BitSong is a new platform, that will be built using the Ethereum blockchain
and the IPFS distributed file system.
The focus of the developers is one near to their heart. It is a project dedicated
to musicians and attempts to solve a major problem for emerging artists.
Through Bitsong, musicians will have the opportunity of producing their own
songs and listeners will enjoy and hear new content from any device they own.
Additionally musicians may also receive donations from fans that could con-
tribute to their next album. Advertisements will be upload by the Advertiser
and each time an advertisement is listened to, the artist and the listener will
receive 90% of the profits from the Advertiser.
BitSong will provide the user with the possibility of using the platform in a
number of ways from, free streaming, to requests for donations, payments
and the insertion of advertising sponsors.
The project aims to overcome the bureaucratic and economic obstacles within
this industry and reward artists and users for simply using the platform.
The Bitsong platform is unique both in the details and additional services it offers.
It differentiates itself from other music streaming platforms by assisting to finance
music and video artists and gifting tokens to its users, from music/video enthu-
siasts to those for commercial activities).
Our vision is to create a new revolutionary brand linked to music streaming
that is unlike any other platform.
BitSong will generate profits for artists and the users who listen to their songs,
while creating a money saving opportunity for advertisers. Our goal is to be
present on any Smart TV equipped with Chromecast, through Smartphone
app stores, on any personal computer through a web interface or software
and finally any car equipped with a Smart Radio.
BitSong will be the new point of reference for the music market and will be
fully developed using the technologies that the blockchain has available.
Using the blockchain affords Bitsong with the means to be decentralized and
be more community – based compared to its competitors. Currently viewing
a music video is via YouTube, listening and streaming is via Spotify, mar-
keting is on iTunes or Beatport and advertising is on social media. BitSong
aims to solve this problem once and for all.
Bitsong will provide artists with full autonomy to upload their song (without a
distributor or a label), and their own music video, advertise it through their
own fanpage (on the BitSong platform) and interact with their fans.
A holistic one – stop shop approach, choice is given to to the user, to watch
videos, stream music and have the ability to use whichever device they own
to partake in Bitsong. This also permits the artist to manage their social me-
dia fanbase from one source, their Bitsong channel, thereby retaining their
fans on one single decentralized music platform.
We have already planned to create an official Web Radio / TV that will
stream the best tracks on the platform, there will also be musical contests
in which the artist will promote his music (only users with BTSG tokens can
express their preference) . In addition to the official Web Radio / TV, there
will also be the possibility to open a streaming channel where you can bro-
adcast your events, or perform live via our platform.
Today musical rankings are easily influenced or modified by external spon-
sorships. BitSong will proposes to store all user reactions (such as streams,
like, comments and anything else) on their blockchain, thus generating the
first verifiable and above all, real music classification for rankings.
Our aim is to evolve as the world of blockchain evolves and create new op-
portunities for our community to support our platform.
This White Paper is intended for distribution solely on information purposes.
BitSong (also referred to as ‘BTSG’) does not guarantee the accuracy of con-
clusions and statements reached in this white paper.
Moreover, this white paper is provided "as is" with no representations and
warranties, express or implied, whatsoever, including, but not limited to:
(i) warranties of merchantability, fitness for a particular purpose, title or
non-infringement; (ii) that the contents of this white paper is free from error
or suitable for any purpose; and (iii) that such contents will not infringe
third-party rights. All warranties are expressly disclaimed.
BitSong and its affiliates expressly disclaim all liability for and damages of
any kind (direct or indirect, including loss of profit) arising out of the use,
reference to, or reliance on any information contained in this white paper,
even if advised of the possibility of such damages.
Under no circumstances will BitSong or its affiliates be liable to any person,
entity, partners, partner’s customer or end-users for any consequential, inciden-
tal, direct, indirect, special or punitive damages, including without limitation
damages for lost profits, revenues, lost business or loss of use of products
whether or not BitSong has advised it in this white paper or any of the content
contained herein, that such damages will or may occur, and whether such
damages are claimed based on breach of contract, negligence, strict liability
in tort or any other legal or equitable theory. No action regardless of form,
arising out of this white paper may be brought against BitSong.
Take part in revolution!
Together with our community (about 180,000 users) we want to create a
special environment, a new way to hear, see and enjoy music,where every
artist can be his own distributor, sponsoring it on world music channels,
where clarity and transparency rule and users can be rewarded for listening
and viewing advertising.
Together we can succeed in creating a new era where every artist can be
his own distributor, with no intermediary, everything clear and transparent.
When an artist creates a new single or musical album, he must invest his time
to create that piece from an original idea through to the product.
They finance it with their own money, contact a record label in the hope that
they are interested in the song, investing and publishing it to get the most
sales. This all takes many months before outcomes can be achieved .
Often however, this does not happen, as the artist does not have the ne-
cessary funds to create a music video, because he does not have the right
contacts, and because the record label (given the huge amount of songs they
receive) rarely invests their time and effort into the song. An artist can often
find they have spent substancial time and funds without gains or revenue.
BitSong, due to the Ethereum blockchain, finally wants to resolve these pro-
blems that hinder emerging artists within the world of music.
Bitsong will provide opportunities for the advertiser to easily reach their
audience, thus avoiding intermediaries who only increase the advertising
cost. We will give them the choice to choose the amount to invest in each
In addition, advertisers will get data to measure the results of their marketing
Think about the last time you used a steamining platform, listening or watching
music videos containing advertisments. You negotiated the use of the platform
by giving away your time while adverts played. You gave away your time wi-
thout getting anything out of it. Bitsong aims to change that by giving the user
who listens to the music, the chance to be paid for listening to the advertisement
within the piece of music, in proportion to the amount spent by the advertiser.
Ten percent of the amount will be retained by BitSong for ongoing costs of de-
veloping the platform and the remaining 90% will be divided between the user
who listens and the artist who creates the song.
Moreover, thanks to our innovative listening platform paying for user attention,
we believe users will abandon the traditional ecosystems of listening to music,
by using BitSong on any device (TV, Smartphone, PC, Car Radio).
BitSong has resolved problems for the artist by permitting them to upload their
songs without any need for a record label.
The artist can receive donations in BTSG tokens which can be converted to
cash or it can help sponsor the development of their own piece of music.
Artists can also get revenues from advertising generated by their piece of
music and by reselling their own songs. This will be enhanced by the social
network created on the Bitsong platform and the loyalty of fans.
Funds via the Bitsong token $ BTSG will be credited to the artist wallet imme-
diately and they will be able to withdraw or convert as they see fit.
Artists need no longer wait several months before a record label sends va-
rious reports, they can check the progress in real time directly within his
Through BitSong, the advertiser will also have greater clarity on costs and
will not have to pay additional intermediaries. They can create their own
advertising campaign through a special advertising tool within the Bitsong
platform, choosing the appropriate target.
Once a target is selected, the advertiser can choose the amount (in $ BTSG)
he wants to invest for each advertising session. The higher the bid, the more
visibility the advertising will have. Finally the advertiser will not have to pay
astronomical figures, as BitSong completely eliminates the intermediaries
and allows the advertiser to decide the budget they wish to spend for indivi-
BitSong accepts within their platform, all songs, that are not plagiarism, but
the result of the originality and work of an artist, without thereby harming the
work of other artists.
In the event that our technology detects that a song has already been re-
gistered previously by other users, the BitSong platform will require further
verification through the official social profiles and certificates, to protect the
work of the individual artist.
In recent years, the music industry has experienced a huge increase in sales
thanks to the streaming and sale of digital albums.
17.4 BILLION USD
IFPI (International Federation of the Phonographic Industry) has indicated
how the music industry has achieved a 5.9% increase in sales of digital
albums, on a market capitalization of 17.4 billion USD.
52 BILLION USD
The music industry is projected to grow exponentially over the next few
years and is expected to reach a $ 52 billion USD capitalization by 2020.
The revenues arising from music streaming show a sharp increase and the
trend remains bullish. At BitSong, we are revolutionizing the music industry
by making the user and artist the main actors.
Streaming services have saved the music business and has become the most used
instrument in the modern music environment, generating increases in the main
markets and thus unlocking the enormous potential in terms of reaching the public.
17,4 BILION USD
Global recorded music revenues reached $17.4 billion in 2017, up from
$16 billion in 2016 — an annual growth rate of 8 percent. Streaming reve-
nues in particular have contributed to this growth, and were up 39 percent
year-over-year to reach $7.4 billion, or 43 percent of all revenues (Sarah
Perez, Techcrunch, 2018).
The year 2016 saw streaming revenue as the top contributor to market
growth with an increase of 60.4% - the largest growth in eight years.It now
makes up 59% of the total digital music revenues, to the tune of $ 7.8 billion
From the beginning of 2015 to the end of 2016, the number of indie music
listeners grew by 141%.
80% FROM 2014
USD. PSAM (P. Schoenfeld Asset Management), one of the leading Ameri-
can hedge funds, project that stream music will lift industry revenues from
more than 80% from 2014 through 2020 and the industry can reach 15%
annual revenue growth before the end of the decade .This is accompanied
by a tremendous increase in consumer appetite for independent music. From
the beginning of 2015 to the end of 2016, the number of indie music liste-
ners grew by 141%. These numbers will continue to grow as streaming mu-
sic services and shared playlists increase in popularity.
14% OF MARKET
The revenue generated by the use of recorded music by broadcasters and
public venues – has grown by 7% to $2.2 billion USD in 2016. This revenue
stream accounts for 14% of the market but remains significantly undervalued.
IPFS is a peer-to-peer distributed file system that tries to connects all devices
within the same file system.
In some ways, IPFS is similar to the World Wide Web, but however IPFS
can be seen as a single BitTorrent swarm, which exchanges objects within
a Git repository. In other words, IPFS provides a high-throughput block
storage model and with content addressing, with via hyperlinks to content.
The keyword of the Interplanetary File System is therefore decentralized.
This technique makes it possible to distribute information on a rather large
network of nodes and makemaking it them easily traceable. The search for
the contents wis ill then be based on the a hash identifier, so as to be.
This ensures that one can sure to find exactly what was one is looking
for sought while remaining in the shelter of possibleprotected of possible
network malfunctions. precisely because of the fact that the Iinformation
on it is based on the project are is disseminated and made redundant on
numerous independent nodes.
Ethereum is a decentralized Web 3.0 platform for creating and publishing
peer-to-peer smart contracts.
Ethereum is different from Bitcoin because it allows you to create smart con-
tracts that can be described as highly programmable digital money. Con-
trary to many other cryptocurrencies, Ethereum is not only a network for
the exchange of monetary value but a network to run contracts based on
These contracts can be used safely to perform a large number of operations:
electoral systems, registration of domain names, financial markets, crow-
dfunding platforms, intellectual property, etc.
BitSong reserves the right to use one or more blockchains within its project.
This will allow us to be totally decentralized without depending on a single
The BitSong Token (symbol: BTSG) will be used as currency within our platform,
INFORMATIONS and will therefore be used for sponsorships, donations, purchases and votes.
Using the Ethereum blockchain our community will be able to receive pay-
ments safely and quickly, thus eliminating the annoying problems and slow-
ness of the fiat currencies.
BitSong is a long term project, all our calculations have been made in order
to guarantee an “uninterrupted” production flow, (all this regardless of the
various market fluctuations).
Our token will be essential for:
• Making a donation
• Purchasing a song
• Buying tickets
• Purchasing merchandising
We encourage and reward our community and who will support us, this activity is
necessary in the launching phase of our service and also subsequently throughout
for a continuous growth and fast expansion.
In order to guarantee the adoption of our platform, we have implemented a
Smart Contract that will reward the new subscribers, who those will who invite
other users and who willthose create creating various contents of various types.
The token distribution will be designed to increase community benefits and
provide long-term incentives.
Presale & Public Sale - 50% of the BTSG tokens will go on sale. This sale will
permit the development of the application and the expansion of our project.
The unsold tokens will be moved to the “Reserve Fund” and will also be
blocked for a period of 18 months and gradually released.
In order to create an “active” community within BitSong, we have decided to
give away 1% of our tokens in Airdrop. At present our Airdrop, has created
more than 180,000 users for Bitsong.
The Bounty Program is born from the need to create a strong and sustainable
community. In this case, all users who bring added value to BitSong will be
rewarded with BTSG tokens.
We strongly believe in the creation of a partner network linked to the music
world. This fund will allow us to increase this network, to develop our project
and to enlarge our community.
In order to guarantee the success of our crowdfunding, we have reserved a
7% fund for our advisors and related costs.
The reserve fund is necessary to guarantee “long-term” survival of the project
and will be blocked for a period of 18 months. Later it will be unlocked (if
necessary) in 10% monthly batches to refinance new features.
We have allocated 20% of the BTSG token and destinedto the for Owner
Founder and Teamteam. This fund will be blocked for a period of 6 months,
at the end of the 6 months the BTSG tokens will be unlocked in batches of
about 2-3% per month.
USE OF FUNDS
In order to be able to manage and exploit the funds available in the best way,
BitSong intends to use them according to a strategy and a well-studied plan.
We aim to expand globally our business in other countries, all over the wor-
ld, starting from with the European Union followed by, the U.S.A, Canada,
Asia markets and eventually extending to all countries that are and want to
invest in the digital music world through the blockchain.
The blockchain is a sector that is still developing, investing heavily in new
blockchain technologies will allow us to keep our project in a decentralized
way. The Three locations have been identified establishment of 3 locations
in Europe for the establishment of our business. is already planned, aAll 3
three locations are in geographically strategic positions for the partnerships
network that are already active and linked to the musical world.
To do this we need to improve and develop our platform through technical
and strategic improvements, acquire and develop new activities that the pla-
tform can offer to our Community and , licenses, mergers and collaborations
collaborate with other partner companies.
The fund related to Marketing & PR fund is the of utmost important importan-
ce of theto the whole project. An unknown application is an unused applica-
tion. The therefore thesese funds will be used for the to enhance costs of our
marketing strategy . Precisely for this reason we intend to push our marketing
as much as possible, in this way we will be able toaimed at connecting
to our customers. with the largest number of users and consequently the
achievement of our goal. This fund will also be used for to invest heavily in
events, sponsorships, contests related to artists, public relations, advertising
campaigns, social media campaigns and newsletters. Any means necessary
to expand the brand and achieve our goal will also be considered.
HARD CAP BTSG
* All unsold BTSG tokens in the various phases (eg PRE-ICO) will be entered in the last phase of the Public Sale
Public Token Sale
Token utility used to get access to services within BitSong
Estimated start April, 2018 (whitelisting)
Public Token Sale: 452,500,000
$ 0.062 / BTSG
Pre-sale 40% bonus: min. 3 ETH
Pre-sale 30% bonus: min. 2 ETH
ICO 20% bonus: min. 1 ETH
ICO 10% bonus: min. 0.50 ETH
ICO 0% bonus: min. 0.05 ETH
Pre-sale 40% for first 20,000,000 sold, 30% for next 15,000,000 sold
ICO: 20% for first 10,000,000 sold, 10% for next 5,000,000 sold,
0% for remaining 435,000,000 sold
Please note that the Roadmap is subject to c hange until June 25th 2018, a s architecture and
design decisions a re still being made at this point. Please c heck https://bitsong.io for the final
version of the Whitepaper a t that date.
Angelo Recca - BitSong Founder
begins began to take his first steps in the world of
computing at the tender age of 8 years. To date
he is the administrator of his company (SpazioRC
web hosting compan. Angeloy) is a Full-Stack De-
veloper, Blockchain Expert and promoter Entrepre-
neur othroughf the launch of 3 other startups.
Rino Ticli - BitSong Co-Founder
he began his career as a DJ at the age of 14. He
immediately started playing in the clubs of the his
province until it he became renown and expan-
ded all over the internationally territory collabora-
ting with record labels such as Blanco Y Negro,
Dance and Love, Saifam Music and Executiva
Music. Also known in Malta for Electronic Dance
Salvatore Farruggio - VP Product
administrative manager of the company INTEGRA
CORPORATION which carries out courses of high
entrepreneurial training and human resources and
Gas Incatasciato - Music Producer
in art “GAS”. Record producer, talent scout, com-
poser. Graduated from the V.Bellini Conservatory
of Catania, percussion branch, boasts numerous
musical collaborations with various national and
international artists. A discographic producer wi-
thin the musical project of Ticli & Gas.
Fabio Vindigni - Digital Video Strategist
at the age of 21 he follows a self-study course of
video production, which includes shooting, pho-
tography, editing, directing and vfx. In the same
year he began working as a rock, pop, metal,
orchestral and soundtracks composer for videoga-
mes. At the age of 24 he works as a videomaker,
composer and voice actor for local and provincial
clients on commercials and music videos.
Alfonso Santitoro - Marketing Director
is a digital consultant for startups and companies.
He has worked in the digital world for about 4
years, as a marketing expert, he has guided a lot
of national and international projects. He is the
founder of blockchainews.it, blog writing about
cryptocurrencies and blockchain technology. He
is the digital marketer of one of the biggest italian
Iulian Anghelin - BitSong EMEA Manager
passionate about blockchain technology and
cryptocurrencies. Graduated in the tourism field,
with excellent skills in problem solving, commu-
nication and relationalrelationship management.
He is fluently in five languages a nd at intermedia-
te level others 2in two others.
Giovanni Melfi - Computer engineer, expert deve-
loper and blockchain enthusiast
joined the project almost at the beginning. A gra-
duate of the University of Catania, he is actively
involved in the development of the application.
Francesco Martorana - Artist Manager
founded Wla Booking (Booking Agency for Ar-
tists) in September 2011. He joins the BitSong
Team and, thanks to his experience, will take care
of the selection of our artists, he will also take care
of forging important partnerships within the music
world and with the first international artists.
Tiziana Mazza - Social Media Manager
Passionate about public relations, but also a gre-
at lover of music in all its forms. She knows Bit-
Song from its foundations, succeeding in this way
in transmitting to the public what it represents, in
the smallest details. She had the opportunity to be
part of this project also thanks to his past expe-
riences as a promoter, which allowed her to learn
how to deal with the general public.
Serena Di Pasquale - Social Media Manager
She had the opportunity to work in the past as
a model, allowing her to successfully get into the
fashion and social media’s world. The influence
towards the general public gave her the oppor-
tunity to interact with the public, also for the bit-
song project, where she managed to combine her
passion for music, with the passion for beauty in
general, in fact is collaborating with BitSong as a
social media manager and image/model girl.
Alessandra Recca - UI/UX Designer
Committed Designer with a passion to build enga-
ging experiences for the Digital products. Strong
conceptual skills and ability to translate ideas into
creative UI design. Responsible, reliable and passio-
nate about UI and UX design and methodologies. I
love when I can use design and design thinking to
make a meaningful impact on my community.