Actually there is quite some news to share from the last 2 weeks. The news is not huge but it is more than enough imo to confirm that the project is very active, is setting up and taking the right steps to build up the foundation.
Most of the info is on their blog (
https://medium.com/@info_62555) and new discord community channel. Also on their official twitter.
- Tokens have been burned as promised. Cryptocompare still has the wrong volumes but coinmarketcap has adjusted the volumes.
- Roadmap progress has been updated
- Community manager is on board, new developers are being hired in Poland (team is first relocating there in a few weeks)
- Advisory board start-up and first advisor is on board.
- The first artists should be announced in the coming weeks (confirmed on discord). Will be smaller artists for what I read but its a nice step into making the connection with players in the industry itself.
- New communication channel on discord
I've also asked the team on discord if they would set up a streaming service in the future (think for example of the 'all-you-can-stream' monthly subscriptions on Apple music or Spotify) and they confirmed they will look into a streaming option in the future (IMO a quite important decision since a lot of the music industry revenue comes from streaming instead of per unit or per album buys)
They confirmed on discord they will also apply for binance in one of the monthly coin community contests and they are also in the voting list of C-Cex now.
To be honest I'd be surprised if they would win these votings right away at this point in time because there are several bigger coins to be listed still if I'm not mistaking.. but the fact that they are listing up for votes atleast shows the right intents. Meanwhile we'll have to be happy with Hitbtc I think :-)
Anyways, these steps and the improved communication lines with the community were quite necessary... I think this might explain the price increase
