What is Bitrad.io?


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    About us:
    Bitradio is a website and a currency.
    At Bitrad.io, users can listen to their favorite radio station via webstream while browsing the web, stream music on their smartphone, or listen to radio stations while doing sports. Users get tokens (BRO) for their activity. These coins can be traded at exchanges. In addition, users get a share of all USD, EUR and BRO revenue from banner advertisement.

    BRO is based on its own POS blockchain. Users get coins through activity. Similar to mining, where coins are generated through computational power, users are awarded coins for streaming radio stations. Activity points are exchanged into BRO and paid out hourly.

    Coin specifications:
    Block time: 2 minutes
    Payout per block: 5 BRO
    -> 4 BRO to users who listen to radio stations
    -> 0,5 BRO to owners of master nodes
    -> 0,5 BRO POS (staking)
    RPC PORT: will get delivered subsequently
    P2P PORT: will get delivered subsequently
    Crowdsale: 10.000.000 coins will get handed out (after the website leaves beta phase)

    Options for earning BRO

    1. Listen to radio stations
      -> For each second you listen to web radio, you get awarded activity points. Each hour, those get exchanged into BRO and paid out to your wallet.
    2. Bitradio is a proof of stake coin
      -> Hold your coins in your wallet, and you will earn 0,50 BRO per block which is getting mined via POW
    3. Master node
      -> Each user with at least 2.500 coins can run a master node. You earn 0,5 BRO per block.
    4. Referral system
      -> Get new users on board and earn activity points when they listen to streams. These extra activity points will get paid out hourly as well.

    Referral system:
    There are 3 levels
    Level 1: Directly recruited users. You get 5% of the activity points.
    Level 2: Users recruited by those users. You get 2,5% of the activity points.
    Level 3: Users recruited by those users. You get 1,0% of the activity points.

    Referral and activity rallies:
    Users who recruited exceptionally many other users will earn special rewards like headphones, itunes or google play voucher cards, cell phones, BRO and more.

    Revenue sources for Bitrad.io
    1. Advertisement on Bitrad.io

    • Google ads and more
    • Videos before the stream (coming later)
    • Short ad at the start of the stream (coming later)

    2. Advertisement on other sites, which are still to be developed

    • blockexplorer.bitrad.io (80%* of all advertisement revenue goes back to the users)
    • coincha.in will become a block explorer for altcoins (80%* of all advertisement revenue goes back to the users)
    • dice.bitrad.io (80%* of all advertisement revenue and other earnings go back to the users)
    • many additional sites under construction
      For 80% of the earnings in fiat currencies, BRO will be bought at exchanges and sent to the burn address

    3. Paid user accounts (on version 2 of the site). These Accounts can only be bought with BRO.
    Features include:

    • no ads
    • AP boosts (users get 1,5 activity points per second, instead of 1)
    • data storage, for example for backing up your mp3 files
    • and many more

    4. Feature stations

    • Radio stations can buy better exposure and visibility on our site.

    Each USD earned will get taxed. Earnings after taxes are paid out to the operator of the website (20%) and to the community (80%).
    For 80% of the earnings, BRO will get bought at the exchanges and get destroyed for ever. That means that 80% of earnings after taxes will get bought back and sent to the address BroBurnAddressXXXXXXXXXXXXXXXsEx46. Nobody has a private key for this public address. The address has been calculated.

    Goals:
    Webradio community, which pays earnings to users.
    Sell new users on blockchain technology.
    Inspire new users to the blockchain technology.
    Value increase for BRO tokens.

    Crowdsale:
    A total of 10.000.000 coins exist. Those will be offered to the public in 6 stages. There is no fixed price. Demand and supply will create a price. The crowdsale will only start after the website is 100% functional and has left the beta phase. Expected around April2017.

    1. stage:
      25 master nodes at 111 USD each
      You get 2.500 coins and can run your own master node, in order to earn payouts.
      A manual can be found in the forum at forum.bitrad.io

    2. stage:
      937.500 BRO get offered. Buying is possible through bitcoins and altcoins. All users which pay an amount will get a share of the 937.500 coins. Example: 1.000.000 coins: user A pays 0,01 bitcoin, user B pays 0,01 bitcoin, user C pays 0,02 bitcoin. If 0,04 bitcoin were paid in total at the end of stage 1, user will get awarded the following amounts of BRO:
      User A = 25% = 250.000 BRO
      User B = 25% = 250.000 BRO
      User C = 50% = 500.000 BRO

    Only the market and demand influence the price.

    1. stage:
      2.000.000 coins offered through the same system. No fixed price.

    2. stage:
      2.000.000 coins offered through the same system. No fixed price.

    3. stage:
      2.000.000 coins offered through the same system. No fixed price.

    4. stage:
      3.000.000 coins offered through the same system. No fixed price.

    Additional info:

    • we will run ONE DASH Masternode for a year and buy BRO from the earnings. The earnings will go to the burn address.
    • we will run FIVE NEOSCOIN Masternodes for a year and buy BRO from the earnings. The earnings will go to the burn address.
    • we will run FIVE BRO Masternode for a year. The earnings will go to the burn address.

    Current websites:
    Webseite: -> www.Bitrad.io
    Blockexplorer -> blockexplorer.Bitrad.io
    Paper Wallet -> paperwallet.Bitrad.io
    Stats & Dashboard -> stats.Bitrad.io
    BurnBRO: -> burnbro.io


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