[ANN] Musiconomi - A New Music Economy That Works for Everyone (MCI)

[CryptoPedro]

OFFICIAL UPDATE:
Moved to new ANN thread






A Global Music Economy That Works for Everyone!

Musiconomi will reshape the way listeners and musicians engage, building on the capabilities made possible by the Musicoin blockchain. We envision a rich ecosystem where sharing and promoting great music deserves its own reward and where artists can incentivize social sharing to suit their needs.

The new token - Musiconomi (MCI) - is designed to make this type of system possible through a unique revenue sharing model. The new suite of features including playlists, streaming radio, virtual merchandise/ticket storefronts, and others will be available to token holders, enabling them to generate and earn revenue.

Musiconomi will continue to use the Musicoin blockchain and currency for payments, as Musicoin is intended to be a stable and spendable currency supporting pay-per-play transactions.

Power from the People
Artists, you probably already know that your fans are one of your biggest assets, but what if you could actually reward them for their support? By having a simple mechanism to incentivize social sharing and exposure, you will finally be able to give back to your biggest fans, and your fans will have a whole new way to get involved.

On each track, artists will have the ability to adjust how much they want to allocate for sharing rewards. New artists can fuel social sharing by giving a higher reward, while more established artists may choose to keep more of their revenue.



Who's the Biggest Fan?
Music enthusiasts, you probably already seek out new music and share it with your friends, acquaintances, and just about anyone who will listen. Discovering a new favorite artist is exciting, but also hard. Sharing your discoveries is critical to the artist, especially for independent artists that do not have a dedicated media team. Now, using your MCI tokens, you can continue to spread great music to your communities and be compensated for your effort.

Better for Everyone
Not into sharing? That's cool, too. Everyone will benefit from the increased involvement from music enthusiasts. By allowing greater participation from fans, backed by a commitment in MCI tokens, great music from all over the world will be found, shared, and enjoyed. So, even if you're just looking for some new music, Musiconomi will provide an experience you cannot find anywhere else.




Read more on the official site...


Information

Token Symbol: MCI
Official Website: https://musiconomi.com
White Paper: https://cofound.it/en/projects/musiconomi/
Pre-sale Registration Deadline: CLOSED
Crowdsale Date: COMPLETED 8/31/2017


Project Updates:
October 12, 2017 - Moved discussion to new ANN thread
October 7, 2017 - Musiconomi Signs on to Project Transparency
October 6, 2017 - Week 5 Update
October 2, 2017 - ERC20 Token Locker
September 30, 2017 - Week 4 Update
September 10, 2017 - Payment Models Update
September 2, 2017 - Crowdsale Stats
August 31, 2017 - Crowdsale Hard Cap reached!
August 23, 2017 - More Crowdsale Details
August 22, 2017 - Musiconomi Crowdsale FAQ
August 20, 2017 - Musiconomi 101 - Fundraising Campaign Tools
August 18, 2017 - Musiconomi 101 - Blogging Tools
August 17, 2017 - Musiconomi 101 - Social Sharing
August 14, 2017 - Musiconomi Crowdsale Date Announced
August 8, 2017 - Musiconomi 101
July 31, 2017 - Live Q&A with Musiconomi
July 24, 2017 - Musiconomi FAQ (Part 1)
July 23, 2017 - Musiconomi, Pay-per-play, and Subscription Models
July 18, 2017 - Musiconomi Announces First Strategic Partnership With Substream
July 11, 2017 - The Musiconomi (MCI) Token Utility — A Closer Look
July 10, 2017 - Pre-sale Signup and Promo Video
July 05, 2017 - The Musiconomi Crowdsale and MCI Value Token
June 19, 2017 - Announcing The Musiconomi Project



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[P E K K A]

Reserving indonesian translation if needed

[rchstr]

Hi I want to reserve Filipino translation if needed. Thanks and Goodluck to your project.

[koko UK]

if you need french translation,you can pm me

tank you

[CryptoPedro]

Just a heads up that we are not doing a bounty program for translations. But thanks for all of the interest!

[PinkB]

Looking promising project. Whats about the bounty campaign? Do you plane for bounty campaign about this awesome ICO? Waiting for more information also waiting for bounty campaign. Hope there will be a bounty campaign for bounty lover.

[losoya]

So who is the developer of this coin?
Can you give me a link so I can contact him?

[jaceefrost]

Well this is something that I'd be interested with but I haven't read fully what this is. Giving more info on the ANN will be nice. There are already plenty of coin related to music but I never really put my interest on it. Maybe a new one might.

[kaconk]

Interesting..

#ICONOMI
#Cofound.it
#Musicoin
#musiconomi

[CryptoPedro]

Very interesting idea! I'm waiting for more news. Also can we buy MCI for musicoins?

The MCI crowdsale will only be accepting ETH, much to our chagrin. We debated using MUSICOIN (similar to the way MGO used GAME) and really wanted to but CoFound.it advised against a split-chain crowdsale.

[JosephTam]

Any bounty campaign?

[Mgrover]

Hi I want to reserve Indian (hindi) translation if needed

[CryptoPedro]

Any bounty campaign?

No, there will be no bounty campaign. Nor are translations needed.

[CryptoPedro]

Updated the original post with a new blog article diving into some of the uses of MCI tokens on the new platform! It's a great read, so check it out!

July 11, 2017 - The Musiconomi (MCI) Token Utility — A Closer Look

[madfox11]

You`re going to run on Musicoin`s blockchain, so what about MC-MCI market?

[CryptoPedro]

You`re going to run on Musicoin`s blockchain, so what about MC-MCI market?

That would actually be an excellent suggestion for a future token utility project. We are building in a mechanism for users to propose projects exactly like this for the team to work on (when bandwidth allows) that will benefit both the users and the platform. Check out the TOKEN UTILITY section of the business plan linked at the very bottom of the CoFound.it page here: https://cofound.it/en/projects/musiconomi/

"As Musiconomi builds and expands the platform, the MCI token will gain new functionality. This section describes several uses of the token that we see as particularly compelling. Community feedback will be critical to help shape these ideas and suggest new possibilities. To help facilitate and organize the feedback process, each use case is referred to as a “Token Proposal” and follows a particular format. Community members that would like to suggest new ideas should use this format (or suggest a better one)."

[ChromaticStar]

So in order to be eligible for the pre-sale, all you need to do is register your email and have 5000 CFI tokens in your ether wallet? Will there be any bonus tokens for early supporters?

[stripykitteh]

A new music economy that works for everyone!

Musiconomi will reshape the way listeners and musicians engage, building on the capabilities made possible by the Musicoin blockchain. We envision a rich ecosystem where sharing and promoting great music deserves its own reward and where artists can incentivize social sharing to suit their needs.

The new token - Musiconomi (MCI) - is designed to make this type of system possible through a unique revenue sharing model. The new suite of features including playlists, streaming radio, virtual merchandise/ticket storefronts, and others will be available to token holders, enabling them to generate and earn revenue.



Musiconomi will continue to use the Musicoin blockchain and currency for payments, as Musicoin is intended to be a stable and spendable currency supporting pay-per-play transactions.

Read more on the official site...

Information
Official Website: https://musiconomi.com
Token Symbol: MCI
Pre-sale Registration Deadline: July 16th
Crowdsale Date: 'End of July' (exact dates coming soon!)
Cofound.it Priority Pass: Must have 5,000 CFI tokens to be eligible


Project Updates:

June 19, 2017 - Announcing The Musiconomi Project
July 05, 2017 - The Musiconomi Crowdsale and MCI Value Token
July 10, 2017 - Pre-sale Signup and Promo Video



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Why do you need to have a crowdsale in order to launch this project? If you really could build the technology to revolutionize the music industry then why do it? Everyone has a plan to do something though when they get stuck on something they quit instead of trying to find another method to it.

What you are presenting is that you are willing to reshape the way listeners and musicians engage things only if a bunch of people give you money.

[tigerMJyang]

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin??

How much I play one song in musiconomi App?

[CryptoPedro]

So in order to be eligible for the pre-sale, all you need to do is register your email and have 5000 CFI tokens in your ether wallet? Will there be any bonus tokens for early supporters?

You can access the pre-sale either through signing up to the mailing list before the 16th (thereby becoming part of the Musiconomi early access community) OR also by having CFI tokens and having Priority Pass access. You don't necessarily need to have both. If you have the required amount of CFI, you can check their new dashboard for more info.

There will be no bonus tokens or discount rates. We are trying to make it fair for everyone. And since this isn't some scam-coin project that's going to take your money and run, we don't feel the need to pressure people to dump their money on day one due to a fear of missing out.