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Topic: [ANN] Musiconomi - A New Music Economy That Works for Everyone (MCI) - page 7. (Read 10305 times)

newbie
Activity: 28
Merit: 0

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?

Opus is interesting, especially with the progress they've made on the IPFS approach to music storage (which is actually how the Musicoin.org platform handles it too). But since it is a entirely ETH-based they aren't using the same Pay-per-play micro-transaction schema as the underlying Musicoin technology, purely due to prohibitive transaction costs in eth, you have to buy the track outright. So it's basically chinese iTunes on blockchain. They have their own challenges, and I wish the team luck. Innovation and competition is healthy for all parties involved.

Right now the smart contract charges one mc per play, but we intend to switch that up to allow artists to set up the smart contracts on a per-track basis to allow them to charge however much they think is fair for a play, including fractions of a musicoin.

You means the  prohibitive transaction costs in eth. How many transaction costs in musicoin ?  Is the transaction cost  according the value? So it cant more value or  the prohibitive transaction costs in mc???
full member
Activity: 217
Merit: 100

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?

Opus is interesting, especially with the progress they've made on the IPFS approach to music storage (which is actually how the Musicoin.org platform handles it too). But since it is a entirely ETH-based they aren't using the same Pay-per-play micro-transaction schema as the underlying Musicoin technology, purely due to prohibitive transaction costs in eth, you have to buy the track outright. So it's basically chinese iTunes on blockchain. They have their own challenges, and I wish the team luck. Innovation and competition is healthy for all parties involved.

Right now the smart contract charges one mc per play, but we intend to switch that up to allow artists to set up the smart contracts on a per-track basis to allow them to charge however much they think is fair for a play, including fractions of a musicoin.

s
Smart contract charges one mc per play is very stupid thing. It limited the Musicoin value. I hope they wiil change it. No value no miner and nobody know this coin. I hope this coin and this ICO change will the music world.

The one MUSIC PPP is going to change soon. Artists will be setting their own price once the platform is upgraded.
hero member
Activity: 910
Merit: 525
Hi dev, can you tell us more about "unique revenue sharing mode"? Is it per play or what? How do you leveling a good music and standard quality music to make grade with reward?
sr. member
Activity: 1149
Merit: 347
Another project about music? But you seem to be different from the others! Are you using what already exists, this is interesting, will there be a rewards campaign?
newbie
Activity: 28
Merit: 0

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?

Opus is interesting, especially with the progress they've made on the IPFS approach to music storage (which is actually how the Musicoin.org platform handles it too). But since it is a entirely ETH-based they aren't using the same Pay-per-play micro-transaction schema as the underlying Musicoin technology, purely due to prohibitive transaction costs in eth, you have to buy the track outright. So it's basically chinese iTunes on blockchain. They have their own challenges, and I wish the team luck. Innovation and competition is healthy for all parties involved.

Right now the smart contract charges one mc per play, but we intend to switch that up to allow artists to set up the smart contracts on a per-track basis to allow them to charge however much they think is fair for a play, including fractions of a musicoin.

s
Smart contract charges one mc per play is very stupid thing. It limited the Musicoin value. I hope they wiil change it. No value no miner and nobody know this coin. I hope this coin and this ICO change will the music world.
full member
Activity: 187
Merit: 100

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?

Opus is interesting, especially with the progress they've made on the IPFS approach to music storage (which is actually how the Musicoin.org platform handles it too). But since it is a entirely ETH-based they aren't using the same Pay-per-play micro-transaction schema as the underlying Musicoin technology, purely due to prohibitive transaction costs in eth, you have to buy the track outright. So it's basically chinese iTunes on blockchain. They have their own challenges, and I wish the team luck. Innovation and competition is healthy for all parties involved.

Right now the smart contract charges one mc per play, but we intend to switch that up to allow artists to set up the smart contracts on a per-track basis to allow them to charge however much they think is fair for a play, including fractions of a musicoin.
member
Activity: 77
Merit: 10
have many music coin
full member
Activity: 187
Merit: 100
So in order to be eligible for the pre-sale, all you need to do is register your email and have 5000 CFI tokens in your ether wallet? Will there be any bonus tokens for early supporters?

You can access the pre-sale either through signing up to the mailing list before the 16th (thereby becoming part of the Musiconomi early access community) OR also by having CFI tokens and having Priority Pass access. You don't necessarily need to have both. If you have the required amount of CFI, you can check their new dashboard for more info.

There will be no bonus tokens or discount rates. We are trying to make it fair for everyone. And since this isn't some scam-coin project that's going to take your money and run, we don't feel the need to pressure people to dump their money on day one due to a fear of missing out.
newbie
Activity: 28
Merit: 0

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
full member
Activity: 217
Merit: 100
So in order to be eligible for the pre-sale, all you need to do is register your email and have 5000 CFI tokens in your ether wallet? Will there be any bonus tokens for early supporters?
full member
Activity: 187
Merit: 100
You`re going to run on Musicoin`s blockchain, so what about MC-MCI market?

That would actually be an excellent suggestion for a future token utility project. We are building in a mechanism for users to propose projects exactly like this for the team to work on (when bandwidth allows) that will benefit both the users and the platform. Check out the TOKEN UTILITY section of the business plan linked at the very bottom of the CoFound.it page here: https://cofound.it/en/projects/musiconomi/

"As Musiconomi builds and expands the platform, the MCI token will gain new functionality. This section describes several uses of the token that we see as particularly compelling. Community feedback will be critical to help shape these ideas and suggest new possibilities. To help facilitate and organize the feedback process, each use case is referred to as a “Token Proposal” and follows a particular format. Community members that would like to suggest new ideas should use this format (or suggest a better one)."
hero member
Activity: 1460
Merit: 573
You`re going to run on Musicoin`s blockchain, so what about MC-MCI market?
full member
Activity: 187
Merit: 100
Updated the original post with a new blog article diving into some of the uses of MCI tokens on the new platform! It's a great read, so check it out!

July 11, 2017 - The Musiconomi (MCI) Token Utility — A Closer Look
full member
Activity: 187
Merit: 100
Any bounty campaign?

No, there will be no bounty campaign. Nor are translations needed.
full member
Activity: 199
Merit: 100
Hi I want to reserve Indian (hindi) translation if needed
newbie
Activity: 35
Merit: 0
Any bounty campaign?
hero member
Activity: 1460
Merit: 573
Very interesting idea! I'm waiting for more news. Also can we buy MCI for musicoins?
full member
Activity: 187
Merit: 100
Very interesting idea! I'm waiting for more news. Also can we buy MCI for musicoins?

The MCI crowdsale will only be accepting ETH, much to our chagrin. We debated using MUSICOIN (similar to the way MGO used GAME) and really wanted to but CoFound.it advised against a split-chain crowdsale.
hero member
Activity: 1083
Merit: 503
Interesting..

#ICONOMI
#Cofound.it
#Musicoin
#musiconomi
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