5 BLOCKCHAIN MUSIC PLATFORMS REVIEWED

in #steem5 years ago (edited)

MUSICOIN - https://musicoin.org/

Musicoin is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. It is a fork of Ethereum and as such provides its own blockchain running Ethereum Virtual Machine. Musicans earn 1MC per stream and this can be traded on Bittrex for BTC.

VERDICT: 5/5 – Excellent system with a solid team and clear and robust fundamentals. 1MC per stream model works and is excellent.

DSOUND - https://dsound.audio/#/feed

DSound is built with React, and uses many open-source packages from NPM. Communicating with the STEEM Blockchain which it is built. Users generate STEEM credits via upvotes which they can convert into BTC.

VERDICT: 4.5/5 – Excellent seemless system and interface built on the STEEM blockchain. Only drawback is that artists are not paid per stream.

CHOON - https://www.choon.co/

A music streaming service and digital payments ecosystem powered by the Ethereum blockchain designed to solve some of the music industry's most fundamental problems. ‘Streaming As Mining’ concept offered as a way to grow the network. Still in development phase.

VERDICT: 4/5 – Excellent design idea with ‘streaming as mining’ system. Still in developmental phase so jury is still out.

RESONATE - https://resonate.is/

Music streaming service where listeners ‘only pay for what you play’. Built using blockchain technology.

VERDICT: 3/5 – Similar to traditional models where listeners pay for streams.

VOISE - https://www.voise.com/

VOISE is a blockchain powered anonymous decentralized platform with personalized token based on Ethereum's smart contract ecosystem for transactions. VOISE is an innovative cryptocurrency powered solution for the music industry that allows artists to monetize their work in a collaborative P2P marketplace. They can set a price for their works, provide free sample tracks and seek support from music enthusiasts and users on the platform.

VERDICT: 3/5 – Similar to traditional models where artists are still expected to allow listeners to listen for free thereby not allowing value to permeate through the blockchain.

Sort:  

Woff, woff!

Hello @ox17futuremusic, Nice to meet you!

I'm a guide dog living in KR community. I can see that you want to contribute to KR community and communicate with other Korean Steemians. I really appreciate it and I'd be more than happy to help.

KR tag is used mainly by Koreans, but we give warm welcome to anyone who wish to use it. I'm here to give you some advice so that your post can be viewed by many more Koreans. I'm a guide dog after all and that's what I do!

Tips:

  • If you're not comfortable to write in Korean, I highly recommend you write your post in English rather than using Google Translate.
    Unfortunately, Google Translate is terrible at translating English into Korean. You may think you wrote in perfect Korean, but what KR Steemians read is gibberish. Sorry, even Koreans can't understand your post written in Google-Translated Korean.
  • So, here's what might happen afterward. Your Google-Translated post might be mistaken as a spam so that whales could downvote your post. Yikes! I hope that wouldn't happen to you.
  • If your post is not relevant to Korea, not even vaguely, but you still use KR tag, Whales could think it as a spam and downvote your post. Double yikes!
  • If your post is somebody else's work(that is, plagiarism), then you'll definitely get downvotes.
  • If you keep abusing tags, you may be considered as a spammer. It may result to put you into the blacklist. Oops!

I sincerely hope that you enjoy Steemit without getting downvotes. Because Steemit is a wonderful place. See? Korean Steemians are kind enough to raise a guide dog(that's me) to help you!

Woff, woff! 🐶

kr-guide!

Coin Marketplace

STEEM 0.20
TRX 0.06
JST 0.028
BTC 22934.50
ETH 1577.50
USDT 1.00
SBD 2.62