By HM - MN.Investments content producer, Midas.Investments
Midas announces the listing of One Talent Show (OTS) to the Midas platform as an Instant Share. Invest today to receive instant rewards. OTS is a project supported by our Incubator Programme.
What is One Talent Show (OTS) and what does it offer?
The entertainment industry is lucrative for all of its glamour and uniqueness not seen anywhere else. With the help of social media, it becomes a lot easier for talent discovery as well as outreach marketing. The ability to share photos and videos to anyone around the world is what makes social media disruptive to the status quo. You can always send an email with attachments, but early social media platforms take that to another level by connecting everyone on an open basis.
Now imagine a system in which you can incentivize artists, professional or homegrown, with a cryptocurrency. This is what One Talent Show attempting to do - to integrate blockchain technology into the process. OTS is basically composed of two main functions in one platform.
At its core, OTS allows you to share live video broadcast and follow favorite artists or channels - much like any video sharing platforms out there. To encourage adoption, it will charge no monthly fees to use the platform. It plans to partner with production companies and talent agencies to create a complete ecosystem. You can donate coins or join in a talent competition yourself on the platform.
The other complementary function is to ensure a viable use case for OTS coins. Other than being required for payments and donations, OTS can be used to increase your influence on the platform. A “proof of talent” is also briefly discussed in the whitepaper about a mechanism to assess the social value of an artist. The coin itself utilizes the proof-of-stake consensus algorithm and a network of masternodes. More information is expected to be released after the presale.
The team has planned several marketing activities. In fact, 30% of their funding will be allocated for marketing. Being a new player in town, they would need to advertise on competing platforms first to gain traction. Bounty and referral programs are in place (visit their Discord server for more details). Other expected activities such as masternode monitoring, masternode sharing or exchange listings are planned as well.
Wallet software is available for Windows, Linux and macOS. A demo of the OTS platform is ready here for you to explore.
Timothy Logan, Chief Executive Officer/Co-founder
Rose Siddins, Digital Marketing Specialist
Luca Schröder, Web & Analytical Software Developer
Rogerford, Mobile Application Developer
Angelus, Blockchain Developer
Where can I purchase OTS?
Total supply: 100,000,000
Premine: 700,000. The coin is mineable for ASIC machine owners until block 14,400
Presale: there are 4 phases to be rolled out in schedule; a batch of 5 nodes for each phase and priced at 0.15, 0.25, 0.45 and 0.53 BTC per node. See more details on Discord.
Exchange: available exclusively on Midex after the presale period. Midex is a decentralized exchange operated by Midas platform in partnership with Birake.
Consensus algorithm: MN/proof-of-stake
Masternode collateral: 25,000
Block time: 90 seconds
Block reward: variable reward depending on block heights. MN/PoS split is 75/25
Can I get more information about OTS?
About the Incubator Programme at Midas Investments
We plan to change how a project launches their new coin! The masternode space needs change, and we are here to provide it.
How does the Incubator benefit a project?
A project listed to the Incubator receives the full support our infrastructure and investment community provides as well as a paid listing to Midex/Birake network, and launches exclusively on Midex once presale is over. The exchange listing is funded by a secondary presale we hold directly with the Midas community. Once full funding has been achieved, the presale continues with the project.
By offering a paid exchange listing, and the ability to utilise our investment ecosystem to increase results of their own presale, a project will be able to increase budgets for project development, fueling a strong foundation for future success.
Does this benefit me, the investor?
Yes. Projects listing through the Incubator programme will be brand new - often within 1-2 weeks after project launch. Through the Incubator, you will be introduced to tomorrow's successful projects offering you the opportunity to become a very early investor when rewards are at their highest.
What does this bring to the Midas ecosystem?
When a project/coin lists through the Midas Incubator programme, they agree to launch exclusively to Midex only being traded via Midex for at least the first six weeks. Any community member or trader wishing to trade this new coin will be joining Midex and the wider Midas ecosystem. A larger community benefits us all!
More importantly, we can change the masternode culture, and increase the probability of a project achieving developmental success. Funds accumulated through a presale are far better served fueling development of the project, not lining the pockets of exchanges! This revolution will provide Midas with a wider attention and reputation.
Do you want to become a Midas partner?
Midas is looking for great projects to join us on our journey. Get in contact with the team via Discord for more details, and visit midas.investments for information on our project, team and road map.