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1May 2017
AppleBytes Comments Off on ArtByte 3rd Anniversary & Future Development Plan

ArtByte 3rd Anniversary & Future Development Plan

Our first 3 years

ArtByte is 3 years old today, launched on May 1st 2014. We are excited about our growth and acceptance by the art community. In the first three years thousands of artists have been supported with gifts or tips from our Twitter App, which allows fans to tip any artist anywhere in the world, with ArtByte digital currency.

Musicians are taking advantage of the chance to sell their music on our music download site, which allows fans around the world to buy music without a bank account or credit card, paying with ArtByte. Musicians pay nothing to join, never incur any fees and receive 100% of the sales proceeds. ArtByte Music Store will soon start accepting Bitcoin as well.

Our community has truly become a global community of artists and art fans. For example, just last week support or tips were given to a Greek photographer, an Iranian actress, a Turkish dancer, a Scottish actor, an American musician, an Australian dancer, a Peruvian actor, a Chinese musician, a Brazilian writer, just to name a few.

The price of ArtByte, as a digital currency continues to increase, rewarding our miners, investors and traders. ArtByte hit a new high USD valuation in late April and continues to attract investors in the cryptocurrency arena. ArtByte trades on four exchanges in the US, the Netherlands, and Russia, and now trades against the Euro.

 

Development plan for this upcoming year

Lite wallet – With over 3 years of transactions stored in our current Windows, MAC, and Linux wallets, the download takes several hours. So to make it easier and faster for our new users, we are developing a wallet that only stores recent transactions. Of course all transactions are still available in our full wallet for those who want them. And of course, the Lite wallet will continue to include our built-in pool mining.

Improved iPhone wallet – A simpler wallet, designed purely in an app format for ease of use. Like our current Android wallet, this wallet is a simple, clean, fast app geared to mobile users.

Advanced wallet for power users – This wallet is made for traders/investors and will include direct links to all exchanges where ArtByte is traded, links to tools such as our blockchain explorer, news via Bitcointalk, Twitter, Facebook, etc., and of course, our built-in pool mining.

ArtByte Music Store will accept Bitcoins, as well as ArtByte – There are currently no music download sites accepting Bitcoin. ArtByte Music Store is the only site currently accepting digital currency (ArtBytes) for music downloads. So we are adding the ability to accept Bitcoin payments as well as ArtByte.
Our music site will use an API that converts any Bitcoin purchases to ArtBytes, which will be deposited in the musicians ArtByte wallet. The addition of BTC payments will provide an additional service to musicians as well as introducing Bitcoiners to ArtByte.

ArtByte Gallery – The gallery will be a mobile device app unlike anything available today.  Artists will be able to add media showing their work. For example, a painter or sculptor can show a picture of their work, a musician can upload a video or audio file, a dancer can show a video of a recent performance, an actor can post a video clip or their reel, a writer can include the cover and a few pages of their work. All types of artists, around the world can showcase their work. To make it easy for fans to support artists, the Gallery app will include an ArtByte wallet for the user. Also each artist’s post will link to the artist’s ArtByte wallet. So with just one click, any fan will be able to tip any artist directly from the mobile app.

 

Join us today

Have you joined the revolution? Join us, support the arts, tip your favorite artists, buy, sell, or trade ArtBytes, point your miners to one of the many ArtByte mining pools.

It is easy to get started, just go to our main site: http://artbyte.me and click on the areas that  interest you.

10Apr 2017
AppleBytes Comments Off on Why ArtByte for the Arts, why not Bitcoin?

Why ArtByte for the Arts, why not Bitcoin?

I am often asked why not just use Bitcoin to pay artists instead of ArtByte. In fact today some said to me, “Any coin can be used to pay artists. Why ArtByte?”

The reason ArtByte has been able to achieve real user growth is exactly because it is a niche coin. The strength of ArtByte is its social platform focused on artists, and the fact that the ArtByte Foundation is a nonprofit dedicated to solving the age-old problem of low artists’ pay.

I addressed this in more detail when I presented an outline of ArtByte’s Strategic Plan. Below is how one slide from the presentation answered this question:

 

The differentiation of ArtByte as being created specifically to meet the financial needs of artists, is key to gaining acceptance in this nontechnical community.

Social media is the platform of the digital age for promotion of artistic work. In just the first year, ArtByte’s social media community size and engagement was ranked by coingecko.com to be 53% of Bitcoin’s present position.

The early stage of ArtByte, coupled with it’s mining bonus for CPU miners, allows artists and fans to profitably mine from their laptop.

ArtByte is perceived by artists and many in the fintech community as a positive use of Bitcoin technology, free from past negative press.

ArtByte is designed to make sense to everyday users in every detail, and is presented free of technical jargon.

ArtByte is denominated to make sense, allowing for tips of 1000 ArtBytes vs. tips of 0.00429184 Bitcoins. 

 

Main site: artbyte.me

Music site: ArtByte Music Store

30Jan 2017
AppleBytes Comments Off on ArtByte value gains 61% in 2016

ArtByte value gains 61% in 2016

Screen Shot 2017-01-03 at 11.40.00 AM

ArtByte value gains 61% in 2016 in real USD terms

During another year of wild speculation in the blockchain space, two year old Artbyte (the digital currency supporting artists) continues to show solid gains in USD value.

According to the digital currency valuation site Coin Market Cap, ArtByte increased from $0.76 (per 10,000) on Jan 3, 2016 to $1.23 (per 10,000) on Jan 3, 2017, a gain of 61%.

ArtByte (EUR/ABY) trades on the LiteBit.eu Exchange
ArtByte (BTC/ABY) trades on the Bittrex Exchange-BTC/ABY

Main site: http://artbyte.me

3Jan 2017
AppleBytes Comments Off on 2017 New Year Double Tips for Artists & Art Fans!

2017 New Year Double Tips for Artists & Art Fans!

Artists & fans, tip another artist and receive double tips yourself!

Start the new year right, during ArtByte’s double tips campaign!

 

How it works

When you, as an artist or fan tip an artist on Twitter, the ArtByte Foundation will tip you double the amount.

For example, if you tip another artist 200 ArtBytes, the foundation will give you 400!

You can tip as many artists as you like, we will double up to 200 ArtBytes per artist, so you will receive up to 400 back for each tip. Only one tip per artist.

 

Need some ArtByte’s to get started?

We will also give you 200 ArtBytes to get started!

Just tweet the following tweet to @ArtByteMe to get started:

Example: (Note, be sure to type the whole link: “http://artbyte.me” not just “artbyte.me” in your tweet)

screen-shot-2017-01-03-at-3-14-50-pm

Once you have some ArtBytes, go here to learn how to tip: http://tips.artbyte.me/

And your tipping tweets will be like this example:

screen-shot-2017-01-04-at-2-47-11-pm

Want to know more about ArtByte? http://artbyte.me

 

Artists of all kinds (musicians, actors, painters, dancers, sculptors, film makers, directors, photographers, etc) can receive tips, but must have a link to their website (for verification) for the fan giving the tip to receive double back.

You can only tip each artist once, and the double back bonus is limited to five tips per day. So if you tip more than five times a day, you will only get double back on the first five tipped each day.

22Feb 2016
AppleBytes Comments Off on Explaining digital currency to the Layman

Explaining digital currency to the Layman

How are digital currencies created?

Just like physical currencies, digital currencies like ArtByte don’t just pop into existence; they have to be made. In physical currencies, paper bills are printed and coins are minted by government agencies, then distributed into the banking system. In the same way, digital currencies must be created and distributed to users.

For a digital currency like ArtByte, the currency is created by a software application. This software runs on each computer connected to the ArtByte network. All of the computers connected to the network work together, sharing the complex calculations necessary to create each ArtByte, and a certain number of ArtBytes are created each day. This process is called mining, and is not free, as it costs computer power and electricity. To compensate computer owners for their work, ArtBytes are paid to the software users connected to the network.

How are balances kept and transactions processed?

Just like at your bank, your account balance and transactions are stored on a server. At your bank, the bank owns the server. But, as a digital currency, ArtByte’s account data resides on a peer-to-peer (computer-to-computer) network that consists of all the computers logged into the network. This allows for additional security as there is no single server that hackers can attack, and each transaction is verified by all the computers on the network.

Just like logging into your bank account with your browser, you can see your ArtByte balance and spend it using the ArtByte Wallet App. The wallet gives you all the info you need, just like using your browser for banking transactions. The Wallet App is available in several versions: Online, MAC, Windows, Android, and IOS.

 

Learn more at http://artbyte.me

8Feb 2016
AppleBytes Comments Off on What are ArtBytes?

What are ArtBytes?

ArtByte is a digital currency that supports artists of all kinds (musicians, actors, painters, dancers, sculptors, film makers, directors, photographers, etc)

You can think of ArtBytes as digital tokens that fans give to artists they appreciate.  And ArtBytes are more than a token of appreciation, artists can redeem them for cash and gift cards (American Express, Amazon, AMC Theaters, Starbucks, and many more).

Now fans can support their favorite artists with more than just a like or a fav, but with real financial support by tipping them with ArtBytes on social media.

Want to know more? Check out our main website: www.ArtByte.me

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