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Author Topic: [ANN] Musicoin is here ("No premine,no ico,no bounty") )  (Read 27945 times)
yummyberries
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February 03, 2017, 03:25:39 AM
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World’s first smart cryptocurrency for music !




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










Today we are excited to announce the launch of the Musicoin Blockchain: the world’s first blockchain designed specifically for music licensing and consumption. Starting today, it is open to miners to create the coins from zero to hundreds of millions every year.

The Musicoin Blockchain will be the foundation of a larger project called Musicoin, which will allow musicians to independently license and release their music such that each playback will trigger a payment from the listener directly to the musician. Payments are nearly instantaneous and can be automatically divided and distributed to all contributors, such as band members, songwriters, and producers.

Proven by Bitcoin, blockchain technology has boundless potential — from cryptocurrencies to supply chains to banking to property titling. Blockchain-based solutions have the ability to decentralize cybersecurity and revolutionize many industries, and the 100-year-old music industry is clearly in need of such a revolution.

Unlike most blockchains, Musicoin has not pre-allocated any funds to the founding members. Instead, 100% of the coins will be mined by the community, starting from today. The blockchain was built upon existing technologies from Bitcoin (1G), Ethereum (2G) and other security measures customized for music licensing, development and consumptions. So it’s a 3G blockchain technology.

Musicoin’s blockchain generates 314 coins per block every 15 seconds to meet the micropayment needs for music consumption. With smart contract technology, the blockchain can run a special machine code called a Pay-Per-Play license (PPP). Whenever (and wherever) a track released by a musician is played the PPP license code will be triggered and the payment from the listener will be automatically divided and distributed according to the terms of the PPP license. These transactions will form what we call the music economy, or Musiconomy.
Smart Payment and Distribution

An example PPP contract, the percentages shown are for illustration purposes only. Distribution can be configured separately for each track.








Musicoin is exciting because it recognizes that musicians and listeners are the only two groups of people that are absolutely required to be involved in the process of sharing music. By designing a system around those two core elements, you end up with something that is simple, elegant, and in hindsight, totally obvious.

    - Dan Phifer, Chief Engineer, Musicoin










The launch of the Musicoin blockchain is just the first step of the whole Musicoin ecosystem and new Musiconomy. As the foundation, it will support many new layers of innovations — from tools allow musicians to release their music onto the blockchain, to apps that allow listeners to discover new music, to new gadgets that plug into Musicoin directly — allowing listeners to enjoy music when and how they want, while still ensuring musicians are compensated for each and every play. The only limitation will be our imagination.
Layers of Musicoin Ecosystem





Whether you are familiar with blockchain technology or not, you can take a glimpse of the Musicoin blockchain, via http://orbiter.musicoin.org, to see how the blockchain network is growing.










                   









Block frequency: 15 seconds/block
Coins per block: 314 MC
Network ID: 7762959
Currency symbols: Musicoin (MC)
Economy: Musiconomy (no halving )
Pre-allocation: 0 (100% goes to miners)
Genesis: Feb. 11th, 2017 (No ICO)
Hash algorithm: ETHash
Smart contract: Enabled with EVM


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Coin_trader
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February 03, 2017, 03:30:36 AM
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welcome to the forum Grin
i suggest you must add more good graphics that will catch the attention of the readers and fill it out with more essential informations needed or might ask you by the traders and investors and if you are planning to have an ICO, make sure to get some trusted escrow.

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February 03, 2017, 03:32:23 AM
 #3

musiccoin had  existed

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February 03, 2017, 03:34:57 AM
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any website?

yummyberries
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February 03, 2017, 04:02:48 AM
 #5

Thanks all, the white paper: 

https://medium.com/@musicoin/musicoin-free-creations-while-rewarding-creators-2832f7d2bd33#.kfb5w5vlm

re: coin_trader, sorry it's embarrassed I'm not being able to post image yet as newbie to this forum.
yummyberries
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February 03, 2017, 04:08:48 AM
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what do you mean?
Musicoin.org is under our development, not from others.

musiccoin had  existed
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February 03, 2017, 04:30:21 AM
 #7

AudioCoin and Aurovine have been working on a similar concept for quite some time now and the team is busier than ever before with about a dozen new things in the works. May be worth looking at their projects before you get too heavily involved in this...
yummyberries
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February 03, 2017, 05:11:05 AM
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AudioCoin and Aurovine have been working on a similar concept for quite some time now and the team is busier than ever before with about a dozen new things in the works. May be worth looking at their projects before you get too heavily involved in this...

Thanks for sharing, sadly they are not in long term commitment. We believe Musicoin has totally different concept than a coin, it's linking to music playback, which is called PPP(Pay-Per-Play), means every music consumed with a coin.  We dedicate to this project from since months ago, the blockchain is just a first step. A full stack of middleware and applications are in queue.
stoner19
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February 03, 2017, 04:39:15 PM
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AudioCoin and Aurovine have been working on a similar concept for quite some time now and the team is busier than ever before with about a dozen new things in the works. May be worth looking at their projects before you get too heavily involved in this...

Thanks for sharing, sadly they are not in long term commitment. We believe Musicoin has totally different concept than a coin, it's linking to music playback, which is called PPP(Pay-Per-Play), means every music consumed with a coin.  We dedicate to this project from since months ago, the blockchain is just a first step. A full stack of middleware and applications are in queue.

On the contrary, they most certainly are a long term project/commitment/business. Either way, best of luck to you with your project.
sanas
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February 03, 2017, 04:51:50 PM
 #10

Make your first page more attractive, it looks like a schoolboy prank. The more information, the more you will have attention and fewer questions.

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February 04, 2017, 06:57:43 AM
 #11

add some information will make people ask what the purpose of this project. as if seen from a cursory enough to attract attention.

AUGMENTORS ICO JAN 30 2017
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February 04, 2017, 06:59:49 AM
 #12

musiccoin had  existed

lol it's MUSI COIN

not

MUSIC COIN

 Grin

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🌟 æternity🌟 blockchain🌟


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February 04, 2017, 07:49:10 AM
 #13

Is Musicoin (the codobase) based on Bitcoin?








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Unchained Smart Contracts
Decentralized Oracle
Infinitly Scalable
Blockchain Technology
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State-Channels



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❱❱ WHITEPAPER
❱❱ TESTNET
yummyberries
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February 04, 2017, 08:30:31 AM
 #14

Thanks, guys, we are going to release the newly designed page. So far, it's more technical. 

Btw, it's not based on Bitcoin, but Ethereum mutant.
yummyberries
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February 04, 2017, 08:40:28 AM
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"Pay-Per-Play(PPP) is a social consensus to enable a close circuit between the pair of music sharing and consumption. The design is based on [Sharism Philosophy](https://en.wikipedia.org/wiki/Sharism). With PPP, musicians can publish their musical works with a smart contract, which will be triggered by any request of consumption and complete a payment to musician based on the terms. PPP regulates how musical works are licensed and paid to creators, and eventually scale up to be a music economy(aka Musical Economy).

Backed by PPP, Musicoin will be a valuable currency bonded with music consumption. So the value of Musicoin will be assured and stabilized by demands. Since the default PPP payment is one coin per playback, the coin price will prone to be 0.01USD/coin(in today's music stream price in music industry). " --- https://github.com/Musicoin/Introduction/wiki/Pay-Per-Play(PPP)
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February 04, 2017, 08:49:49 AM
 #16

are you going to establish a site in which we can play your songs and we can earn some of your coin as the method of pay-per-play?
aside from that, what are your method of distribution, are you going to have an ICO? if yes then get a trusted escrow.

yummyberries
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February 04, 2017, 01:17:23 PM
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are you going to establish a site in which we can play your songs and we can earn some of your coin as the method of pay-per-play?
aside from that, what are your method of distribution, are you going to have an ICO? if yes then get a trusted escrow.

Soon the next release will be a site call Music Catalog to include all listings of music.  Users can play and tip the musicians, and/or individual songs.  

No ICO, since there's no pre-allocation. The first day of genesis will be open to every miner equally.
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February 04, 2017, 02:02:14 PM
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Very nice project planning for a fair lunch and website seems really getting ready for the general masses which is one key to success. As I understand this is a self-funded right? You aim to let world understand the new paradigm model-sharism, which mechanism easy to explain. So I guess you just need much social media exposure and transition for non-crypto people. Goodluck and hope early stakeholders get in.

yummyberries
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February 05, 2017, 10:48:53 AM
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Very nice project planning for a fair lunch and website seems really getting ready for the general masses which is one key to success. As I understand this is a self-funded right? You aim to let world understand the new paradigm model-sharism, which mechanism easy to explain. So I guess you just need much social media exposure and transition for non-crypto people. Goodluck and hope early stakeholders get in.

thanks, it's now self-funded project, we definitely need some more resources to expand it's influence, but money making is not first goal for sure. Please kindly help spread the word.
mightybohemoth
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February 05, 2017, 03:29:05 PM
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Very nice project planning for a fair lunch and website seems really getting ready for the general masses which is one key to success. As I understand this is a self-funded right? You aim to let world understand the new paradigm model-sharism, which mechanism easy to explain. So I guess you just need much social media exposure and transition for non-crypto people. Goodluck and hope early stakeholders get in.

thanks, it's now self-funded project, we definitely need some more resources to expand it's influence, but money making is not first goal for sure. Please kindly help spread the word.

Yes why not, I've already bookmarked and followed this on twitter. Hope in a month or two you can allocate some musicoins for campaigns because thats one of best tool here for promotion.  Smiley

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