentralized applications. Their combined expertise aims to bridge the gap between artists and their supporters, creating a sustainable ecosystem for music distribution.

How does BeatzCoin Work?

BeatzCoin operates on its own blockchain platform, utilizing smart contracts to automate transactions and ensure trust among users. The underlying technology allows for secure and fast transactions, which can be executed with minimal fees. Artists can create their profiles and list their music, while fans can purchase songs or concert tickets directly using BTZC. The platform also includes features such as tipping and crowdfunding, enabling fans to support their favorite artists directly. Additionally, BTZC can be traded on various exchanges, increasing its accessibility and liquidity.

Top Use Cases of BeatzCoin

• Direct Artist Payments: Fans can pay artists directly for their music, ensuring that a larger portion of the revenue goes to the creators.
• Crowdfunding: Artists can raise funds for their projects by offering exclusive content or rewards to backers who contribute through BTZC.
• Merchandising: Musicians can sell merchandise directly to fans using BTZC, simplifying the purchase process.
• Event Ticketing: The platform enables fans to buy tickets for concerts and events directly, reducing the costs associated with third-party ticketing platforms.
• Royalties Distribution: Smart contracts can facilitate automatic royalty payments, ensuring artists are compensated fairly and promptly based on their music's consumption.

How to Keep your BeatzCoin Safe?

To ensure the safety of your BeatzCoin (BTZC), consider the following practices:

• Use a Secure Wallet: Store your BTZC in a reputable cryptocurrency wallet that offers strong security features, such as hardware wallets or encrypted software wallets.
• Enable Two-Factor Authentication: Use two-factor authentication (2FA) on exchanges and wallets to add an extra layer of security to your accounts.
• Regular Backups: Regularly back up your wallet's private keys or seed phrases in a secure location to prevent loss in case of hardware failure.
• Keep Software Updated: Always use the latest version of your wallet or any software related to BTZC to protect against vulnerabilities.
• Be Wary of Phishing Scams: Avoid clicking on suspicious links or providing personal information on unverified websites to protect yourself from scams.