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What is Bitsong
What is BITSONG?
BitSong is a multifunctional blockchain-based ecosystem built to empower the music industry. It unites artists, fans, distributors in an environment where music, merchandise, and fan loyalty are assets of value. BitSong’s decentralized ecosystem of services providers the global music community with a trustless marketplace for music streaming, Fan Tokens, and NFTs, powered by the $BTSG token.
BitSong was conceived in 2018 by developer and entrepreneur Angelo Recca. Angelo realized that while the digitalization of music has brought many benefits to the industry, it’s also created a new set of problems around the ownership of music and attribution of royalties.
After launching the main BitSong blockchain in August 2020, the bitsong-2b mainnet went live on October 21, 2021. Featuring Fan Tokens, NFTs, and music streaming platform, all underpinned by secure, robust, battle-tested blockchain technology, the launch of BitSong marks a turning point in the ongoing development of the music industry.
Cosmos is a decentralized network of independent, parallel blockchains that can scale and interoperate with each other. The Cosmos network is powered by a decentralized network of validators that run the Cosmos software and maintain the integrity of the network by reaching a consensus on the order and validity of transactions.
One of the main goals of Cosmos is to enable the interoperability of different blockchains, which means allowing them to exchange information and assets with each other.
In addition to these features, the Cosmos network also includes a number of tools and technologies designed to make it easier for developers to build and deploy decentralized applications (dApps) on the platform.