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Author Topic: Announcing Songcoin - Invest in Music  (Read 96868 times)
dynoman (OP)
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September 30, 2014, 06:04:17 PM
Last edit: February 17, 2018, 01:34:29 PM by dynoman
 #1



Announcing Songcoin - Altcoin Designed for Investing In Music

Number of Coins : 200 Million
Coins on each block : 100 coins
Time between blocks : 2 min
blocks per day : 720 blocks
Total blocks in 4 years : 1.051.200 blocks
Total all coins : 210.240.000 coins
Maturity Coinbase : 100+20



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Songcoin Blockchain & Peer Data Download for QT Wallet




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Premise


Welcome and thank you to all the Bitcointalk forum members.  Songcoin is a music industry focused cryptocurrency that was launched in October 2014.  I am pleased to announce that during the course of 2018 the Songcoin team are embarking upon a major development which seeks to enable artists and fans to seamlessly engage for mutual benefit utilizing blockchain technology and various social media platforms.  We believe there's a huge opportunity to design integrated applications that will disrupt, promote and grow previously untapped music industry revenues. Our target will be representative of the total market potential, not only the existing distribution and payment based model that is narrowly focused and dominated by a just few major players.  We will be providing more detailed announcements in the coming weeks and look forward to a very bright future in the cryptocurrency space for 2018.



With respect to this community of innovators - Thank you from the Songcoin team






Songcoin - Invest In Music
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September 30, 2014, 06:04:42 PM
 #2

WAT



{
"blocks" : 5806,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00097655,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 4748286,
"pooledtx" : 0,
"testnet" : false
}
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September 30, 2014, 06:10:05 PM
 #3

https://www.virustotal.com/en/file/01e7fb670e792f691ab1d8ac7283db440a2c860b7d81995dc745a662bb07c910/analysis/1412100486/

clean
Icardi09
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September 30, 2014, 06:10:53 PM
 #4

what is the purpose for 2% pre-mined coins?
it's huge premine i think
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September 30, 2014, 06:12:34 PM
 #5

don't bother, this one is already dead.
looks like 1000block per minute Cheesy
very bad diff retargeting.
already more than 7000 blocks mined.

well done dev. Cheesy Cheesy Cheesy
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September 30, 2014, 06:15:36 PM
 #6

dev , any idea of POD?
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September 30, 2014, 06:21:15 PM
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Premine is crazy given the block reward.
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September 30, 2014, 06:23:05 PM
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02:22:43

{
"blocks" : 8753,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00390625,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 61008989,
"pooledtx" : 0,
"testnet" : false
}
 Grin Grin Grin
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September 30, 2014, 06:24:32 PM
 #9

Not installing a wallet using an installer either
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September 30, 2014, 06:24:48 PM
 #10

Github?
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September 30, 2014, 06:26:09 PM
 #11

Wallet does not have time for sync))
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September 30, 2014, 06:27:49 PM
 #12

Block invalid Huh?

▐▐ █     GRE   ≣   GLOBAL RISK EXCHANGE     █ ▌▌
━━  ((     Whitepaper     |     ANN Thread     ))  ━━
Telegram     Medium     Facebook     Twitter     Github
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September 30, 2014, 06:27:58 PM
 #13

"Difficulty : 3.5 days" Very "high" difficulty!!! Wink

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September 30, 2014, 06:36:08 PM
 #14

Nice concept.
Waiting for more information Wink

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September 30, 2014, 06:39:51 PM
 #15

Block counter in the debug console burns Grin
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September 30, 2014, 06:42:21 PM
 #16

huge premine
dynoman (OP)
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September 30, 2014, 06:44:20 PM
 #17

Premine is crazy given the block reward.

Thanks yes we thought about it a lot, then decided it would be the best way to ensure our best interests for promotional purposes are met. The current hash is high so there's certainly some opportunists out there.


Songcoin - Invest In Music
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September 30, 2014, 06:58:06 PM
 #18

Premine is crazy given the block reward.

Thanks yes we thought about it a lot, then decided it would be the best way to ensure our best interests for promotional purposes are met. The current hash is high so there's certainly some opportunists out there.



Thought about it a lot.... These scams need to stop. Please do not support this coin.

Total all coins : 210.240.000 coins * 0.02 = 4,204,800 coins premined.

Coins on each block : 100 coins
Time between blocks : 2 min

Coins mined per day: 72,000
Coins mined in first week: 504,000 (dev owns 89% of coins)
Coins mined after first month: 2,160,000 (dev owns 66% of coins)

It is only after 4 years is the premine 2%.
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September 30, 2014, 07:04:42 PM
 #19

Enjoy trading the coins with yourself dev

I don't think anyone else is going to want your coins.

I see you are also mining all by yourself first.

Do you see how this is pointless. Unless you are just doing this for a hobby.

What were you thinking? I guess you didn't.

Weird. lol  Roll Eyes

dynoman (OP)
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September 30, 2014, 07:06:21 PM
 #20

Premine is crazy given the block reward.

Thanks yes we thought about it a lot, then decided it would be the best way to ensure our best interests for promotional purposes are met. The current hash is high so there's certainly some opportunists out there.



Thought about it a lot.... These scams need to stop. Please do not support this coin.

Total all coins : 210.240.000 coins * 0.02 = 4,204,800 coins premined.

Coins on each block : 100 coins
Time between blocks : 2 min

Coins mined per day: 72,000
Coins mined in first week: 504,000 (dev owns 89% of coins)
Coins mined after first month: 2,160,000 (dev owns 66% of coins)

It is only after 4 years is the premine 2%.

Everyone has strong opinions about premine including ourselves. Early days.  We made the business decision let the future be our judge.

Songcoin - Invest In Music
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