Announcing Songcoin - Invest in Music

[wildbud]

Seems its dead?huh?

[1714621856]

1714621856

[1714621856]

1714621856

[1714621856]

1714621856

[dynoman]

Seems its dead?huh?

Hardly at network 3GH/s it's a long way from death I've got a new strategy to get things moving again updates will follow.

Cheers

DP

[dynoman]

Hello Songcoin is now listed on Novaexchange

http://novaexchange.com/market/BTC_SONG

Cheers

DP

[KokoroKlphn]

https://admin.blockexperts.com/song
page not found

[paramind22]

Great name for a coin.  I wonder if cryptos are going to be the domain names of the near future.   The main ones will go up in price and be used by bigger industries.

[dynoman]

Great name for a coin.  I wonder if cryptos are going to be the domain names of the near future.   The main ones will go up in price and be used by bigger industries.

Yes very interesting idea it looks like crypto will have a huge impact on fintech and sharemarkets.

[bitfawkes]

Hello SONGCOIN team.

I'm happy to announce that your coin has been listed to ItalYiiMP 2.0 for mining,

to get paid in SONG just set c=SONG as password in your configuration.

As an additional service, the explorer is available at the address http://italyiimp.com/explorer

Visit http://italyiimp.com.

Best regards.

Bitfawkes.

[dynoman]

Thank you for that I'll update the page when I get get back home next week.

[Melissa Smile]

Hi, look like another good crypto-project in music world   But is the project alive?) What the difference between Songcoin and Musicoin?

[dynoman]

Hi, look like another good crypto-project in music world   But is the project alive?) What the difference between Songcoin and Musicoin?

Thanks for the question and what a great opportunity to go back over the brief history of Songcoin.

Songcoin came into being from another idea called eBeat in 2008, which was intended as a music monetization platform post Napster and to redress the resulting decimation of the music industries traditional revenue streams. The basic value premise was that there would be a release radar platform with new music either in demo or published form for evaluation by users and if you liked a particular song or their music you would send them a token value as an investment.  Then you have an interest stake in that piece of work. This gives the artist immediate revenue and a gauge of future popularity.  Once released for distribution the revenue from future sales is shared by both the artist and the savvy investor.  This why we always used the line 'Songcoin - Invest In Music'  

When we started eBeat in 2008 we had no idea how the platforms software would work and our seed funding barely covered the legal aspects of copyright etc.  The project drifted along until Satoshi created Bitcoin and then we knew this could be the token distribution engine room we were looking for back then.  We also knew back in 2010 that Bitcoin was probably going to be one of many future crypto coins so why not create our own industry specific token. That's when we started Songcoin.

At some point in time since Songcoin's creation we've had the ear of all of the big digital music players. Sadly the unfortunate fact is that people won't pay a penny for music when they can get it for free.  If you're feeling generous you might subscribe to Spotify premium where the mega-artist gets a tiny fraction of the associated revenue. The rest get's eaten up by administration costs.  You can see how perfectly blockchain tech fits in here as the kicker to return money where it's deserved.

We contacted Myspace, at the time it was a floundering beached whale without direction (kinda still is). What a perfect opportunity to enliven the platform with a ready list of subscribers who would love to support their favorite musicians. Sadly they wanted everything for free and not interested in co-development of the idea.

Another possible application is utilizing the blockchain as an interactive ledger to record music metadata and distribute royalties to vested parties.  Conceptually you could distribute royalty micropayments to everyone involved in the creation of a piece of work from the artist to the session muso, to the producer, to the guy who adjust the mic etc. This is one exciting potential application.

Will we ever return to a world where we pay a fair value for music to enjoy something we love and that gives us a sense of pleasure?

Perhaps we have, it's called Vinyl and it's highly successful. Have a look at this

https://youtu.be/PF4A4wdnXkU

[Melissa Smile]

Hi, look like another good crypto-project in music world   But is the project alive?) What the difference between Songcoin and Musicoin?

Thanks for the question and what a great opportunity to go back over the brief history of Songcoin.

Songcoin came into being from another idea called eBeat in 2008, which was intended as a music monetization platform post Napster and to redress the resulting decimation of the music industries traditional revenue streams. The basic value premise was that there would be a release radar platform with new music either in demo or published form for evaluation by users and if you liked a particular song or their music you would send them a token value as an investment.  Then you have an interest stake in that piece of work. This gives the artist immediate revenue and a gauge of future popularity.  Once released for distribution the revenue from future sales is shared by both the artist and the savvy investor.  This why we always used the line 'Songcoin - Invest In Music'  

When we started eBeat in 2008 we had no idea how the platforms software would work and our seed funding barely covered the legal aspects of copyright etc.  The project drifted along until Satoshi created Bitcoin and then we knew this could be the token distribution engine room we were looking for back then.  We also knew back in 2010 that Bitcoin was probably going to be one of many future crypto coins so why not create our own industry specific token. That's when we started Songcoin.

At some point in time since Songcoin's creation we've had the ear of all of the big digital music players. Sadly the unfortunate fact is that people won't pay a penny for music when they can get it for free.  If you're feeling generous you might subscribe to Spotify premium where the mega-artist gets a tiny fraction of the associated revenue. The rest get's eaten up by administration costs.  You can see how perfectly blockchain tech fits in here as the kicker to return money where it's deserved.

We contacted Myspace, at the time it was a floundering beached whale without direction (kinda still is). What a perfect opportunity to enliven the platform with a ready list of subscribers who would love to support their favorite musicians. Sadly they wanted everything for free and not interested in co-development of the idea.

Another possible application is utilizing the blockchain as an interactive ledger to record music metadata and distribute royalties to vested parties.  Conceptually you could distribute royalty micropayments to everyone involved in the creation of a piece of work from the artist to the session muso, to the producer, to the guy who adjust the mic etc. This is one exciting potential application.

Will we ever return to a world where we pay a fair value for music to enjoy something we love and that gives us a sense of pleasure?

Perhaps we have, it's called Vinyl and it's highly successful. Have a look at this

https://youtu.be/PF4A4wdnXkU

Thank you for such wide answer  I will learn more about Songcoin ^)

[jackson997]

block explorer offline

[dynoman]

block explorer offline

Hiya thanks we will get another dedicated explorer happening in the mean time:

https://prohashing.com/explorer/Songcoin/

[plr]

block explorer offline

Hiya thanks we will get another dedicated explorer happening in the mean time:

https://prohashing.com/explorer/Songcoin/

Hello, I check on the website and a notification " KGW transition will happen at 80000 block " what does this mean are you going to do a coin swap or what I'm checking the history of this coin I find it interesting because you are targetting the song industry.

[dynoman]

block explorer offline

Hiya thanks we will get another dedicated explorer happening in the mean time:

https://prohashing.com/explorer/Songcoin/

Hello, I check on the website and a notification " KGW transition will happen at 80000 block " what does this mean are you going to do a coin swap or what I'm checking the history of this coin I find it interesting because you are targetting the song industry.

Cheers nup, that's old, we're embarking on a complete overhaul in 2018 so stay tuned

[ryandanielt]

Songcoin was added to CryptoPools

https://cryptopools.ca/pool/song/

[hdmediaservices]

Curious what is up with SongCoin these days? 

Is Hash-to-Coins correct in that the network is mining at 1.3Th/s???  Someone is pounding it down to a pulp for some reason.

Or maybe an order on NiceHash went bad?  And they don't realize they are hashing that high?

[dynoman]

Curious what is up with SongCoin these days? 

Is Hash-to-Coins correct in that the network is mining at 1.3Th/s???  Someone is pounding it down to a pulp for some reason.

Or maybe an order on NiceHash went bad?  And they don't realize they are hashing that high?

Oh there's some market rumours floating around. We're working on the coin again in earnest there's a new site coming (we'll overdue) more wallets & upgrades and current industry negotiating. Looking good for 2018.

[pizzacraver44]

Curious what is up with SongCoin these days? 

Is Hash-to-Coins correct in that the network is mining at 1.3Th/s???  Someone is pounding it down to a pulp for some reason.

Or maybe an order on NiceHash went bad?  And they don't realize they are hashing that high?

Oh there's some market rumours floating around. We're working on the coin again in earnest there's a new site coming (we'll overdue) more wallets & upgrades and current industry negotiating. Looking good for 2018.

Thanks for the bump.  I missed this on my radar.  Is there anything you can release or tease us with regarding the current industry negotiating? 

[dynoman]

Curious what is up with SongCoin these days? 

Is Hash-to-Coins correct in that the network is mining at 1.3Th/s???  Someone is pounding it down to a pulp for some reason.

Or maybe an order on NiceHash went bad?  And they don't realize they are hashing that high?

Oh there's some market rumours floating around. We're working on the coin again in earnest there's a new site coming (we'll overdue) more wallets & upgrades and current industry negotiating. Looking good for 2018.

Thanks for the bump.  I missed this on my radar.  Is there anything you can release or tease us with regarding the current industry negotiating? 

Thank you for the interest. So with regard to present negotiations I can say that we're hoping to align ourselves with an exciting music project. The team is Australian based with worldwide exposure and we believe Songcoin would be the perfect fit. We hope to have more news in the coming weeks. Until then there's so much to do. We've just got the dedicated explorer finished that will be included on the new website & working on other stuff including mobile wallets.