Musicoin has the potential to become the new Soudcloud
I found out about Musicoin in August 2017, thought it was the only cool project I wanted to invest in the blockchain ecosystem. Mine it since November.
The cost is assuming by miners and not listeners and as the coin gains in value they will decrease the amount of MC per stream to always sustain a 0.02$-ish stream.
You'll have more details in the white paper, and I believe a new whitepaper (V3) is about to be announced to show what the Proof of sharism will look like (people who share music gets rewarded for doing so) and they will present (I hope) other stuff too (new platform, new features etc).
Thanks @Mar-T for sharing the white paper
I like the idea but agree with @Asterios-Papastamatakis we need to release a fully working product otherwise we're going straight to a catastrophe.
At some point, I guess the musicoin team we'll need to market the platform and negotiate deals with labels to attract both listeners and famous artist.
I would love to see Sum41 listed on musicoin too btw...
Just came across this awesome news from Ubisoft (who I used to work for) - http://blockchainheroes-ubisoft.com/en/home/
I think this is a terrific occasion to help indi video games gets more revenue from video games music. That is something pascal guyon is working on with a project of his own.
It could be also a new way of getting recognition and spread the love on the whole project.
Musicoin team, what do you think?