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The New Music Biz.com Uses TrakIt To Re-Value Music Files
  • USA - English


News provided by

The New Music Biz .com

Apr 23, 2015, 19:00 ET

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Players Needed
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Melbourne, Victoria (PRWEB) April 23, 2015 -- TrakIt has elements of copyright, trademark, and bill of sale, but is none of them. It works the same way as matrix or batch numbers on old vinyl records and is best described as a modern day version of “Operation Id”.

TrakIt has three separate processes: TagIt, ChekIt, and SellIt. TagIt labels each copy of music sold with a unique identification number and puts the information in an online database. ChekIt allows someone to prove they are the registered owner of a particular music file. SellIt facilitates transfer of ownership.

TrakIt allows owners of digital music to easily prove they are the legitimate owner of a particular file.

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John Adams, inventor of the patent pending process says, “In light of recent court decisions it may be useful to have the ability to prove you are the legitimate owner of a particular digital file. To determine if your copy of music utilizes TrakIt, first look for ⓣ (small t enclosed in a circle) in the filename. If that little t symbol is there, put your information into a search form, and it returns whether, or not, you are the registered owner. Also, TrakIt numbers are sequential, so earlier copies may become more valuable in the same way as first pressings of old vinyl records."

The New Music Biz .com is an online game, now actively recruiting Players, and is the first website to utilize TrakIt. Selling music in any form these days requires satisfaction to both artists and consumers. Advantages to the music’s creators include:

• Transparency with regard to number of copies sold.
• Players may be as public or anonymous as they wish.
• TrakIt discourages illegal copying.

Advantages to consumers are:

• Music has been judged or voted a winner before being sold.
• Earlier copies of music may go up in value.
• Purchaser has security, knowing they can prove they are the registered owner of a particular music file.

“Licensing is also available”, says Adams. “This really is a game changer when it comes to valuing music files.” To skeptics who have a hard time believing a digital file could have any value, Adams asks one simple question, “How much is a bitcoin worth?”

About the business: TrakIt is owned by falling possums, llc, John Adams, President. falling possums, llc, is a startup company focusing on value and transparency whose first online business is The New Music Biz .com. While based in Oklahoma, its roving office is currently just down the road a piece from Melbourne, Australia. For more information, http://thenewmusicbiz.com/faq or http://trakitid.com/opinion.

TrakIt, TagIt, ChekIt, SellIt, The New Music Biz .com are all trademarks of falling possums, llc.
©2015 The New Music Biz .com

John Adams, The New Music Biz .com, +61 431920806, [email protected]

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