Steem - recent/ / 2017-07-25 02:47:07.148384 2017-07-25 02:47:07.148384 Powered by streemian.com Important Announcement - Thirsty Entertainment's crowd sale will be postponed until further notice <div class="pull-right">https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> Due to the untimely resignation of our front end developer, we will be postponing our crowd sale and reimbursing all those who have contributed thus far. It was Thirsty's intention to release a music application to registered users this month for alpha testing. Unfortunately, we will not be doing so as there's much still needing to be done. For this reason, we will be postponing our crowd sale, which is to be announced again at a later date. These events bring change to our company's schedule for 2017, however our services and framework remain the same. Fortunately, this also means that our company and its directors can reevaluate opportunities moving forward to better deliver our crowd sale when the time comes. In regards to funding, we would like to inform you all that our company and its directors are financing this project. Despite being postponed, the purpose of our crowd sale is to raise funds to further finance operational costs, boosting our development process. It should be noted, the true purpose of our crowd sale is to share ownership of our company with the public, as any publicly limited company. We currently hold 15,000 company assets for seed investors. Our next move forward will be to look for outside investors interested in joining our company. Moving forward, we will be hiring a graphic designer later this month to better brand our company. And, our directors continue to chip away at our music application - Streams - which is well underway. Thanks to the efforts of our past front end developer before his departure, it is close to being ready for presentation. It should be known that our application looks the same as the concept designs posted in our announcement post [here](https://steemit.com/streams/@thirsty/introducing-streams-a-music-streaming-platform-for-the-steem-blockchain) We would like to thank you all for your patience as we develop our services, and would like to apologise to those who have been inconvenienced by the events outlined above. Thank you, <div class="pull-right">https://steemitimages.com/0x0/http://dirtyimg.com/image/senseiteekaysmallheadlogo.jpg</div> <br> **Thomas Te Aroha Kohi** Founder/CEO Thirsty Entertainment @senseiteekay ___ ### Looking for a job? We are currently looking for enthusiastic & passionate developers to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ # <center>[Official Thirsty Website](https://thirsty.online)</center> ___ ### <center>Thirsty merchandise now available in our online store!</center> <center>https://thirsty.online/wp-content/uploads/2017/02/shirtpreview3-300x300.jpg</center> <center>https://thirsty.online/shop/</center> ___ ### Follow our Social Media feeds for future updates Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-03-06T20:30:06 http://steemit.com/thirsty/@thirsty/important-announcement-thirsty-entertainment-s-crowd-sale-will-be-postponed-until-further-notice /thirsty/@thirsty/important-announcement-thirsty-entertainment-s-crowd-sale-will-be-postponed-until-further-notice Our Services - Streams & Thirsty Records <div class="pull-right">https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> It's time we cleared up some common misconceptions around the services that Thirsty Entertainment is offering to the public. It's come to our attention that our services are being confused with one and other. So lets take a moment to clear things up and give you a run down on each of our services and how they function day-to-day. # Streams - The Independent Music Network <center>https://steemitimages.com/0x0/https://streams.global/wp-content/uploads/2017/01/streamslogo2-1-e1485807675297.png</center> Streams is a **Steem** front end application dedicated to musicians & music lovers. It uses the Steem blockchain in the same way that Steemit does to reward users for their contributions. The only difference between Streams and Steemit is that Streams is entirely for music files. **Streams allows users to:** - upload any kind of audio - set licenses for each piece of audio - sell audio - share audio - download audio - network with musicians - follow your favourite artists - earn vote rewards (same as Steemit) Streams uses a private server to host files, which are signed and pointed to the Steem blockchain. This allows us to keep files on the blockchain without commonly found storage issues, and allows us to manage copyright issues should they arise. We plan to integrate HQ audio file storage directly on to the blockchain at some point in the future. **We are scheduled to release our alpha for public testing on March 15th.** # Thirsty Records - Digital Currency Music Label <center>https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/ThirstyRecordsLogo1.png</center> Thirsty Records is the world's first record label to adopt digital currency as a form of everyday payment. Clients can pay us in either traditional currencies or in digital currencies, such as Bitcoin or Steem. **Thirsty Records uses brand new blockchain music applications**, as they become available, to distribute music. These new applications have little or no fees, instant transactions, and better accessibility, **allowing Thirsty Records to give all music revenues back to the artist**. Thirsty Records uses traditional service bookings, state of the art studio equipment, professional sound engineers & musicians, to deliver high quality services to aspiring artists that wish to create their next masterpiece. Studio bookings are open from 9 am to 7 pm, 6 days of the week. Besides our included online distribution service, **artists may also choose one of our physical distribution packages**, which includes branding, artwork, CD/Vinyl pressing, and retail store distribution. Packages vary. Currently, Thirsty Records has one studio set up in Townsville, Australia, which at the moment is only temporary. **Our goal is to set up our first professional studio in Brisbane, Australia on April 1st**, before expanding to Canada later this year. **Thirsty Records plans to start signing artists with genuine contracts starting June 2017**. Artists who're interested in Thirsty Record's services can send their tapes to thirstyrecords@thirsty.online in the meantime. # Summary We hope this overview creates some transparency for those who're not clear on what we offer. All of this information can be found on our website and in our whitepaper. If you want to know even more about the intricate details of our company, become an investor to receive our comprehensive 5 point business plan at the end of this month, which includes our: Legal and administrative Requirements; Market Research; Marketing Plan; Operations Plan; Risk Management. Thank you for taking the time to read this important breakdown and for your continued support in our business. ___ # We're having a crowd sale! March 1st - March 31st <div class="pull-left">http://www.steemimg.com/images/2017/02/27/THIRSTYDigitalAsset674d9.png</div> Participate today and earn a share in 25,000 Thirsty Digital Assets. Thirsty Digital Asset allows holders to vote on company proposals, receive annual dividends, and receive private insider information. Register today: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ ___ ### Looking for a job? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ # <center>[Official Thirsty Website](https://thirsty.online)</center> ___ ### <center>Thirsty merchandise now available in our online store!</center> <center>https://thirsty.online/wp-content/uploads/2017/02/shirtpreview3-300x300.jpg</center> <center>https://thirsty.online/shop/</center> ___ ### Follow our Social Media feeds for future updates Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-03-02T08:09:39 http://steemit.com/thirsty/@thirsty/our-services-streams-and-thirsty-records /thirsty/@thirsty/our-services-streams-and-thirsty-records Thirsty Entertainment Crowd Sale Begins Today @12 pm UTC - Here's everything you need to know! <div class="pull-right">https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> Our much anticipated crowd sale event for our #THIRSTY Digital Asset, a corporately managed Bitshares UIA, begins today. Our aim is to raise $300,000 in capital to further fund our projects moving forward. Regardless of if we hit our goal, we will be releasing our flagship music application in coming weeks. # Overview Thirsty Entertainment is issuing THIRSTY digital assets on October 1st. Early investors have the opportunity to receive a share in 25,000 THIRSTY digital assets during a THIRSTY crowd sale (March 1st – March 31st). THIRSTY digital assets allow share holders to vote on director proposals and receive dividends each financial year. Investors also receive a copy of our private business proforma. Early investors will receive three stock splits before assets are issued on October 1st. This means that 200,000 THIRSTY assets will be available to those who invested during the THIRSTY digital asset crowd sale. The percentage of shares issued to an early investor is dependent on the overall amount they contributed during the crowd sale campaign. Those who participate in the crowd sale will be able to see the amount they have contributed and the overall amount contributed to date. Once the crowd sale is complete (April 1st), investors can view the amount of assets they will receive on October 1st from this website. In order to register your account you must have an OpenLedger account. You will not be able to register for the crowd sale without an OpenLedger account. This is due to the fact that THIRSTY assets will be distributed into your registered OpenLedger accounts. <center>https://thirsty.online/wp-content/uploads/2017/02/business-model-screenshot.png</center> <center><sub>Our company business model</sub></center> <center>https://youtu.be/fYyukmvyudI</center> <center><sub>Interview with our founder & CEO, Thomas Kohi</sub></center> # THIRSTY Asset Schedule (2017 – 2018) **Initial Shares Issued:** 100,000 (THIRSTY) User Issued Assets created on the Bitshares network 30% employees (30,000) 30% founder (30,000) 25% co-founder (25,000) 15% seed investors (15,000) +20% Crowd Sale (25,000) **Employee Share Incentive:** 2000 (THIRSTY) UIA is to be split among employees each week, excluding the founder and co-founder. This share incentive is to set to expire following THIRSTY Crowd Sale (March 30th), at which point all staff will be paid a regular wage. **Crowd Sale Issuance:** An additional 25% (25,000 THIRSTY) UIA are to be created and issued to investors during crowd sale (1st March – 31st March). Amount issued to each investor is decided upon the percentage they contribute during the funding round (% of 25,000 THIRSTY = % of total capital contribution). <center>https://thirsty.online/wp-content/uploads/2017/02/Share-Dilution-Infographic.jpg</center> **Stock Splits:** There are to be three stock splits before THIRSTY digital assets are issued to share holders. Each split is to occur once every two months starting one month after the initial crowd sale issuance before public issuance on October 1st. – April 30th: 125,000x 2 = 250,000 – July 30th: 250,000 x 2 = 500,000 – September 30th: 500,000 x 2 = 1,000,000 **Initial Public Offering:** All 1,000,000 assets are scheduled to become available on public exchanges on October 1st 2017. All THIRSTY asset holders will be issued their due amounts on October 1st and will be free to trade their assets freely. **Future Asset Issuance:** Future asset issuance is to be decided by a Board of Directors to be appointed by majority shareholders, whom will be appointed before the announcement of our first annual earnings report (June 2018). **Market Liquidity:** To ensure liquidity on our October 1st issuance, Thirsty Entertainment will be funding THIRSTY with $10,000 AUD. [Legal Information](https://thirsty.online/terms-and-conditions/#asset-terms) # Capital Allocation The funding raised during this crowd sale is to be delegated toward our company sectors. Each sector has been delegated a percentage appropriate to its immediate priority*. <center>https://thirsty.online/wp-content/uploads/2017/02/Capital-allocation-infographic.jpg</center> **Streams Application** <div class="pull-left">https://streams.global/wp-content/uploads/2017/01/streamslogo2-1-e1485807675297.png</div> 30% of our capital is to be dedicated to our music streaming platform, built on the Steem blockchain, as this is our most innovative project in 2017. The development of this platform is crucial to the growth of our business as it provides a distribution network for our music label and others, and also profitable revenue streams for our business. **Thirsty Records** <div class="pull-left">https://thirsty.online/wp-content/uploads/2017/02/ThirstyRecordsLogo1.png</div> 25% of our capital is to be dedicated to our music label. Thirsty Records harnesses Blockchain applications to distribute musicians, generating revenue through the production services. Thirsty Records' Studios are based in each of our global headquarters, the first of which is based in Townsville, Australia. Each studio contains state-of-the-art production equipment and software. **Research & Development** 15% of our capital is to be dedicated to research & development of new technologies. With the launch of our first streaming service, our next goal is to create multiple networking platforms for different types of media distribution, such as video, text, and games. Our research & development team will be responsible for growth into other market sectors. **Labour** 12% of our capital is to be dedicated to our staffing and wages. Until our revenue streams are producing sustainable income, we will be paying our staff wages with 12% of the capital raised during our crowd sale. This also includes the salary of employees yet to join our team, and any excess funds not spent go back into our capital fund to be spread across our other sectors. Our staff are very important to our company’s success. **Legal & Licensing** 5% of our capital is to be dedicated to the ongoing upkeep of our legal responsibilities as a registered company. This allows us to pay for legal consultancy and for us to pay for licenses. **Real Estate** 5% of our capital raised will be dedicated to global expansion. The funds allocated to real estate allows us to base ourselves in different cities. **Marketing** 5% of our capital is to be allocated to marketing. Marketing is a very important part of business, and as such, a marketing team will continue to advertise us through different outlets. Funds will be used to further market the Thirsty brand. **Merchandising** 2% of our capital is to be allocated to merchandising. Merchandising is a small part of our business model and helps market our brand. As such, a small amount of capital will be dedicated to merchandising. *<sub>Capital contributions are subject to change as our projects develop</sub> <center>https://thirsty.online/wp-content/uploads/2017/02/business-road-map-screenshot.png</center> # How to Participate <div class="pull-left">http://www.steemimg.com/images/2017/02/27/THIRSTYDigitalAsset674d9.png</div> Register for our crowd sale: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ Earn 5 STEEM by supporting our Thunderclap campaign: https://www.thunderclap.it/projects/53155-thirsty-crowd-sale ___ ### Looking for a job? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ # <center>[Official Thirsty Website](https://thirsty.online)</center> ___ ### <center>Thirsty merchandise now available in our online store!</center> <center>https://thirsty.online/wp-content/uploads/2017/02/shirtpreview3-300x300.jpg</center> <center>https://thirsty.online/shop/</center> ___ ### Follow our Social Media feeds for future updates Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-03-01T08:53:30 http://steemit.com/crowdsale/@thirsty/thirsty-entertainment-crowd-sale-begins-today-12-pm-utc-here-s-everything-you-need-to-know /crowdsale/@thirsty/thirsty-entertainment-crowd-sale-begins-today-12-pm-utc-here-s-everything-you-need-to-know Video Interview with Thirsty Entertainment Founder & CEO, Thomas Kohi <div class="pull-right">https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> Tomorrow marks the first day of our #THIRSTY Digital Asset crowd sale. Today, our founder & CEO (whom you may know by his moniker @senseiteekay) has taken a moment to answer frequently asked questions relating to our company & what we do. If you have any further questions, please place them in the comment section below. <center>https://youtu.be/fYyukmvyudI</center> ___ ### We're having a crowd sale! Get #THIRSTY Assets March 1st - March 31st! <div class="pull-left">http://www.steemimg.com/images/2017/02/27/THIRSTYDigitalAsset674d9.png</div> Register for our crowd sale: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ Earn 5 STEEM by supporting our Thunderclap campaign: https://www.thunderclap.it/projects/53155-thirsty-crowd-sale ___ ### Looking for a job? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ # <center>[Official Thirsty Website](https://thirsty.online)</center> ___ ### Follow our Social Media feeds for future updates Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-02-28T12:47:03 http://steemit.com/business/@thirsty/video-interview-with-thirsty-entertainment-founder-and-ceo-thomas-kohi /business/@thirsty/video-interview-with-thirsty-entertainment-founder-and-ceo-thomas-kohi STEEM Thunderclap Bounty - Earn 5 STEEM today! <div class="pull-right">http://www.steemimg.com/images/2017/02/27/5steemPROMO7c360.jpg</div> There's only two days left until the start of our #THIRSTY [crowd sale](https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/). To promote our crowd sale we have created a Thunderclap campaign for anyone to join. Currently, 19 people support our Thunderclap campaign with over 60K reach. We need your help to hit our Thunderclap goal and so we're giving away Steem to everyone that joins # Bounty Rules <div class="pull-right">https://i.imgflip.com/1kevk8.jpg</div> From now until March 1st 12:00 UTC, @thirsty is giving away **5 Steem** to every person that joins our Thunderclap. Rewards will be sent to supporters on March 5th. Please place your name in the comment section below (or message @senseiteekay privately on steemit.chat) to prove you supported our crowd sale campaign. That's it. No gimmicks, no further requirements. Join our Thunderclap and earn 5 Steem, easy. If you've already joined our Thunderclap, please place your name in the comment section below and you too will receive 5 Steem. # <center>[Join now!](https://www.thunderclap.it/projects/53155-thirsty-crowd-sale)</center> <center>https://www.thunderclap.it/projects/53155-thirsty-crowd-sale</center> <br> ___ ### We're having a crowd sale! Get #THIRSTY Assets March 1st - March 31st! <div class="pull-left">http://www.steemimg.com/images/2017/02/27/THIRSTYDigitalAsset674d9.png</div> Register for our crowd sale: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ Support our crowd sale Thunderclap campaign: https://www.thunderclap.it/projects/53155-thirsty-crowd-sale ___ ### Looking for a job? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ # <center>[Official Thirsty Website](https://thirsty.online)</center> ___ ### Follow our Social Media feeds for future updates Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-02-27T08:44:18 http://steemit.com/steemit/@thirsty/steem-thunderclap-bounty-earn-5-steem-today /steemit/@thirsty/steem-thunderclap-bounty-earn-5-steem-today Digital Currency Myths - Are Digital Currencies a safe place to put your money? <div class="pull-right">https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> Digital currencies are becoming more frequently used as their markets continues to grow, but are they a safe place for investors? There are a lot of myths surrounding digital currency which can stave off investors, and so we think we should help squash some of the rumours found in digital currency markets. ___ # Myth #1 ***"Digital Currencies have less safeguards"*** Digital currencies such as Bitcoin, are used for everyday transactions, without the need of a Third Party. It doesn't need a Third Party because it is one. Using digital ledgers known as a Blockchain, every transaction made on Bitcoin's Blockchain is tracked and stored on the cloud. The entire network is stored between computers as a constant relay of information to create a decentralised banking mechanism. So long as a Blockchain's code is incorruptible, Digital Currency orders are much more secure & efficient than traditional money orders. # Myth #2 ***"Digital Currencies are only for criminals"*** It is true that Digital Currencies can be used to commit crimes, more efficiently than traditional money, however each transaction leaves bread crumbs. The Blockchain stores any information, meaning that any and all criminal transactions are tracked and stored. While there may be ways for a malevolent person to avoid their transactions being tracked, it's important to remember that traditional money has the same issue. Digital currencies can not be printed freely, unlike traditional currencies, and are much harder for someone to steal. <center>https://www.youtube.com/watch?v=49fKWT8L3H4</center> <center><sub>Bill Gates on Digital Currencies</sub></center> # Myth #3 ***"Digital Currencies are not real currency"*** Digital Currencies are fungible on exchanges, meaning you can trade them at any time. This gives value to each Digital Currency when it increases its market size & capital. As we see with Bitcoin, Digital Currency is clearly worth something to currency traders. With a market cap of over $18 billion and over 4 years of trade, Bitcoin leads the way in proving just how real Digital Currencies are. # Myth #4 ***"Digital Currencies are easily stolen"*** Digital Currencies are stored on generated wallets. Every wallet is unique and its' transactions are tracked. Just like traditional money, someone could steal your wallet, that's why users are given different encryption methods to store the *keys* to their *wallets*. Each person is responsible for keeping their wallet safe. Digital Currencies have been hacked. It's true, however, Bitcoin has not. Th security of each Blockchain is dependent on its framework. Those who read up on Bitcoin's framework back in 2013, made big financial gains in the investment game. <center>https://youtu.be/Pl8OlkkwRpc</center> <center><sub>TED talk on Blockchain technology</sub></center> # Myth #5 ***"Digital Currencies are bad for global economies"*** Despite what some may lead you to believe, Digital Currencies are good for global economies. With safer and faster transactions, lower entry levels, decentralised governance, little or no-fees, and all stored on the cloud, Digital Currencies increase e-commerce opportunities. Global economies benefit from growth, which is what we're seeing with Bitcoin. As new digital technologies & markets evolve and increase value & demand, Digital Currency growth is unbound. ___ <div class="pull-right">https://thirsty.online/wp-content/uploads/2017/02/THIRSTYSymbol.jpg</div> ### We're having a crowd sale! Get your #THIRSTY tokens on March 1st -March 31st! Register for our crowd sale: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ Support our Thunderclap campaign: https://www.thunderclap.it/projects/53155-thirsty-crowd-sale ___ ### Looking for a job? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-02-23T08:30:42 http://steemit.com/currency/@thirsty/digital-currency-myths-are-digital-currencies-a-safe-place-to-put-your-money /currency/@thirsty/digital-currency-myths-are-digital-currencies-a-safe-place-to-put-your-money E195 2017-02-17 BeyondBitcoin - Peerplays, VIRGROW's BTS Marketmaking, Thirsty Entertainment! <center>https://s31.postimg.org/v5158kz23/BBEarth_Moon_Sun.jpg</center> ---- # <center>**Covered this Hangout**</center> ---- <center>https://c6.staticflickr.com/9/8011/28814413213_4120559d38_m.jpg</center> ### <center>**@peerplays**</center> **Check out the [Peerplays Homepage](http://www.peerplays.com/news) for more info on #Peerplays** including how to join the testnet! **Upvote and support their efforts by supporting quality updates and news articles on the [Peerplays account](https://steemit.com/@peerplays).** ---- <center>https://img1.steemit.com/128x256/https://www.compumatrix.co/images/virgrow.png</center> ### <center>**@virtualgrowth**</center> **Check out and upvote to support the [VIRGROW initiative](https://steemit.com/created/virgrow) where you can find updates n the BTS UIA and @virualgrowth marketakng updates!** ---- <center>https://s7.postimg.org/h6t0cl4i3/Thirsty.png</center> ### <center>**@senseiteekay**</center> **Check the [Thirsty Homepage](https://thirsty.online/) to learn more and participate the Thirsty Crowd Funder!** **Follow and upvote @senseiteekay to receive project updates and support his *Steempowering* project** ---- ## <center>**Have your own Project?**</center> ### <center>**[RSVP Here for Next Week's Hangout!](https://steemit.com/beyondbitcoin/@officialfuzzy/guest-signups-beyond-bitcoin-hangout-191-1-20-17-rsvp-to-guest-speak-about-your-blockchain-project-last-week-s-payouts-signups)**</center> ---- <center>*Listen to This Week's Hangout Here!*</center> <center><iframe width="100%" height="450" scrolling="no" frameborder="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/308618120&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;visual=true"></iframe></center> ### *All BeyondBitcoin content is powered by Steemit.com so please join the new social media movement that enables Creative Commons content creators and Open Source developers to earn funding for participating in the community's growth and sustenance. Post to Steemit.com to earn and pay others with a simple upvote!* 2017-02-20T07:22:21 http://steemit.com/beyondbitcoin/@officialfuzzy/e195-2017-02-17-beyondbitcoin-peerplays-virgrow-s-bts-marketmaking-thirsty-entertainment /beyondbitcoin/@officialfuzzy/e195-2017-02-17-beyondbitcoin-peerplays-virgrow-s-bts-marketmaking-thirsty-entertainment #THIRSTY Digital Asset details changed - Stakeholder Proposal Voting & Market Liquidity <div class="pull-right">https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> We have updated the structure of our User Issued Asset to include further details on stakeholder votes and market liquidity. Only 9 days remain until the launch of our THIRSTY Digital Asset crowd sale. The THIRSTY Digital Asset gives shareholders a stake in our company just like regular shares. Investors holding our User Issued Asset are granted the right to vote on directorial proposals and earn dividends, or profit share, for holding our THIRSTY Digital Asset long term. You can view details about THIRSTY here: https://thirsty.online/product/crowd-funding-campaign-for-thirsty-entertainment/ # Changes ### Shareholder Proposal Voting Added to our THIRSTY Terms of Use is the addition of stakeholder proposal voting. THIRSTY Digital Asset holders will be able to use their percentage of stake in our company to vote on proposals put forward by our Directors. >Proposal Voting >All persons holding the THIRSTY Digital Asset, THIRSTY Stake Holders, may use their percentage of stake to vote on proposals put forward by the Board of Directors within the allotted voting time. The ability to vote on Director proposals will become available once Assets have been issued to the stake holders Bitshares account. Stake holders who do not vote during a proposal’s allotted time will have forfeit their vote on that proposal and a proposals acceptance will be decided by the majority percentage of those who voted in the allotted time. > >Thirsty Entertainment will inform each stake holder prior to each proposal being announced, giving each stake holder the opportunity to use their voting stake in the company. Thirsty Entertainment is not responsible for individual stake holders using their voting stake ><sub>1. Proposal Voting - https://thirsty.online/terms-and-conditions/#asset-terms ### Market Liquidity Also added to our THIRSTY Terms of Use is the addition of our responsibility to fund the THIRSTY Market prior to our public issuance. We have valued our shares at $0.01 AUD and as such will be adding $10,000 (1,000,000 THIRSTY) to the THIRSTY Market before October 1st. This may be subject to change should we receive more capital. >Market Liquidity >Market Liquidity will be funded by Thirsty Entertainment before October 1st when all THIRSTY Digital Assets are issued to investors and become available on third-party exchanges and websites. Thirsty Entertainment is to fund the THIRSTY Digital Asset with $0.01 AUD for each Asset created. The maximum supply of THIRSTY Digital Assets will be 1,000,000 and as such $10,000 AUD will be used to fund the THIRSTY Digital Asset market before Assets are issued on October 1st. Thirsty Entertainment’s Board of Directors may propose whether or not to further add liquidity to the THIRSTY Digital Asset at which point stake holders will be given an opportunity to vote on said proposal. # Crowd sale progress <div class="pull-left">https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/Tokesymbol.png</div> - In preparation for our crowd sale we had our CEO speak on Beyond Bitcoin Hangouts with @officialfuzzy, where the tough questions were asked. - We've reached 15 out of 100 supporters for our Thunderclap campaign, set to fire on March 1st with 59,000 reach. - We're now posting our social media content later in the day, 7 pm AEDT, to reach larger audiences. - Our website is now running smoothly and contains all the details about our business. - Work on our [Streams](https://streams.global) framework has begun and is well underway. (more details to be released soon) Help our crowd sale by [supporting our thunderclap campaign](https://www.thunderclap.it/projects/53155-thirsty-crowd-sale?locale=en). **Register at https://thirsty.online to be able to participate on March 1st.** ___ ### Interested in joining the team? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g 2017-02-20T07:47:15 http://steemit.com/thirsty/@thirsty/thirsty-digital-asset-details-changed-stakeholder-proposal-voting-and-market-liquidity /thirsty/@thirsty/thirsty-digital-asset-details-changed-stakeholder-proposal-voting-and-market-liquidity Calling all Steemians! Please help promote our Crowd Sale through Thunderclap <div class="pull-right">https://thirsty.online/wp-content/uploads/2017/02/Tokesymbol.png</div> There's 14 days left before we begin our THIRSTY Digital Asset Crowd Sale. To help promote our Crowd Sale we need your support. ### Why? Thirsty Entertainment aims to drive the value of digital currency economies further than they've ever gone before. To do this we need to be able to deliver innovative services and products for users such as you guys here on Steemit. Our Streams music platform brings added value to the Steem economy by driving demand for Steem tokens. We do this through micropayment options that allow you to purchase other users music, without fees from us. Streams also allows artist to promote themselves on the Featured Page similar to how users on Steemit promote themselves on the Promoted Tab. Our other service, Thirsty Records, allows us to produce high quality content for content creators to be distributed on our Streaming service. Our two services collaborate with each other in such a way that it cuts cost for our company and the content creator and allows us to better promote the Thirsty brand over all. We believe that our business model is worth getting behind as it's not only the first digital media corporation for blockchain technologies but it's also one of the only blockchain-based companies that provides legally binding contracts, making us superior to our competition. <center>https://thirsty.online/wp-content/uploads/2017/02/business-model-screenshot.png</center> ### How? Help support our goals by following our thunderclap campaign. Thunderclap allows us to spread our crowd sale message wider and further than before. With your help we will be able to reach every person who may be interested in helping us thrive. Here is the link to our thunderclap campaign: https://www.thunderclap.it/projects/53155-thirsty-crowd-sale?locale=en <center>http://www.steemimg.com/images/2017/02/15/thunderclapscreenshotbd55b.png</center> We urge you to join our campaign, especially those who wish to see the price of Steem rise to great heights. Our platform creates real value and revenue streams that are currently needed in the Steem economy. If you'd like to support us even further, you can follow our social media accounts linked below. ### Summary We truly believe that the value we bring will be felt by all those in the Steemit and blockchain communities, and that our services will help to boost the adoption of digital currencies by stepping out of the legal grey area most blockchain companies find themselves in. Thank you to all of you who have provided on-going support through our development! ___ ### Interested in joining the team? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. Thirsty Records and Streams are subsidiaries owned by Thirsty Entertainment. All rights reserved. ABN: 37440459113</sub> 2017-02-16T01:58:09 http://steemit.com/thirsty/@thirsty/calling-all-steemians-please-help-promote-our-crowd-sale-through-thunderclap /thirsty/@thirsty/calling-all-steemians-please-help-promote-our-crowd-sale-through-thunderclap Global Media Market Report - Shifting from Analog to Digital and how Digital Currency Matters <div class="pull-right">https://thirsty.online/wp-content/uploads/2017/02/Untitled-1.jpg</div> The current Global media market is worth over $1.915 trillion. Today we'll be exploring why that is and how its market will fuel e exponential growth in cryptocurrency economies. # Introduction The Internet is the world's largest audience, with 50% of humanity's population now tethered to the internet daily through their personal devices. As the Internet grows, so too do the opportunities for businesses. It should be apparent to any consumer by now, that the most successful businesses of the 21st century are those who have adopted these online communities, and those who have not eventually join the trend. The world of media is also changing rapidly, shifting from traditional media outlets like Television, and turning to on-demand outlets like Netflix. ### Shifting to Digital The shift from tradition to digital media products and services is happening at a tremendous rate. Digital spending is forecast to account surpass traditional spending by 2020, meaning the digital media market alone will reach over $950 million. This rapid shift is being fuelled by an ever growing number of connected consumers, an increase in mobile devices, and faster broadband adoption. As digital media continues expanding and traditional media spending fades out, the structural effect it has on traditional media businesses and its sub-sectors becomes evident. A need arises for these businesses to redefine their business models to include digital media as a part of their value proposition. Faster broadband growth in developing regions increases digital media expansion and slows spending on traditional services such as cable Television. Intermediary services such as social networking platforms overshadow traditional media markets, as videos, images, and publishing becomes more frequently shared with users from outside sources. And, with the invent of monetized social networking platforms, the shift of digital spending becomes even more apparent. Businesses and advertisers are also shifting their marketing strategy towards building online presence, no longer spending what they used to on traditional advertising, and are choosing to adopt digital media advertising strategies instead. ### Emerging Markets Developing markets also play an increasingly important role within the global media market and its shift to digital. Anticipated economic growth in countries such as China, a country with the world's largest media spend, fuels media spending and is the reason why the Asia-Pacific region is to become the largest source of growth for the global industry over the next five years. Developing financial technologies, such as Bitcoin, also fuels the shift from traditional spending to digital spending. More digital retailers are choosing to adopt digital currencies as a legitimate type of commerce. As this digital currency market continues to grow, so too does the shift to digital media spending. # Global Industry Overview Global spending is expected to rise by 5.3% CAGR (Compound Annual Growth Rate) over the next five years. The digital media market alone has a growth rate of 51% over the next five years. <center>http://d1ri6y1vinkzt0.cloudfront.net/media/images/Original/fb3aa510-0846-4d70-821f-08d6a2fdce03.png?v=1616385744</center> - **Digital Advertising** Digital advertising is projected to grow by 15.5% CAGR over the next five years, exceeding its previous growth rate of 11.5%. This is largely due to businesses advertising themselves more frequently through social media campaigns and other website advertising. - **Music** Digital music spending is projected to grow at an astonishing 51% CAGR over the next five years with the increase of streaming services and subscriptions. The music industry was the first to feel the effects of the internet as global spending continued to decrease from 2005 - 2012. The music industry spending trend has now reversed again with the increase on online services and is set to return to its once dominate position in the global media market. - **Film & Television** Digital cinema spending is projected to grow by 5.4% CAGR, while television spending is projected to grow by only 2.4% CAGR over the next five years. The global film & television sector is in a state of flux, as some markets continue to expand their cinema sales, while others are increase their digital content. The increase of video-on-demand services, reduces the need for consumers to use traditional cinema. The increase of streaming services and applications, reduces the need for traditional television units. - **Publishing** Digital publishing spending is projected to grow by 4.54% CAGR of the next five years. The increase of e-commerce and electronic publishing has reshaped the publishing market, changing the way publishers market their products. Services like Amazon have created a new common for consumers in the publishing market. - **Video Games** Digital video game spending is project to grow by 5% CAGR over the next five years. Video game spending continues to grow due to the fact it has so many segments. On-demand video game distribution services, such as Steam, make it easier than ever for consumers to purchase and download video games at any time. As digital media becomes more common, so too does video gaming culture. # Summary The conclusion we find ourselves drawing after analysing the current state of the market, is the clear evidence of change. While some market analysts find this change to be volatile and uncertain, others see it has the formation of new market norms. Despite the lack of analysis toward digital currencies, such as Bitcoin spending and emerging economies, it's clear that as these economies continue to gain traction, they too will help drive digital media spending growth over the next decade. The digital media market is set to eclipse the traditional media market, redefining the way that media companies do business. Only the businesses who adapt to this market shift will survive the foreseeable future. <sub>References: [McKinsey Media Report 2015](https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwjLgOO685DSAhUCxLwKHQnnCNgQFgggMAE&url=http%3A%2F%2Fwww.mckinsey.com%2F~%2Fmedia%2Fmckinsey%2Findustries%2Fmedia%2520and%2520entertainment%2Four%2520insights%2Fthe%2520state%2520of%2520global%2520media%2520spending%2Fmckinsey%2520global%2520media%2520report%25202015.ashx&usg=AFQjCNEKKkTSmDsmSltpqr-wzkWZq3lptg&sig2=OILvmyMtyfESMiw4xKHS2w), [WIPO Global Media Report 2016](http://www.wipo.int/edocs/mdocs/mdocs/en/wipo_gdcm_ge_16/wipo_gdcm_ge_16_inf_2.pdf), [Wearesocial Digital Media OVerview 2016](http://wearesocial.com/blog/2017/01/digital-in-2017-global-overview), [PWC Global E&M Outlook 2016 - 2020](http://www.strategy-business.com/media/file/sbOutlook_Global_Entertainment_and_Media_Outlook_2016-2020.pdf), [PRNewswire - Digital Publishing Market to Grow](http://www.prnewswire.com/news-releases/digital-publishing-market-to-grow-at-454-cagr-to-2019-538777152.html).</sub> ___ ### Crowd Sale Thunderclap! Help us spread the word for our March 1st THIRSTY Digital Asset crowd sale by joining our [thunderclap campaign!](https://www.thunderclap.it/projects/53155-thirsty-crowd-sale?locale=en) ___ ### Interested in joining the team? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. Thirsty Records and Streams are subsidiaries owned by Thirsty Entertainment. All rights reserved. ABN: 37440459113</sub> 2017-02-15T01:21:27 http://steemit.com/thirsty/@thirsty/global-media-market-report-shifting-from-analog-to-digital-and-how-digital-currency-matters /thirsty/@thirsty/global-media-market-report-shifting-from-analog-to-digital-and-how-digital-currency-matters Announcement - Thirsty Entertainment Website is now live! <div class="pull-right"> https://thirsty.online/wp-content/uploads/2017/02/webpagescreenshot.png </div> Today marks the release of our official company [website](https://www.thirsty.online). On it you'll find everything you need to know about who we are and what we do. Our web development efforts will now be focused on the release of [Streams](https://streams.global) - A music streaming platform for the Steem blockchain. # The Thirsty Entertainment Website https://www.thirsty.online Our website contains links to all the relevant information pertaining to Thirsty Entertainment. ### Navigation Highlighted in the below is the menu bar and log in/registration buttons. The menu bar allows users to easily navigate to each piece of information related to our business, including our whitepaper, our crowd sale details, our subsidiaries, our shop (currently empty), our about section, a Frequently Asked Questions section, and a contact page. <center>https://thirsty.online/wp-content/uploads/2017/02/Websitescreenshot.png</center> Clicking the log in/register button directs users to the sign in and registration page. Please be aware that it is required for users to have a Bitshares log in when signing up to our website due to the nature of our crowd sale. <center>https://thirsty.online/wp-content/uploads/2017/02/WebsiteScreenshot2.png</center> It should also be noted that at the bottom of each page is a link to our Legal and Privacy section which contains our Terms of Use for both the Thirsty Entertainment website and the THIRSTY Digital Asset. By using our site you agree to our Terms of Use. <center>https://thirsty.online/wp-content/uploads/2017/02/Websitescreenshot3.png</center> ### New Video We have also included a new promotion video for our business which is located on the home page (included below). <center>https://youtu.be/cOM6dv6c47M</center> We hope you enjoy navigating our website, and if you have any issues please don't hesitate to contact us. ___ ### Thunderclap! Help us spread the word for our March 1st THIRSTY Digital Asset crowd sale by joining our [thunderclap campaign!](https://www.thunderclap.it/projects/53155-thirsty-crowd-sale?locale=en) ___ ### Interested in joining the team? We are currently looking for enthusiastic & passionate people to join our team. For more information, please forward your expressions of interest to contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. Thirsty Records and Streams are subsidiaries owned by Thirsty Entertainment. All rights reserved. ABN: 37440459113</sub> 2017-02-13T22:08:09 http://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-website-is-now-live /thirsty/@thirsty/announcement-thirsty-entertainment-website-is-now-live Thirsty Entertainment - Crowd sale update & an introduction to our team <div class="pull-right"> https://thirsty.online/wp-content/uploads/2017/02/projectsinfographi2-1024x576.jpg</div> Last week our CEO experienced some technical issues which halted our marketing operations. This week we're back on track and will be beefing up our crowd sale advertising over the next two weeks. We plan to release our company website this week. It includes everything you need to know about our company & its' projects. Users will be able to register their accounts on our website if they wish to participate in our [crowd sale](https://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st) come March 1st. Keep in mind that you will need an OpenLedger account to register. # Introducing the THIRSTY Token Symbol <center>https://thirsty.online/wp-content/uploads/2017/02/Tokesymbol-1024x1024.png</center> You will soon be able to find our token symbol on the OpenLedger exchange. It's a combination of T for Thirsty and E for Entertainment. To help promote our THIRSTY digital asset we will be introducing a thunderclap campaign along with the release of our website. Users will be able to follow the links, register, and get in line for our crowd sale (March 1st - March 31st) There will only be 25,000 assets up for grabs, get them while you can! # Our Team! <center>https://thirsty.online/wp-content/uploads/2017/01/ThomasPic-1.png</center> ### <center>Thomas Kohi</center> <center>**Founder & CEO**</center> Born in New Zealand, Thomas is a self-taught entrepreneur with experience in multiple market sectors. Holding certificates in music production and business, he spear-heads the Thirsty Entertainment team. Starting as a trade assistant at the age of 12 and having held a job since then, Thomas prides himself on his excellent work ethic and self-motivation. With experience in management roles, he ensures the Thirsty Entertainment team is always well informed and on the right track. Thomas has dedicated his life to the success of Thirsty Entertainment. <center>https://thirsty.online/wp-content/uploads/2017/01/KylePic-1.png</center> ### <center>Kyle Turnbull</center> <center>**Chief Technology Officer**</center> Living in Central Canada, Kyle is a self-taught computer technology specialist. Starting his career as an electrician and welder, with experience in the security sector, Kyle turned his focus toward computer sciences. A child of the Internet, he is a firm believer of autodidacticism and the art of teaching one’s self. When it comes to computer programming, Kyle is a jack of all trades, with specializations in web development & web design, experienced in over half a dozen programming languages. Overseeing day-to-day technological operations and sharing his technological expertise, Kyle ensures we’re ahead of the competition by introducing the company to the latest technology available. <center>https://thirsty.online/wp-content/uploads/2017/01/RaymonPic-1.png</center> ### <center>Raymon Johnstone</center> <center>**Chief Web Developer**</center> Raymon Johnstone, born & raised in Canada, is a computer technician and web developer. Working at a computer store as a technician for 4 years and running it for 9 months, he has an immense amount of knowledge in the computer industry. Always being interested in technology, he built his first computer at 11 years old. Raymon became involved in blockchain technology 2 years ago, when he discovered a development project called Metamaps, working in part on its development. He has also been involved in other blockchain applications, such as SIA. Raymon has had experience in numerous scripting and programming languages over the years and has a vast knowledge of different types of computer hardware, including computer hardware trouble shooting and networking administration. He prides himself on his attention to detail and embraces a high moral standard when making decisions in life. Raymon leads our web development process with his high level of programming expertise, ensuring that everything is running smoothly. <center>https://thirsty.online/wp-content/uploads/2017/01/TroyPic-1.png</center> ### <center>Troy Shrimp</center> <center>**Co-founder & Business Administrator**</center> Born in Australia, Troy is a leading security and business administration expert. Holding certificates in justice and administration, he provides the company with legal insight. Employed as a security officer for the past two years and having past sales experience, he has great people skills. An expert in keeping track of business activity, Troy ensures Thirsty Entertainment is running proficiently and that all business records are accounted for. # One last thing Thank you to everyone who has already subscribed to our mailing list. We've received tremendous support for our projects, especially Streams, and look forward to sharing more with you in the coming weeks. Without the support of the community we would not be able to make this possible! ___ ### Interested in joining the team? We are currently looking for two more web developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ Thirsty Entertainment website: https://thirsty.online **Streams** - A Music Streaming Service for the Steem Blockchain: https://streams.global ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. Thirsty Records and Streams are subsidiaries owned by Thirsty Entertainment. All rights reserved. ABN: 37440459113</sub> 2017-02-13T00:42:06 http://steemit.com/thirsty/@thirsty/thirsty-entertainment-crowd-sale-update-and-an-introduction-to-our-team /thirsty/@thirsty/thirsty-entertainment-crowd-sale-update-and-an-introduction-to-our-team Thirsty Entertainment - Updated whitepaper (0.2) <div class="pull-right">https://steemitimages.com/0x0/https://thirsty.online/wp-content/uploads/2017/02/thirstylogoxslogan.jpg</div> We hope everyone has been enjoying our posts so far. We release content almost every day to promote our [crowd sale](https://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st). ### This week This week we'll be introducing the team with a write up on who we are and what our roles are within the company. We'll also be releasing a pitch video for our company, along with a logo design for our User Issued Asset, some infographics relating to our business, and updates on our web development. ## Whitepaper update - version 0.2 We've recently updated our whitepaper, which no longer includes the Steem allocation & supply because that section was outdated. It now includes only the fundamental explanation of each token, along with added sections for each of our active projects - [Streams](https://streams.global) & [Thirsty Records](https://steemit.com/@thirstyrecords) It's also been reworded to clearly explain that we're a digital media company, and not a social media company, even though our projects have social networking aspects. **View the whitepaper here**: https://drive.google.com/open?id=0BySLqWQtxnkGdjJ2VWlDdnZveXM Once we open our website to the public - https://thirsty.online - you will be able to access the whitepaper from there, along with all the other relevant information regarding our legal structure, asset structure, and other frequently asked questions. ## Let us know what you think! If you have any questions or would like to make a suggestion, please don't hesitate to do so in the comment section. We read every comment and put the best suggestions to work. We enjoy your criticism as it helps us to deliver a better service for everyone in the future. ___ ### Interested in joining the team? We are currently looking for two more web developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ Thirsty Entertainment website: https://thirsty.online **Streams** - A Music Streaming Service for the Steem Blockchain: https://streams.global ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. Thirsty Records and Streams are subsidiaries owned by Thirsty Entertainment. All rights reserved. ABN: 37440459113</sub> 2017-02-05T21:13:12 http://steemit.com/thirsty/@thirsty/thirsty-entertainment-updated-whitepaper-0-2 /thirsty/@thirsty/thirsty-entertainment-updated-whitepaper-0-2 Thirsty Records - Update of our services <div class="pull-right">https://thirsty.online/wp-content/uploads/2017/02/ThirstyRecordsLogo1-1024x640.png</div> With all the recent updates from Thirsty Entertainment, our parent company, it's time to update you all on the music label. ### Update of Services Since the announcement of Thirsty Entertainment, there have been a few changes to the way we operate this music service. **Changes** 1. Thirsty Records will no longer be resteeming artists who post their original content. This is due to the fact that this blog will be used for distributing musicians signed to our music label under our distribution services. As a part of our obligation to them, this will become a space for which they can promote the music they create. 2. The branding for Thirsty Records is now official. The wood grain wine press is an official brand representation of the music label that helps distinguish our self from our parent company, Thirsty Entertainment. 3. The introduction of a crowd sale for [Thirsty Entertainment's digital assets](https://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st) means that we will be receiving funding toward our production services, including equipment, bases of operation, and full-time media engineers. Once that part of our strategic direction is complete, we will be looking to sign some of the wonderful talent we've been watching. 4. Thirsty Records will soon have its own space on the [Thirsty](https://thirsy.online) website. We will be using the online marketplace there, to sell vinyls and other artist merchandise. ### Summary A lot is happening with our business and the pace at which everything is moving, which makes it important to keep you all up-to-date with the progress of each project. If you feel confused at all by what we do or how we operate then please don't hesitate to say so. If we're not getting our message across then we're not doing our job right. Your feedback means a lot to us. Look out for a team post from Thirsty Entertainment next week to better learn more about who's running the show. Thank you to all of you who continue to support our operations. Have a great weekend everyone! <center>https://img1.steemit.com/0x0/https://www.steemimg.com/images/2016/08/03/logo.2bfc7.jpg</center> <sub>Thirsty Records is a music label designed to distribute music on blockchain media distributions platforms. It is a subsidiary of Thirsty Entertainment. The Thirsty name and Thirsty Records logo are copyright 2017 © Thirsty. All rights reserved.</sub> ___ ## Are you an aspiring Musician? Let us know what you've got! Send a copy of your work to: thirstyrecords@thirsy.online ___ Follow @thirsty for regular updates on our other projects, such as **[Streams](https://stream.global) - The independent music network.** 2017-02-04T03:11:36 http://steemit.com/thirsty/@thirstyrecords/thirsty-records-update-of-our-services /thirsty/@thirstyrecords/thirsty-records-update-of-our-services Thirsty Entertainment Pitch Deck - For Investors <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage151127.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage2ef45a.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage328019.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage40bc21.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage53b21f.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage6033d6.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage710b6c.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage856c4f.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage969812.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage108f0e0.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage11790e7.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage12842bb.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage13b0498.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage14f64f5.png</center> <center>http://www.steemimg.com/images/2017/02/02/Pitchdeckpage15c3e63.png</center> [Download the PDF version here](https://drive.google.com/open?id=0BySLqWQtxnkGaExnM3E5V25SclE) ___ ### [Crowd sale announcement](https://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st) ### [Whitepaper](https://drive.google.com/file/d/0BySLqWQtxnkGdjJ2VWlDdnZveXM/view?usp=sharing) ### [Streams announcement](https://steemit.com/streams/@thirsty/introducing-streams-a-music-streaming-platform-for-the-steem-blockchain) ___ ## Interested in joining the team? We are currently looking for front & back end developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ Streams - A Music Streaming Service for the Steem Blockchain: https://streams.global <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. All rights reserved. ABN: 37440459113</sub> 2017-02-03T00:11:33 http://steemit.com/thirsty/@thirsty/thirsty-entertainment-pitch-deck-for-investors /thirsty/@thirsty/thirsty-entertainment-pitch-deck-for-investors Streams: The Independent Music Network - Sign up for alpha access today! <div class="pull-right">https://steemitimages.com/0x0/http://www.steemimg.com/images/2017/01/30/streamslogoxslogan21b28d.jpg</div> # What is Streams? Streams is an independent music network where anyone can upload their music and earn rewards. Just like steemit, Streams uses the Steem blockchain to provide rewards to users for their contributions to the platform. **Share your music, vote on the music you love, and earn rewards at the same time!** <br> <center>https://www.youtube.com/watch?v=xLeiQ4CBcIU</center> <center>Visit https://www.streams.global and sign up for alpha access today</center> ___ ## Interested in joining the team? We are currently looking for front & back end developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. All rights reserved. ABN: 37440459113</sub> 2017-02-01T22:58:27 http://steemit.com/streams/@thirsty/streams-the-independent-music-network-sign-up-for-alpha-access-today /streams/@thirsty/streams-the-independent-music-network-sign-up-for-alpha-access-today Announcement - Thirsty Entertainment Crowd Sale (March 1st - March 31st) <div class="pull-right"> https://thirsty.online/wp-content/uploads/2017/02/thirstylogoxslogan.jpg </div> Today marks the first day of our crowd sale campaign, and as such, this post is our initial announcement. During this month and the next, we will be releasing numerous pieces of content to help you better understand our company; our projects, and; our strategic direction. This week includes our crowd sale announcement, pitch videos, the final draft of our whitepaper, and more information about our team. ## Why Thirsty Entertainment? User-generated content has created a multi-billion-dollar industry for social media companies. However, the value generated by this content is disproportionately returned to creators. Creators are not guaranteed monetary returns, despite the user retention and ad revenue they create for each platform and its shareholders. For this reason, Thirsty Entertainment is creating digital distribution solutions for all types of content creators. Creating innovative digital distribution platforms and techniques, Thirsty Entertainment is setting a new technological standard for old distribution industries by incorporating financial technologies such as crpytocurrency. While also utilizing database technologies, Thirsty Entertainment provides a class of client-business trust not traditionally found in business. Legally registered and operated, Thirsty Entertainment revolutionizes the way that businesses are operated on the internet. ### THIRSTY - User Issued Asset Thirsty Entertainment has chosen to issue shares using the Bitshares network. This allows those with executive permission in the the company to control and delegate stakes to investors in a private and secure way. **Bitshares network** The bitshares 2.0 blockchain uses delegated proof-of-stake methods to sign data into their database. Using this method, they have created an easy way for companies to create, issue, and sell company assets. This allows us to easily & securely share ownership of our company with potential investors. **Limited Supply** The ability to create and issue assets at our own discretion allows us to limit the supply of shares being bought & sold. This removes the drawback of over-inflation for company's with asset minting algorithms, and instead increases the demand for shares on our network, also allowing us to create share incentives for investors. **Stock splits** As demand for shares increases, it becomes essential to increase supply. To do so, stock splits will become an integral part of our share structure as an incentive for early investors. Doubling the amount of assets held by share holders gives share holders an opportunity to depart with the excess they receive, therefore increasing the amount of assets available on the market. Stock splits also increase the attraction to hold shares, knowing that if a price is x amount and the amount of assets the investor holds, doubles, the total estimated value of that portfolio also doubles. **Dividends** Dividends will be issued to those who hold shares in our company using the OpenLedger exchange on the Bitshares network. This is an incentive for investors to buy & hold our shares. Dividends will be issued annually and a decided percentage of net profit made during the previous financial is to be dispersed among THIRSTY holders. **Legally registered company** A part of our strategic direction is ensuring our business operations remain regulated by law. Part of running a successful company includes trust, and by remaining a legally compliant company we can be held accountable to share holders. Although the use of database technology provides a public ledger of our activity, we believe it's also essential to include old industry standards and set a standard of accountability for businesses operating on financial tech platforms. **Company delegates** > "There is a drawback ... namely, a centralized issuance of new tokens. To some extent, this could be managed by a hierarchical multi-signature issuer account that prevents any single entity from issuing new coins but instead requires a consensus among an arbitrary set of people to agree on any changes to the coin" Permissions of control over asset issuance & creation is to be delegated to our senior executives, namely our CEO, Thomas Kohi, and our co-founder and managing partner, Troy Shrimp. Without the permission of all delegated seniors, assets cannot be issued and their permissions cannot be changed. Using this multi-signature method on the Bitshares network, we create more strict asset issuance that requires directorial consensus. ### Share Structure The share structure we have chosen follows a more traditional method used by most start ups. A majority of our initial shares are distributed between our founders & seed investors for the contributions they make to the development of the business. The rest of our shares are to be distributed to those who contribute to our crowd sale. Below is an overview of the percentages issued before & after the crowd sale before being available on the market. <center>https://thirsty.online/wp-content/uploads/2017/02/Share-Dilution-Infographic.jpg</center> **Initial Shares Issued** 100,000 THIRSTY Issued Assets have been created on the Bitshares network: - 30% employees (30,000) - 30% founder (30,000) - 25% co-founder (25,000) - 15% seed investors (15,000) **Employee Share Incentive** 2000 THIRSTY Issued Assets are to be split among employees each week, excluding the founder and co-founder. This share incentive is set to expire following THIRSTY Crowd Sale (March 31st), at which point all staff will be paid a regular wage. **Crowd Sale Issuance** An additional 25% (25,000) THIRSTY Issued Assets are to be created and issued to investors at the end of our crowd sale (March 31st). The amount issued to each investor is decided upon the percentage of capital they contribute during the sale (% of 25,000,000 THIRSTY = % of total capital contribution). **Stock Splits** There are to be three stock splits before THIRSTY issued assets are released to the public. Each split is to occur every two months starting one month after the initial crowd sale issuance. - April 30th: 125,000x 2 = 250,000 - July 30th: 250,000 x 2 = 500,000 - September 30th: 500,000 x 2 = 1,000,000 **Initial Public Offering** All 1,000,000 assets created in the coming months are scheduled to become available to trade on the OpenLedger exchange come October 2017. Our main asset pair will be THIRSTY/BTC. The initial share price will be determined by the post-money valuation: (Capital raised + net worth) ÷ 1,000,000 = Initial Share Price. **Future Asset Issuance** Future asset issuance, such as stock splits and buy backs, is to be decided by the board of directors to be appointed by the majority shareholders. ### Capital Allocation The funding raised during this crowd sale is to be delegated toward our company sectors. Each sector has been delegated a percentage appropriate to its immediate priority*. <center>https://thirsty.online/wp-content/uploads/2017/02/Capital-allocation-infographic.jpg</center> **Streams Application** 30% of our capital is to be dedicated to our music streaming platform, built on the Steem blockchain, as this is our most innovative project in 2017. The development of this platform is crucial to the growth of our business as it provides a distribution network for our music label and others, and also opens up potential revenue streams for our business. The Streams application targets a wide demographic which will help us to adopt a large market audience quickly. **Thirsty Records** 25% of our capital is to be dedicated to our music label, the world’s first global music label distributed on blockchain networks. Thirsty Records harnesses the untapped cryptocurrency market to distribute musicians, whilst generating revenue through the production services delivered. Thirsty Records will be based in each of our global headquarters, the first of which is based in Brisbane, Australia. Each studio will contain state-of-the-art production equipment and software in order to provide content creators with the most professional quality media. **Research & Development** 15% of our capital is to be dedicated to research & development of new technologies. With the launch of our first streaming service, our next goal is to create multiple networking platforms for different types of media distribution, such as video, text, and games. Our research & development team will be responsible for growth into other market sectors. **Labour** 12% of our capital is to be dedicated to our staffing and wages. Until our revenue streams are producing sustainable income, we will be paying our staff wages with 12% of the capital raised during our crowd sale. This also includes the salary of employees yet to join our team, and any excess funds not spent go back into our capital fund to be spread across our other sectors. Our staff are very important to our company’s success. **Legal & Licensing** 5% of our capital is to be dedicated to the ongoing upkeep of our legal responsibilities as a registered company. This allows us to pay for legal consultancy and for us to pay for licenses. **Real Estate** 5% of our capital raised will be dedicated to global expansion. The funds allocated to real estate allows us to base ourselves in different cities. **Marketing** 5% of our capital is to be allocated to marketing. Marketing is a very important part of business, and as such, a marketing team will continue to advertise us through different outlets. Funds will be used to further market the Thirsty brand. **Merchandising** 2% of our capital is to be allocated to merchandising. Merchandising is a small part of our business model and is only there to help market our brand. As such, a small amount of capital will be dedicated to merchandising. *<sub>Capital contributions are subject to change as our projects develop</sub> ### Crowd Sale **Time frame** Our crowd sale starts on March 1st and will continue until March 31st. This gives investors one month to get involved. After our crowd sale, all those who contributed capital will be able to see their asset amounts on our web page. The assets you've accumulate during & after the crowd sale will be issued to investors on the day before assets become available on public exchanges. **Investor registration** Investors will be able to register on our website - https://thirsty.online - and access their account. At the end of the crowd sale, their account dashboard will display the total amount of THIRSTY assets to be issued to them at a later date. At the time of each stock split, registered investors will receive double the amount they hold in their account. Upon registration, investors will be required to enter their OpenLedger account details to receive their share. If you are interested in investing and do not have an OpenLedger account, you can register here: https://bitshares.openledger.info/ All assets issued will be frozen and non-transferable until the date we release our assets to the public for trading. **Purchases** To contribute to the crowd sale, you will be able to do so from your account on our website. As stated above, your account will need to be linked to your OpenLedger account. Contribution options will be available in different currencies, primarily with Bitcoin and Paypal. As discussed, the amount you receive at the end of the crowd sale will be determined by the percentage you contributed during the crowd sale. ### Summary The reason for our crowd sale is to give investors the opportunity to involve themselves in an innovative business concept that covers all aspects of media distribution. Our philosophy is to provide fair & rewarding opportunities for users and investors on our platforms. Our team is 100% committed to seeing the Thirsty Entertainment company succeed, both for ourselves and for those who use our services. Sign up on to our mailing list on https://thirsty.online to receive direct updates on access to our crowd sale. For other inquiries, email us at contact@thirsty.online ___ ## Interested in joining the team? We are currently looking for front & back end developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ ### Follow our Social Media feeds for future updates Website: https://thirsty.online Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ Streams - A Music Streaming Service for the Steem Blockchain: https://streams.global <sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. All rights reserved. ABN: 37440459113</sub> 2017-02-01T02:52:06 http://steemit.com/thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st /thirsty/@thirsty/announcement-thirsty-entertainment-crowd-sale-march-1st-march-31st Introducing Streams - A Music Streaming Platform for the Steem Blockchain <div class="pull-right"> http://www.steemimg.com/images/2017/01/30/streamslogoxslogan21b28d.jpg </div> **Introducing Streams - Steem's first music streaming platform!** ### Why Streams? User-generated content has created a multi-billion-dollar industry for social media companies. However, the value generated by this content is disproportionately returned to creators. Creators are not guaranteed monetary returns, despite the user retention and ad revenue they create for each platform and its shareholders. For this reason, Thirsty Entertainment is creating a platform for musicians to create and share their work. Streams combines multiple aspects to create a universal platform for content creators. Built on top of the Steem blockchain, Streams creates a way for audio creators to independently market their content. Streams also provides a platform where users can be rewarded for supporting the musicians in their network, providing an incentive for healthy community involvement. Streams can be broken down into four different categories: 1. Online music distribution platform 2. Music streaming service 3. Social network 4. Online music store https://s27.postimg.org/jhjcmier7/streamsconceptart_homepage.jpg **Blockchain based:** Based on the blockchain, we remove the need for trust between the content creator and the service provider. Immutable records of all transactions and continuous stream of data, provides the platform with a fast and secure way to distribute music and micropayment transactions. **Monetary rewards** The Steem blockchain provides democratic means for monetary incentives. Rewards provide many incentives for musicians, helping musicians to further their careers in the independent market, removing the need for industry labels and corporate control over distribution. It also creates incentive for those curating music, helping to better grow audiences on the platform. **Micropayment system** Using the Steem token, we can provide instantaneous transactions between users for content options, such as the option to purchase a stem or full song, and download it for your personal playlist. This creates a sustainable market for musicians to thrive on. **Social network** By implementing decade old social networking techniques, musicians can create large market audiences for themselves and their peers. With the ability to send messages, add friends, and follow other artists, we create a community that helps perpetuate each others success on the platform. **Fast and efficient** Using custom JSON metadata on the blockchain, we are creating a way to store music efficiently and immutably. Although audio files can be large, such as .WAV and .AIFF, audio files uploaded to our servers have their custom JSON metadata simultaneously etched into the blockchain pointing to the files located on our servers. This allows us to remain trustworthy & accountable for the proper use of user data, whilst allowing us to create a fast and efficient network for distribution. https://s27.postimg.org/i568yd6pf/Streamsconceptart_userprofilepage.jpg ### Site Structure As we develop our platform, market research is essential for creating a platform that provides what is currently available on the market, and improves upon their concepts. Other music streaming services, such as soundcloud or spotify, allow users the option to distribute their music easily, though provide no rewards for the retention they gain from listeners. Instead, musicians are required to market their music themselves. Building upon these issues, we believe that a censorship resistant, immutable, and incentivized platform is required to better provide fair distribution service for musicians. Using the Steem blockchain, we can create a more democratic and fair music network. Whilst that is important to the development of our project, rich user features will also be used to attract greater audiences and better grow the platform. **Content distribution** Streams utilizes the custom JSON protocol allowed by the Steem blockchain in order to point to files stored on our servers. Using fingerprinting techniques on uploaded files, such as hashes, we can provide a tamper-proof file storage for users. This allows for immutable and fair distribution of audio content on our platforms, where users can track their files information on the steem blockchain at any time. **Rewards system** The Steem blockchain allocates a set amount of digital rewards to be shared each day. Using the same reward pool, users can use Streams in the same way that they would use the Steemit platform. For authentication with Steem, we will be using steemconnect to allow us to integrate accounts registered on steemit with our own platform. **User features** Implementing user friendly features is a necessity for user adoption. Our user interface will include a personalized home page with a feed containing the musicians a user is following, along with a profile menu that drops down from a user's display photo in the menu bar. Included will be a messaging function, along with quick access to user wallets and the uploading page. Accessible to all will be a platform drop down menu for help, FAQ, and other information regarding our platform and business. **Added storage plans** Server costs are expensive, and although our services will be provided free of charge, covering server costs is a priority when running a profitable business. Using other music subscription providers as a guide, our storage plans will be cheaper than other providers, whilst providing the same, if not more, storage amounts. These plans will be accessible from the add-on page. **Micropayments** Utilizing the same custom JSON protocols allowed by the Steem blockchain, we can point to a payment application integrated on our servers. Users will be able to set micropayment parameters for their music, if they so wish, allowing other users to purchase & download that users audio file. Users will be responsible for providing license agreements for each audio file, which will be displayed before purchase. Once a transaction has been sent and confirmed, a user will be able to press download, and download the file directly from our servers. **Advertising** Promotion is a large part of the music industry, and as such, advertising options will be made available for purchase. Specifically, users will be allowed to promote themselves on the front page of the platform, the page seen before sign in. We do not wish to see advertisement in user feeds. There is to be a featured artist page for promoted artists. https://s27.postimg.org/k8go616ib/streamsconceptart_userhomepage.jpg ### Current State Our project is already being constructed, with the https://streams.global domain already functional. We plan to have most of the features discussed above implemented by the end of the month within a working prototype. Our plan is to release alpha invitations to our email subscribers up until the THIRSTY crowd sale starting March 1st, after which subscribers will only be able to sign up for beta. This allows first access for those who're interested in investing in our platform, and for anyone else that's interested in using the platform in the future. Alpha invitations will be limited, so it's first in first served. **Team:** @senseiteekay - project manager @klye - lead web developer @raymonjohnstone - web developer **Project status:** - Streams concept design - Domain & server functional - Research & development **Delivery goal:** - 1 month: Working prototype - 3 months: Limited Alpha release - 6 months: Public beta release ### Funding **Thirsty Entertainment capital allocation:** 30% of the capital gained during our crowd sale will be used toward funding this project. Whilst 30% may not seem like a lot, Streams has the highest percentage of funding allocation among our projects. More details on the Thirsty Entertainment crowd sale, asset structure, and capital allocation will be released later this week. - Any rewards from this post is to be added to the company's capital. **Donations:** Those who wish to donate to this project can do so by sending STEEM or SBD to the @thirsty account. If you would like to donate by another means, please contact us via email: contact@thirsty.online ___ ## Interested in joining the team? We are currently looking for front & back end developers to join our team. For more information, forward your expression of interest to: contact@thirsty.online ___ **Follow our Social Media feeds for future updates** Website: https://thirsty.online (coming soon) Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial Medium: https://medium.com/@contact_35388 Reddit: https://www.reddit.com/user/thirstyentertainment/ Instagram: @thirstyentertainment or https://www.instagram.com/thirstyentertainment Linked In: https://www.linkedin.com/in/thirsty-entertainment-69ab1b137/ Google +: https://plus.google.com/u/0/110699929321675267115 Youtube: https://www.youtube.com/channel/UCbx3Spjr8TemnVab0Qpdo7g Pinterest: https://au.pinterest.com/thirstyentertai/ Streams: https://streams.global (coming soon) <center><sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright 2017 Thirsty®. All rights reserved. ABN: 37440459113</sub></center> 2017-01-31T00:02:51 http://steemit.com/streams/@thirsty/introducing-streams-a-music-streaming-platform-for-the-steem-blockchain /streams/@thirsty/introducing-streams-a-music-streaming-platform-for-the-steem-blockchain [ANN] Thirsty Update - Official Whitepaper Release This post contains the link to our official whitepaper. The 15 page document describes the strategic direction of our business. <center>http://www.steemimg.com/images/2017/01/01/logoconcepta90a4.png</center> # <center>Welcome to the official blog of Thirsty Entertainment.</center> # Abstract Thirsty Entertainment is a blockchain-based digital distribution company that provides content creators with cryptocurrency-integrated networking applications. Thirsty Entertainment combines social media, cryptocurrency, and digital media business concepts to create highly profitable business opportunities for online communities. Developed on top of the Steem blockchain, our business model creates fair and transparent payment networks for content creators, users, digital media businesses, and investors. # <center>[Link - Official Thirsty Entertainment Whitepaper](https://drive.google.com/file/d/0BySLqWQtxnkGdjJ2VWlDdnZveXM/view?usp=sharing)</center> <center>http://www.steemimg.com/images/2017/01/21/businessroadmapscreenshot29ac7.png</center> <center><sub>Copy of our Roadmap for 2017 highlighting our main development goals this year</sub></center> <center>http://www.steemimg.com/images/2017/01/21/businessmodelscreenshotabfd4.png</center> <center><sub>Copy of our business model</sub></center> ___ ## Interested in joining the team? We are currently looking for front & back end developers, as well as a talented graphic designer to join our team. For more information, forward your expression of interest and a resume to: contact@thirsty.online ___ **Follow our Social Media feeds for future updates** Website: http://www.thirsty.online (currently undergoing maintenance) Facebook: https://www.facebook.com/thirstyofficial Twitter: https://twitter.com/ThirstyOfficial <center><sub>Thirsty Entertainment is a registered and trademarked Australian Business. The content and images shared herein are copyright by Thirsty® (ABN: 37440459113)</sub></center> 2017-01-21T20:00:09 http://steemit.com/thirsty/@thirsty/ann-thirsty-update-official-whitepaper-release /thirsty/@thirsty/ann-thirsty-update-official-whitepaper-release