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Author Topic: Earn btc from buying music?  (Read 955 times)
bish5555 (OP)
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March 03, 2014, 11:07:27 AM
Last edit: March 04, 2014, 03:12:03 PM by bish5555
 #1

Hi,

I have been mulling different ways to use bitcoin and the blockchain to sell music..

Obviously, if you can hear a track you can pirate it, and that's cool, i am not trying to stop piracy, that's impossible..

but, if you can earn bitcoin buy purchasing a track that gives an incentive to buy it.

So, the idea is that when you buy a track half of the cost of the track is invested in your own cloudmining account.
This will give you a constant income from your purchase
 
You can use your profit to buy more music or withdraw when your balance reaches a certain amount..
Upon purchasing your track your wallet address is recorded and on the blockchain and credited with a share in cloudmining income

Please let me know your thoughts


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cmaaghul
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March 03, 2014, 06:43:28 PM
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could be interesting but changing behavior around digital content is not easy given everthing online is free....

I'm also intersted in helping bands get paid for their gigs especially in smaller venues....perhaps a bitcoin tip jar cocenpt makes sense...

your idea of passive income is interesting but not sure it would be enough to move the needle.....love to hear more...
bish5555 (OP)
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March 03, 2014, 11:47:37 PM
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Yup agree that it's hard to shift behaviour, i guess it's aimed more at the specialist music crowd who do buy their music.
It could be a way of introducing people to crypto in that they came to buy the track but left with btc as well..
Tip jars are great, but also think a reward system would be something fans would like..





richie12
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March 12, 2014, 08:05:50 PM
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Hi,

I had a similar idea and have in fact just got it working and live over the past few weeks, along with a partner. Our scheme doesn't use mining. Instead you simply get a share of the future proceeds of the sale into your account.

We should get in touch, accounts@moonsch.com

Website:

http://www.moonsch.com

We have a referrer scheme which might be of interest to you.

When I dig it out, I'll post a link to another thread I started elsewhere on here.
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March 13, 2014, 03:34:25 AM
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The other thread is:

https://bitcointalk.org/index.php?topic=511503.0

Please vote on it!
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