essence Protocol

essenceProtocol is reinventing digital rights management. Traditionally, we have relied on centralised systems to connect content creators with consumers, track digital assets and pay royalties. This old system, while functional, is inefficient and often ends with both creators and their patrons getting a raw deal. We are harnessing the power of blockchain technology to change that. By using a token ecology, blockchain and peer-to-peer networks, we aim to build a new culture economy. The digital world is undergoing a crypto revolution and we want you to join us as we innovate to establish a true value proposition to the intellectual property market, one that rewards creators and is governed by community consensus. The essenceProtocol foundation is developing the underlying infrastructure for BiXong, a forward thinking marketplace transforming music royalties into a liquid asset class. The BiXong token (STRM) enables music lovers to buy and sell music royalties of their favourite artists on the proprietary exchange, earn proportionate royalties as they’re distributed and speculate on up and coming artists success. With community prosperity as our core ethos, the innovative exchange and integrated music streaming platform is designed to maximise user profitability and engage a transparent, long tail business model which benefits music creators and consumers alike.