Hello all,

Just a quick update on this idea. I have registered the domain name: featherlabel.com and am in the process of creating the website.

One feature that I would like to have on this musicians website is to have a 'Featured Feathers' section, where anyone could spend FTC to get their music on the frontpage at either #1,#2,#3. The amount sent for the spot would show up next to it, and if someone else wanted that spot they could 'outbid' them by 10% for the spot, Additionally if you were the original owner of the spot you would be reimbursed your bid +5%. (Think Bitgernade, but with a purpose) The 'Featured Feathers' would be reset to the most played songs/artists on Saturday at midnight GMT. (So when you bid you are guaranteed either a listing through Saturday or your money back +5%)

The website would follow the open model for feathercoin, where we would like people to come in and claim their own space, as long as you are not uploading copyrighted material, you can post any audio file as your 'song'.

I was also thinking that people could send FTC to purchase a 'share' of a song at the price the musician set, in doing so they would be entitled to a % of each additional share sold. So if you like a song you can invest in it, the funds would go directly to the artist.

What do you all think about this idea? Any suggestions/criticisms are appreciated :)

rock on

Kevin