People are tired of the ETH`s dictatorship, so many scammy ICOs, so many thefts. If music industry really needs blockchain technology for streaming and paying artists, we need new independent blockchain. Musicoin is definetly what we need, it does not compromise the technology of blockchain and gives the musicians real opportunities. Someone talks about hyperinflation - relax, its a matter of time, difficulty grows. With growing adoption you will see that total musicoin supply is not enough!
Yes, the hyperinflation argument needs addressed: If there were 1 million Musicoin users, listening to 5 songs a day, at 1 Musicoin per listen, that equals almost 2 billion Musicoins for just one year (1.85 billion). The difficulty bomb is already coming up for Musicoin, so it remains to be seen how these coins might be fractionalized. But, it doesn't seem that hyperinflation is really the problem, except for maybe the lack of it!
Musicoin should have stayed on the ETH platform instead of forking ETH itself. Some of the world's most brilliant minds are working for ETH to improve the blockchain capabilities and fix bugs. Who will provide these updates to the Musicoin blockchain? Will the Musicoin devs undertake the herculean task of replicating ETH's development and roadmap?
I think the problem with the existing ETH platform is that there will just be too much on it, and it will be easier in the long run to run a separate blockchain. Musicoin is in the Ethereum Enterprise Alliance, so it will get all the benefits of updates, knowledge, etc.