Dirt Radio gives SHVL coins to registered user for listening and interacting with Dirt Radio.
This is a term that refers to receiving SHVL coins for listening to music.
Each time you listen click on the ‘Mine Your Music’ button located on the Dirt Radio player a new ‘music mining’ session will begin.
A ‘music mining’ session is 2 hours, although sessions times may be adjusted by Dirt Radio.
The number of SHVL coins you receive largely depends on how often and how long you listen to Dirt Radio. This is defined by a ‘mining session’.
Yes, it may be possible to receive additional SHVL coins for sharing Dirt Radio, interacting with the Dirt Radio website and volunteering information that will help advertisers to better tailor their content to you.
The value of a SHVL coin tied to the value of Dirt Radio and yet to be determined. Essentially, the more you and your buddies listen = the more Dirt Radio grows = the more your SHVL coins will be worth.
A SHVL coins valuation is equal to the prorated percentage of SHVL coins outstanding times half
of Dirt Radios valuation (as determined by normally acceptable accounting
standards).
Equation
SHVL coins earned / SHVL coins outstanding x ½ Dirt Radio’s value.
Note: This value may be higher or lower than what is offered by a buyer on a secondary market
(if available) or as offered for goods and services in a store (if available).
Although a secondary market does not currently exist for SHVL coins, it is the intent of Dirt Radio to file White Papers on a blockchain. In this event it is the intent of Dirt Radio to provide for the conversion of your SHVL coin to this newly created cryptocurrency.
At present, SHVL coins may not be spent or redeemed. However, along with creating a cryptocurrency, Dirt Radio intends to formulate a store where you may purchase items with SHVL coins.
© 2024 Dirt Radio, LLC All Rights Reserved.
Contact Us