The PurpleCoin Medallion is a fashionable, wearable crypto investment that supports the PurpleThrone royalty eco-system we use to remunerate Independent musicians all over the world. We designed The PurpleCoin Medallion to be fashionable and a symbol of PurpleThrone’s core beliefs. We believe Independent musicians should never be second class and always be rewarded based on the merit of their work.
PurpleThrone is the only music streaming platform where Independent artists earn guaranteed royalty payments. Thanks to the power of the PurpleCoin. PurpleCoin is the engine that powers our royalty payments system. PurpleThrone serves musicians around the world with one of the strongest digital royalty systems in the industry.
PurpleCoin Medallion owners always have the option to cash-in or exchange their medallion for cash based on the current value of PurpleCoin. Each Medallion has a different Pre-installed PurpleCoin amount. Before you purchase, verify how many PurpleCoin’s are pre-installed on your Medallion. Visit Purplethrone.com to get the up-to-date PurpleCoin value.
Blockchain technology is literally a string of connected “blocks” that make up one long “chain.” It’s the magic formula for a global, decentralized, and transparent system. Think of it as a giant accounting ledger that keeps track of all commerce around the world. So yes, every-time you make a purchase any where on earth, it goes into this encrypted ledger. A world-wide team of volunteers, verify each transaction before making it an official block on the chain. Every volunteer has to solve a sophisticated mathematical problem before their block can be added. This global system of “volunteers” makes the system virtually impenetrable for hackers. With the infusion of “Smart Contracts,” we no longer have to depend on humans to carry out whatever we want. With smart contracts, you can precisely leave your great, great, great, great grandkids a boat load of money and instructions on what to do with that money!
PurpleCoin is an open source cryptographic token wallet. PurpleCoin is non-inflationary, fractionally divisible and of fixed supply. The Ethereum blockchain network utilizes a verification methodology, which allows PurpleThrone to distribute equity to millions of artists and investors world-wide.