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RE: Musicoin: A Fusion Of Music & Block chain Technology
I don't understand your question. PPP is extremely simple. The proceeds from the play of a song are split according to the smart contract specified in the license agreement. What is the problem?
I understand that PPP is extremely simple. However, my point had to do with its defect as a piece of a business model in an industry where genius may be excluded from participating, simply because they/he/she opts out as not agreeing to "Sharism."
The PPP (via smart contracts) reference in the Whitepaper allows for adjustments so that the percentages could be radically different than the post-diagram which excluded such a possibility. Still, it is vague all around. A primary emphasis in the Whitepaper was the failure of systems that went before. What I explained would allow Musicoin to CUSTOMIZE the "smart contracts" instead of one-size-fits-all.
Customizing is the salient point and upon which the discussion lies. Therefore, not to appear to be a Wisenheimer, "What's the problem?"