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Bitmunk 3.2 Launched – The Legal P2P Music NetworkNovember 30, 2009 on 9:00 am | In Bitmunk, Corporate, Development, Industry, Music | Comments OffToday, we launched Bitmunk Personal Edition 3.2 – the first piece of software in the world to enable collaborative content distribution. Bitmunk is a plug-in for the Firefox web browser. This release adds the ability to sell DRM-free music from your computer, on behalf of artists, via an open, standards-based, peer-to-peer network. We will be working toward standardizing this technology for web browsers over the next several years. This work will establish a world-wide, open mechanism for the distribution of digital content via web browsers that not only benefit artists, but fans as well. In short – when a file is traded using Bitmunk 3.2, the artist is paid and the fan is paid. You can legally resell the music you buy via the network and get paid for the bandwidth you contribute to the sale. This is a bold new approach to music distribution. We certainly think it is inevitable that digital content will eventually be distributed in this way. Here’s how it works:
The artist will always get the royalties that they set for the song, but unlike all the major digital online music stores, you can get a cut of the sale as well. We are really excited about this release as it is the culmination of years of research and development. Many tireless days, weeks and years of work have gone into addressing the many problems plaguing digital music distribution today. We think that getting the fans involved in the process of distributing music is at the heart of the solution and Bitmunk does just that – it gives people a reason to get involved and be rewarded for helping to distribute music on the Web. If you would like to learn more about Bitmunk, take a look at the Introduction to Bitmunk page. If you’d like to try Bitmunk 3.2 out in Firefox, go to the Bitmunk downloads page. No Comments yet
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