Musicoin ($MUSIC)
Free music with blockchain.
0 followers
Free music with blockchain.
0 followers
$MUSIC is a currency for (new) music industry. It's designed to reward musicians based on Pay-Per-Play model. Musicians will receive 100% of the income without concerning the big cut by intermediaries in conventional models. To music listeners, a UBI(Universal Basic Income) scheme can subsidize all paybacks without paying for subscriptions.
The potential end results of Musicoin is no minor thing, because even partial success is a revolution in the music business.
UPDATE
Although I am a totally unknown artist, I've been on Musicoin for a few months now and have made hundreds of dollars in plays and tips. I'll testitfy: "Musicoin Rocks!"
Pros:Simplicity of the Sharism model. Making money from making music. Ease of use.
Cons:It is not a finished product. Have to wait for the final results.
I've been following music blockchain for a while, for the potential of smart contracts to make its impact on music distribution. Most (actually all except this) are in development (with ICO launches) and I'm super excited that $Music is the only one that is ACTUALLY live, working, which is a major step forward. In addition, the philosophy of Universal Basic Income for musicians is very intriguing, helps provide free music to listeners and ensure musicians get paid fairly too. And I love the team's "do" mentality. $MUSIC could use some loving from developers, and also awareness. Check it out, especially if you love music.
Pros:Transparency & fairness for musicians, free music for listeners, great community for developers, crypto ppl... and actually live, it works!
Cons:Needs more awareness
Definitely listen to the music on Music. You won't regret it, You have my words.
Pros:The only cryptocoin that is backed by something valuable.
Cons:Wallet synchronization is time consuming. Though it can be solved by using online wallet like MEW.
the whole thing is new and its going to explode as musicians eventually understand the potential of this tool that gives their music directly to the listener and the listener pays directly the musician without mid people and companys .. if you want to know about it.. google it and you will understand... search and ask :)
Pros:its the future of music given back to musicians
Cons:no cons.. the whole thing is new and everything is updated all the time..
I've been on musicoin for around three/four months. The music community is supportive of each other, which I think is of great value and a sign of it's future potential. It is still in a developing stage but just after a few months I can see that it works, it can be a real future for music. I'm sold on it.
I'm a newbie to crypto currencies and at first I didn't understand how this would work. Who would pay anything, even crypto currency, for music these days when it's free... was my thinking.
After a few months i see clearly how it could really thrive and create a new environment for sharing that works both ways, such as, listeners being rewarded, sharing coins with the listeners, curators of playlists, musicians rewarding one another and so forth.. it could be a nearly self sustaining ecosystem of music listeners and artists.
I also work in publishing/licensing.. I can't wait to see what this could do in that side of the industry... the way the money moves is absolutely baffling, I don't know how anyone could track it or understand it.
Musicoin has really opened up a lot of possibilities in my thinking of how the music industry could be revolutionized.
Pros:Gives music value again with a much need transparency in the industry
Cons:The platform is growing but still in development
I hope to this project get more visibility in the near future, especially on the indie music stage. I hope to see this project gets bigger and bigger
Pros:it gives fair price for music creation
Cons:no visibility yet
revolution and freedom to the music industry
Pros:Transparency
Cons:need mass adoption