6 Songs at AmieStreet.com

I have uploaded 6 songs to AmieStreet.com. This is a music downloading site that has a very interesting approach to rewarding music buyers and to helping unknown artists get recognition for their music. When a song is first uploaded by an artist to AmieStreet.com anyone can buy it for free, but as more people buy it, the purchase price of the song rises. For example, the first 14 buyers will get the song for free, but the 15th buyer will have to pay 1 cent (since the song is now a bit more popular). The 30th buyer will have to pay 20 cents. The highest price for downloading any song is 98 cents, which occurs after 84 purchases of that song. So each song's purchase-price automatically rises (from free to a max of 98 cents) based on demand, but that's not all. Buyers are rewarded for recommending songs to the AmieStreet listener community. Every time a purchaser recommends a song, the recommender gets CREDs, which are credits toward purchasing other songs. The amount of CREDs a recommender receives is based on how much a song has advanced in price since that buyer recommended it. In general, the recommender gets half the difference between the price at recommend-time versus the price at CRED redeem-time. For example, if a buyer recommends a song when it is worth, say, 20 cents and spends the earned credit when that song has advanced to selling for 50 cents, then the recommender receives half the difference, which in this case would be: ½ (50-20) = 15 cents. As a special bonus, a listener who recommends a song when it is selling for free will be able to redeem the most CREDs when the song has advanced in popularity to being sold for the top price (98 cents). In this special case, the recommender earns all 98 cents. So recommenders are rewarded the most for recommending songs that are least well known. At the same time, artists essentially give away their music (for free) while it is unknown but start to earn some income as the price rises (based on number of sales). What keeps a recommender from recommending lousy songs? Well, lousy songs probably won't advance in popularity so the recommender would not get any CREDs and recommenders are rewarded the most for "discovering" unknown songs that will become popular. How does AmieStreet.com itself make any money? They pocket the first $5 of the sales of each song and 30% of each sale thereafter. As you can see, the whole approach is rather ingenious. You can get my 3 songs downloaded for free (or for dirt cheap) if you go to AmieStreet.com as soon as possible and buy them before they get popular. The 3 songs are: Earthsong, Do You Want The You, and It's Your Soul, Oh Margot.

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