Musicoin - Review
The MUSIC is a brand new cryptocurrency. It has made its appearance on 18 March and was accepted by Bittrex on 04.10.2017. Let's take a closer look at this coin.
Musicoin
The Musicoin (MUSIC) is a global project that aims to provide the most equitable platform possible for artists. The principle is that the productions will be rewarded to the number of view by MUSIC token (1 play = x amount of musicoin). Unlike youtube which gives practically nothing to the artists for the number of views, the musicoin aims to remunerate the views at least 10x more than youtube currently. In addition to the views, there is also a tip option with which people can give 1, 5 or 10 MUSIC to their favorite artist.
I invite you to go take a look by yourself on musicoin.org as a listener or an artist. I find that there would still be some changes to make it more userfriendly but globally what I saw packed me. And I think that everything will go in the direction of a better pay for the artists is always good to take.
"Musicoin will bring a level of transparency and fairness to the music industry that has never been seen before! It has the potential to completely change the way we consume music."
― Alan Cross, A Journal Of Musical Things
Speculation
Here's the Bad Crypto podcast that got me interested in Musicoin and Musiconomi:
Hi @lastminuteman ! Cool article you wrote that I just saw 4 months too late!:-).
We also have some interesting news about Musicoin:
Graphic from the “Rock the Blockchain” mix. The mix contains 15 EDM tracks of various genres, Hard Electronic, Dubstep, Hardstyle, Hard Bass, Jungle, Drum and Bass, Hardcore Techno, Shamancore, Tekno, and Ambient, by artists Counterstrike, Satroniq & DJ Delirium, Teknoaidi, Subterranean, Cap, M27, Harhor and Deadly Buda.
Thanks for the Musicoin details. I find that there is a lack of current analysis on this crypto, but yours is helpful.
Nice, I'd like to read more about Musicoin. Very interesting crypto.
Thanks for spreading the word of this platform! I a musician and it's great it as change my life! you can check my musicoin profile! Thanks for listening!https://musicoin.org/nav/artist/0x2845514cc8420c92c3406fca65ae99c4211a5ea0
Thanks for sharing ! I'm 1 of the ambassadors for Musicoin. To add to what you explained, tips go from 1 to 1000 coins at once. These are making a huge difference for artists 👍
I am a musician as well as a promoter of independent musicians and am now using the platform.
It has its teething problems but the devs seem really responsive and I am very excited about the future for us independent musicians.
Maybe, just maybe, we can earn a living from our art at last!
You can see there has been a lot of interest lately too! https://coinmarketcap.com/currencies/musicoin/
Can you put cover songs on Musicoin? Will some copyright thing from record labels step in and take part of the cover songs revenue?
No, you cannot put cover songs on Musicoin. I wish you could. I just put mine on Soundcloud.
I've been uploading a lot of my old songs to Musicoin lately in order to squeeze cash out of it. It reminds me of the old site MP3.com which I used in the '90s.