The slogan goes like this…
“You play for free, we pay to musicians” and at .06 cents a play it’s hard to argue that this isn’t a win-win.
Crypto-currency’s first Music Streaming service has been launched (in beta)! The future is now. To the musician, get your web wallets ready to collect. For the consumer this is a free streaming service and it is ad free as well. Here is what musicoin.org has to say about it:
“Why is streaming free on Musicoin for listeners? How are musicians getting paid for streams of their music?
We are trying to differentiate ourselves and penetrate the streaming music industry, largely controlled by industry behemoths like Spotify. Unlike any other music streaming company, Musicoin will stream music for free and without ads. This, we believe, will push our platform into mainstream adoption and help create and sustain network effects for Musicoin to flourish and prosper. Miners share a portion of the mined $MUSIC for payments to musicians. For more information, please refer to our whitepaper.”
Needless to say, I have joined up as a music fan and a musician to see where this goes. (Thanks to my buddy Dark Side Josh) It feels like the possibilities are endless! I encourage all of my musician friends to research this and join up as well. I feel like its a very good look for the Indy entrepreneurs out there!
Check me out below on Music Coin.