Preface:

Music is an important factor in entertainment sections in our daily life. It refreshes our mind and helps us to concentrate on our daily work. So, we are so grateful to musicians. Their debt is tough to repay. But, nowadays, it is a matter of sorrow that musicians don’t get paid properly for their deeds. FLUXORIN has come forward to help them to get their actual payment and respect. By using blockchain technology, they started music streaming system which assuring musicians that their creation does not rob.

The revolution of FLUXORIN for music industry helps a lot to diminish the rate of piracy. Administrations and PROs are additionally generally unfit to recognize the beneficiaries for the eminence instalments, so the cash is put retained, and in the end, that cash is circulated amongst marks and distributors in view of their piece of the overall industry. As the publishers don't have any condition to trace the rightful acceptor of payment so they don't share the payment with the artists. FLUXORIN is an endeavour to saddle the blockchain innovation to take care of the issue of craftsman sovereignties and instalments by giving straightforwardness to the convoluted chain of rights proprietorship and utilization in the computerized circulation of music, and in addition, offering another model of the music creation process by means of the Decentralized Autonomous Labels.

Tokens and Funds Distribution:

In U.S.A. or Germany, KYC (Know Your Customer) and AML (Anti Money Laundering) both of these are being practiced. In these country, all inhabitant can implement these procedures through entrusted financier. Before implementing this systems or methods all participants must have to verify themselves properly as an inhabitant of that particular country. To verify themselves as an inhabitant of that particular country they must provide all personal information accurately which will verify them through database. To buy VBT tokens clients have to provide their first and last name, birth date and birth location, present address, citizenship, a photocopy of passport or a valid id card of client. As FLUXORIN’s policies has sustained top-level fairness so they have right not to transfer those particular people’s token whose funds haven’t been verified by the company or the approach of style isn’t positive. If all of these happens then the crypto-currencies will be allocated to the customer. In token distribution, FLUXORIN has put a tremendous significance. In sales, they have offered 53.7% in token sales which is greater than other companies. This 53.7% tokens will be distributed only for customers. We all know that all the employee and other staffs get some benefits from the company. So, this company allows 25% of tokens for team members, advisors and contributors. FLUXORIN not only think about present but also think about future. So, they will reserve some tokens for using in future. The amount of reservation token is 10.7%. For private pre-sale, they have allocated 6.6% amount of tokens. As assumed, it will be sold among some first-class clients. In every offer, there are bonuses and bounties which are provided by every company. So, FLUXORIN allocates 4% for bounties and bonus.

This is how they provide tokens to their customers. Every company needs to raise funds from several sectors. After raising funds, it has to distribute accurately to its’ several departments. Just like every company, FLUXORIN has to distribute its funds to their own sector like project management, marketing, security etc. FLUXORIN provides funds after researching. It provides more funds in that particular section where it needs most. At first, this company allots almost 51% (accurate calculation is 50.8%) of funds for project management where it covers salary for the team, new recruitment of external consultancy, development in application and expenses for administration. It’s a common sense that to a sell a product marketing is mandatory. A strategic marketing can lift up your demand. So, you have to expense a good amount of money for marketing. Every company expenses a huge amount of money in marketing sector just like FLUXORIN . This company allots 16% of funds which will cover marketing expenses superbly. To operate this system, operation management needs 11% (accurate calculation is 10.6%) of funds. After that, it has to keep eyes on product’s legitimacy. So that, none can claim about it. So, some amount of money is needed to fix these things. 15% (accurate calculation is 15.4%) of funds is needed to cover legal expense. Security is mandatory for anything. Without proper security, any company can’t develop properly because without security they can’t achieve customer’s trust and loyalty. To attain customer’s trust and loyalty each and every company has to improve security system on products. For example, FLUXORIN is artist supporting organization. If any of artist’s work is being pirated from their website, they will lose almost 90 percent artist’s trust and they won’t co-operate with them. So, this company must have to increase its’ security level and expenses a great amount of money for security. So, FLUXORIN uses funds to improve security. 7% (accurate calculation is 7.2%) of funds is needed for security expenses. This is how FLUXORIN provides their funds in particular section.

Epilogue:

In an earlier section, we have discussed how FLUXORIN expenses and distributes. There is so much transparent that anyone can understand after reading this article. In token distribution, they provide tokens based on priority. They don’t break the rules in distribution. Everyone is welcomed to practice this tokens incident. But, customers have to sustain some basic rules. At first, they have to provide their personal information then they have to display their verified ID card or passport. This company has the power to diminish clients if they do some inappropriate jobs. Not only verifying clients detail but also this company distributes the raising funds perfectly. They allot maximum funds in management where it needs badly and most. After that, they allot fund in marketing which is also necessary. Sequentially, they also allot the funds in operational expenses, legal expenses and security expenses. This is how this company functions regularly and helps the musician in the financial sector.

For More Info :

• ICO Name: FLUXORIN
• Website: https://www.fluxorin.io/
• ANN Thread: https://bitcointalk.org/index.php?topic=4361686.0
• Whitepaper : https://www.fluxorin.io/wp-content/uploads/2018/05/FLUXORIN.pdf
• Facebook : https://web.facebook.com/fluxorin.io/
• Twitter : https://twitter.com/fluxorin_io
• Telegram : https://t.me/FluxorinICO

Author Profile :

• Bitcointalk ID: btc4future
• BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1771077
• ETH: 0xD8d4Ef13eAb0C88b2B7f37aa26E64247195A2Ee9