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yugu
Full Member
 Offline
Activity: 238
Merit: 100
^_^
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August 10, 2017, 05:24:35 PM |
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Guys, isn't this logical to make ICO payable in MUSIC coin only?
No btc, eth...
If you are going to use MUSIC for payment in your platform.
Explain, please.
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CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION |
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CryptoPedro (OP)
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August 11, 2017, 03:00:21 PM
Last edit: August 11, 2017, 03:34:06 PM by CryptoPedro |
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Guys, isn't this logical to make ICO payable in MUSIC coin only?
No btc, eth...
If you are going to use MUSIC for payment in your platform.
Explain, please.
The marketcap of Musicoin is simply too small at this point, and running a crowdsale and accepting multiple currencies with a fixed exchange rate is becomes complicated and can be risky (see http://vitalik.ca/general/2017/06/09/sales.html). Given that the crowdsale will not begin until the end of August, we believe this is ample time for participants to plan accordingly. |
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meeekz
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August 16, 2017, 01:09:05 AM |
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What is the min and max for this project? Also, how many MCI per Eth in the presale?
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Kenrich
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August 16, 2017, 01:15:46 AM |
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is there any escrow for this project? and will there be early-bird bonus? besides, when will the token be distributed after ico?
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CryptoPedro (OP)
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August 16, 2017, 01:27:58 PM |
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What is the min and max for this project? Also, how many MCI per Eth in the presale?
At this time our target minimum raise is 3m. Hard cap is a very reasonable 6m. 25m tokens will be distributed amongst all the buyers, so if the hard cap is reached it comes out to 24/6 = 4 MCI per dollar or about 1200 CFI per ETH at the current rate of 1 ETH per 300 usd. You can read up on the specifics in more details in the Crowdsale Goals section of our business plan here: https://cofound.it/en/projects/musiconomi/ |
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CryptoPedro (OP)
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August 16, 2017, 01:30:56 PM |
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is there any escrow for this project? and will there be early-bird bonus? besides, when will the token be distributed after ico?
1. Cofound.it is handling the escrow for us, as they are providing the architecture for the crowd sale. 2. The only early-bird bonus we offer is the ability to get in to the Pre-Sale Aug 29th before it opens up to the public on Aug 31. You need to have registered for our whitelist already or you can still buy CFI to get in via their priority pass system. 3. The token will be distributed a few days after the crowdsale closes or we reach our cap. It should hit exchanges a week or two after that (if not sooner). |
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meeekz
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August 16, 2017, 02:06:16 PM |
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Does a proof of concept (prototype) exist?
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Scheede
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August 16, 2017, 02:19:08 PM |
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I would be curious how Musiconomi will affect the use & value of the Musicoin.
Some expectations?
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CryptoPedro (OP)
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August 16, 2017, 05:38:31 PM |
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Does a proof of concept (prototype) exist?
Yes. Sign up for Musicoin.org to stream music off the blockchain with smart contract payouts. The team built that platform as a sort of beta test of how it all will work together while standing up the Musicoin blockchain. |
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sebastianpenguen
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August 16, 2017, 05:42:30 PM |
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I would be curious how Musiconomi will affect the use & value of the Musicoin.
Some expectations?
I wonder too, not in early stages of the procject, but in the next development phases, the Project will start affecting global music sector a little bit. The rest will be dependent on the demand and the strength of the community. |
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boazsalosa
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August 17, 2017, 12:46:38 PM |
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intresting , im just listeners its possible im got rewads on there ? or its only artist ? |
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CryptoPedro (OP)
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August 17, 2017, 06:37:47 PM |
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intresting , im just listeners its possible im got rewads on there ?
or its only artist ?
According to the article... "Promoters (casual listeners, die-hard fans, or just users seeking new talent) will be able to use MCI tokens to generate a referral link... Each time a user plays the track using the embedded player (or via referal link), the original promoter receives a small reward" This means that as long as you have MCI tokens, you can can use them to promote tracks you like and get a small percentage of any sharing reward the artist has set. So yes, as a listener you can get rewards as long as you have MCI to use for some of the cool features we will be building! |
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yugu
Full Member
Offline
Activity: 238
Merit: 100
^_^
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August 21, 2017, 02:09:34 PM |
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Where can I subscribe for the pre-sale?
Could you provide a link?
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CHANGE — First Decentralised Global Crypto Bank | ICO | DISCUSSION |
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Carina.P
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August 21, 2017, 02:24:47 PM |
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when will Musiconomi pre-sell start , looks like we have to wait for more information about this token project
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CryptoPedro (OP)
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August 21, 2017, 02:41:53 PM |
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when will Musiconomi pre-sell start , looks like we have to wait for more information about this token project
Pre-sale starts August 29th. Public sale opens August 31st. Where can I subscribe for the pre-sale?
Could you provide a link?
The pre- sale community white list has already closed so you need to become part of the Cofoundit Priority Pass program to get in to the pre-sale that way. - https://priority.cofound.it/ |
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