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Topic: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs - page 70. (Read 148747 times)

sr. member
Activity: 322
Merit: 260
I'm really doing backflips in my mind. I supposed I'm dischuffed. So we support traditional music platforms with fiat currency?
We also don't pay musicians by encouraging them to give away all music for free, and take the proceeds and destroy the FUNK coin? Is this the same Simon?

I don't know how long you have been in the music biz, but I've been doing this for at least 10 years. I have had several releases on iTunes, Amazon, Spotify and the like (look them up and have a listen). They cost me $30 a year for the first year if it's an album to put in the stores, then like $55 the next year and they keep jacking up the price, or they threaten to take it down. Guess how much revenue I get from that? I get about less than $1.00 a month.  So when you talk about proceeds from traditional models, there really aren't any which is why I came here in the first place.

Now if you've been into music as long as I have, you know that equipment and software costs $$$. Lots of cash! I've spend lots of money on equipment so that I can mix, master and produce high quality music. That money came out of my hard earned money I spent on equipment, sounds, instruments, software etc. So now that I'm really poor, you tell me I should release my music for free and not earn anything.

I can tell you now as a musician, this is going to run musicians out of here really fast. Someone mentioned musicians are used to working for free. Maybe in some circles, but not in mine. All of my musician friends expect to get paid, and they don't work for free. Producers, Recording artists, promoters etc. all expect to get paid.

Simon from the idea you described, the only people to benefit financially from FUNK are the old traditional music distribution platforms. You imply that if I weren't in the FUNK community you would pay me money to master the song, but if I'm in the community I will just do it for free. In that case I'm better off leaving Cypherfunks, because at least you will pay me to master your songs.

So when you say we need to start figuring out the costs, I'm thinking "The costs?!" I thought we were talking about figuring out the income, not the expenses. So now I need to shell out money to someone outside of the community so they can master the song?? I could master it but I wouldn't get paid because I'm "in the community". This is maddening!

You showing me a payment processor solution that you own, which could be repurposed to compete with the traditional models. Instead you insist on not using it for what I suggest is a way musicians could earn a living - finally. We could cut out the middleman, but instead you want to court the middleman and bring them in, and for us to benefit them - financially while at the same time insisting on making the musician into a slave to support the middleman?

I suggest you think this through a little bit more. I've poured my money, time, resources and heart into this project so I'm getting a little bit upset. Other musicians would be upset too. Notice not many other artists have released music for the Cypherfunks. They want to keep their tracks to themselves, because they ask "How does it benefit me to put my music on Cypherfunks?". They could see that it gives them free exposure and way for people to tip in FUNK, but I don't think anyone really believes they will be tipped in FUNK. I've been releasing tracks and the only FUNK I've been getting is from you Simon. People running their computers are earning more FUNK than I am making music.

Making music is expensive, especially when nobody cares about the musician getting paid for their hard work. I don't want my music to become a multipool, I want my music to be an income stream.

I hope you really spend some time thinking about this.
 

sr. member
Activity: 424
Merit: 250
Really nice Remix Simon! High five!!
Great job on the wallet updates.

100,000,000 FUNK is going for about 1.00 BTC on Allcrypt

This morning I really started to think about the economic reality of the FUNK coin. If you take away the music part of it, and look at the coin itself. It's undervalued because it's either unknown to people, or they think it's a niche market. That's no matter how you look at it.

The fact is that currently the prices have been stable and this is good, because if you add the music part of it back in to the mix, this becomes much more than just another cryptocurrency. Now take the currency part out and just look at the music part of it. You have open source music which like Simon said in his recent interview is that we are like minstrels of the old days. I really like that idea that we are bringing back the wandering minstrels of yesterday.

The only part I disagree with, and maybe I'm wrong is the part about the demand for the currency increasing with the popularity of the music. The way I see it, the demand for the currency will increase when people want something they can only get with FUNK coin. Right now, I make the music and it goes up on Soundcloud for free, which is what I wanted.

So here's where the reality check comes in to play. I can make more FUNK coins mining them than I can making music. It sours my pickle to hear that someone would have hundreds of millions of FUNK, which they mined just sitting there in a wallet. Now, imagine if the FUNK coin were a feed the hungry coin. A FOODCoin (why hasn't anyone made that yet?) that did something noble like feeding the hungry (which the FUNK coin is supposed to do BTW, musicians get hungry too). If someone just hoarded the coins in their wallets, no starving person would get fed.

If I spend an hour making a remix pack I can get 100,000 FUNK. I've been getting almost all of my FUNK contributions from the Cypherfunks wallet from Simon, and not much has come in from anywhere else yet. It feels really good to get some FUNK after working on music, because I feel like I'm finally getting paid for working on music. The problem is that I can make more money mining FUNK than I can making music.

The only way I can see the Cypherfunk work, (which I'm convinced it will) and by work I mean as a way to feed the musician and more.. Is to turn this currency into something that will provide people something they can only get with FUNK coin.

One of the biggest problems with BTC is how do people spend them?  Solutions to that problem are appearing everyday for bitcoin. Still today we don't have a solution for the FUNK coin. We need a way to use the Soundcloud platform as a small teaser to convince people to spend FUNK coins to buy digital music or other music related products and services.

So we need a way to accept FUNK for purchases, just like Bitcoin can be accepted for purchases. A payment processor solution for FUNK.

I've been thinking of making an EP and releasing a single from the EP for free, and giving short samples of the EP to listen on Soundcloud. The rest of the EP you can buy with FUNK coin on my website or a Cypherfunks store.

I like the idea of everyone having their own website/store to decentralize the stores.

I just see what we need is a way to sell stuff using FUNK coins.

What are your thoughts?


It will certainly help to have a unique use case for the currency. It is not required, but definitely helps.

I wish I had more time to work on this (or at least more resources). I've been neglecting my start-up, so I need to get back to that asap.

fwiw, we've been thinking of repurposing http://min.io (old side-project developed with a friend) to work with FUNK. But I wouldn't do it to sell the music. The music should be free (as much as possible). Also, how do we divide up sales? Theoretically, anyone has permission to re-sell it for their own gain, but it's not ideal.

One thing I did think about recently... Every 6 months or so, we should compile a "greatest hits" album. We do a 1 week voting period of all the songs released since then. Do a voting for a cover. Get money for someone to master/mix the songs properly (if we don't have a person in the community to do that), then release it on iTunes, Beatport, Rdio, Spotify, etc. Everywhere. Then all proceeds gets turned into BTC. Now we just need to figure out what to do with the BTC. Either we keep it for projects (crowdfunding gigs or something), OR what I like more: we use it to buy up FUNK on exchanges and then simply destroy it (this is easier than figuring out whom to give it to).

That way we increase liquidity, increase price, decrease supply & launch music to the world, making the network spread.

In other words, our music becomes our multipool. Proceeds from the music (in traditional markets) feed into buying up FUNK on exchanges and destroying it.

We could actually start that as an experiment. RIGHT NOW. We choose & vote for a song/single and we go through the whole process. If everyone likes it, we need to start figuring out the costs.

Things that need to happen:

1) Choose a single. Best way to do this? Vote on Reddit?
2) Get a member to master/mix it to standards.
3) Do a contest for cover art.
4) Determine costs to get on iTunes, Spotify, Rdio & so forth.
5) Put for sale on bandcamp as well.
6) Draft a PR page. We send it all music media sites. Pitchfork, NPR, etc.

The original unmastered version will remain free to listen & downloadable.

All sales will be put into BTC/LTC and be used to buy up FUNK and then subsequently destroy it.

I haven't through this whole process of getting music on these sites. Anyone have ideas?

Thoughts?
sr. member
Activity: 322
Merit: 260
sr. member
Activity: 322
Merit: 260
Really nice Remix Simon! High five!!
Great job on the wallet updates.

100,000,000 FUNK is going for about 1.00 BTC on Allcrypt

This morning I really started to think about the economic reality of the FUNK coin. If you take away the music part of it, and look at the coin itself. It's undervalued because it's either unknown to people, or they think it's a niche market. That's no matter how you look at it.

The fact is that currently the prices have been stable and this is good, because if you add the music part of it back in to the mix, this becomes much more than just another cryptocurrency. Now take the currency part out and just look at the music part of it. You have open source music which like Simon said in his recent interview is that we are like minstrels of the old days. I really like that idea that we are bringing back the wandering minstrels of yesterday.

The only part I disagree with, and maybe I'm wrong is the part about the demand for the currency increasing with the popularity of the music. The way I see it, the demand for the currency will increase when people want something they can only get with FUNK coin. Right now, I make the music and it goes up on Soundcloud for free, which is what I wanted.

So here's where the reality check comes in to play. I can make more FUNK coins mining them than I can making music. It sours my pickle to hear that someone would have hundreds of millions of FUNK, which they mined just sitting there in a wallet. Now, imagine if the FUNK coin were a feed the hungry coin. A FOODCoin (why hasn't anyone made that yet?) that did something noble like feeding the hungry (which the FUNK coin is supposed to do BTW, musicians get hungry too). If someone just hoarded the coins in their wallets, no starving person would get fed.

If I spend an hour making a remix pack I can get 100,000 FUNK. I've been getting almost all of my FUNK contributions from the Cypherfunks wallet from Simon, and not much has come in from anywhere else yet. It feels really good to get some FUNK after working on music, because I feel like I'm finally getting paid for working on music. The problem is that I can make more money mining FUNK than I can making music.

The only way I can see the Cypherfunk work, (which I'm convinced it will) and by work I mean as a way to feed the musician and more.. Is to turn this currency into something that will provide people something they can only get with FUNK coin.

One of the biggest problems with BTC is how do people spend them?  Solutions to that problem are appearing everyday for bitcoin. Still today we don't have a solution for the FUNK coin. We need a way to use the Soundcloud platform as a small teaser to convince people to spend FUNK coins to buy digital music or other music related products and services.

So we need a way to accept FUNK for purchases, just like Bitcoin can be accepted for purchases. A payment processor solution for FUNK.

I've been thinking of making an EP and releasing a single from the EP for free, and giving short samples of the EP to listen on Soundcloud. The rest of the EP you can buy with FUNK coin on my website or a Cypherfunks store.

I like the idea of everyone having their own website/store to decentralize the stores.

I just see what we need is a way to sell stuff using FUNK coins.

What are your thoughts?


full member
Activity: 210
Merit: 100
I'm gonna have to download a few of those tracks and do a mix of them, haven't played in a few months and these will be ideal to use in a new set Smiley
Will post it up once I get round to it of course Smiley
sr. member
Activity: 424
Merit: 250
Woohoo. Remixed Soundposition's "Tasty Snack".

Really chuffed with this one: https://soundcloud.com/simon-segfault/the-cypherfunks-bite-of-life!

Band high five!
sr. member
Activity: 424
Merit: 250
The update for the week: http://blog.thecypherfunks.com/post/84014285795/band-meeting-week-ending-27-april-2014

I really, really need to get back to my start-up, but I plan to hopefully fix up the DNS seed node this week so I can get back to finishing the Android wallet!
sr. member
Activity: 424
Merit: 250
Oh wow! MadCow!

Thanks so much for the book recommendation. I've been looking for new books to read. Getting that asap.

Quote
1 - unused resources (e.g. a musician who would like to perform but isn't)
2 - unmet needs (e.g. someone who wants entertainment)

Very good way of describing it. An example of this that I envisioned is the capability for Cypherfunks to crowdfund gigs/venues from around the world for people. Being in the music scene, a lot of people tell me how they struggle to get gigs to play. To 'start', they try to piggy-back on top of other more successful bands that can pull a crowd. They can't afford to pay a venue as they can't pull a crowd (yet).

So one method I thought where Cypherfunks could help is to help fund the minimum required for a small venue so the band play, get their friends in, jam & just have fun. Only requirement is that the band must have contributed to Cypherfunks at some stage.

I'll talk to my friend about this idea as well. His band is still small, but really awesome.

@Hanoosh. There's liquidity in the LTC market. https://www.allcrypt.com/market?id=562
hero member
Activity: 655
Merit: 500
I really love some of the music uploaded to Soundcloud - awesome!

I've been thinking about the FUNK currency, and I think of all the altcoins at the moment FUNK has one of the best chances for success. Most other altcoins wont be useful in the long run, but FUNK could be as a 'complementary currency' as it is targeted at a specific audience.

I like this definition "a complementary currency can match unused resources with unmet needs"

So, in the world of music and musicians you need to identify:

1 - unused resources (e.g. a musician who would like to perform but isn't)
2 - unmet needs (e.g. someone who wants entertainment)

and then match them using FUNK as the payment method.

One way to do this would be to organise events like festivals and concerts where the musicians MUST be paid in FUNK, and the tickets must be paid for in FUNK. At the start you could give-away sufficient FUNK to cover the ticket to almost everyone but it would encourage people to setup a wallet. These events would be like FUNK faucets. Most musicians often play for free anyway, but with FUNK there's always the chance that their FUNK payment for playing would be worth something eventually.

Eventually if FUNK caught on people would go to an exchange to buy FUNK for the payment. Once we have mobile payment options for crypto currencies this would be easy (hopefully!)

Another idea would be to license the music from the Cypherfunk stable for use in advertising, movies etc etc and always pay & charge in FUNK.

As a local/complementary currency for musicians the options are limitless for FUNK. Just match unused resources with unmet needs by making all payments in FUNK.

I would really love to see FUNK & the Cypherfunks succeed, and I think the key is to borrow from all the great ideas of complementary currency pioneers.

One guy I can recommend is Berbard Lietaer - http://en.wikipedia.org/wiki/Bernard_Lietaer. He's a complementary currency Yoda, and his books would be useful as far as ideas on how to make FUNK a music 'complementary/local currency'. All his books are good.

This is his latest:
http://www.amazon.com/Rethinking-Money-Currencies-Scarcity-Prosperity/dp/1609942965

Just wanted to pass that idea on.

Good luck!

full member
Activity: 210
Merit: 100
LION Devloper, Graphics Designer!
WTS 593885053 FUNK (593.8Mil) , Offers ?
sr. member
Activity: 424
Merit: 250
Mailed the faucet guy. Suggested we pay out the bounty to him for a few months of hosting. Is that okay?
sr. member
Activity: 424
Merit: 250
Finally!

After ages of compiling for windows, I have the new wallets out. Please update (not mandatory, but recommended)!

ALWAYS back-up your wallets before installing a new version.
https://github.com/The-Cypherfunks/The-Cypherfunks/releases/tag/1.0.1.0

If something doesn't work, please ping me.

EDIT: Still need to mail the faucet guy! Will do that today. Oh, btw, during the editing I discovered fixes for Bitcoin. First code commit to Bitcoin Core itself! Very chuffed (even if it is just a small fix).
sr. member
Activity: 424
Merit: 250
Here is the furthest branch containing the fixes. I tested it, and it seems to work fine.

https://github.com/The-Cypherfunks/The-Cypherfunks/commits/pch_future_proof

If anyone wants to peruse the code for possible problems, please do. Otherwise I'll compile the wallets tomorrow and release the new minor version.

sr. member
Activity: 424
Merit: 250
Beranie posted in the comments another address: https://soundcloud.com/beranie/yue-xia-du-zhuo-ep-mix

CRuWSbx61MTcgFv9ZA3WFeJi9KTVo7g99U

Hi Emman! Welcome. We are trying our best! Help us if you can. Smiley

On the wallets. I've patched something else that I finally got working. Unfortunately, the pchMessageStart is similar to Litecoin (in fact, shitloads of coins haven't changed this). It is not extremely detrimental, but it needs to be changed so other messages from other networks don't interfere with ours. Unfortunately you can't change it without breaking (hardforking) it, so we are future-proofing it. Somewhere down the line we will hard-fork when no one uses the old clients anymore. Thanks to n00bnoxious for some feedback on this.

legendary
Activity: 1894
Merit: 1001
 i went over to soundcloud, was looking for bands that have posted a donation addy, and managed to send some FUNK, but there was some difficulty:

i copy-pasted the visible address, but it was invalid, it looked short to me, so i tried zooming, and that worked for a couple of them, but now this is what i get:

cannot get full addy. i'm using chrome

          Angry

member
Activity: 65
Merit: 10
IFC
Hello Cypherfunks! You have a nice idea here guys.

A few suggestions:
- Make it a N-factor scrypt (ASIC resistant). This will attract more people and keep the ASICS out (this is really important).
- Why not promoting it as a decentralized currency for digital distribution of music. This way the musicians can benefit from the crypto-currency revolution directly. FUNKS can be used to promote, sponsor, advertise .etc the new artists
- In general you could make it about all the bedroom producers and garage acts not only your band Smiley and assist the music community to become decentralized too. 

Again a great idea ! 


I agree with you that advice, let more people know the existence of the coin is the most important thing
sr. member
Activity: 424
Merit: 250
Oh snap!

More good news. Derek Sivers responded to my mail!

Quote
Ha! I LOVE it. Fucking brilliant. Thanks for telling me about this. I'm so glad you're doing this.

I'm full-up with my own projects, so no need to send me some FUNK, though thanks for the offer.  For now I'll just bookmark it to tell some others about, and maybe take you up on your offer someday.

I asked him if he has some music lying around he wants to share.
sr. member
Activity: 424
Merit: 250
 it's a long way up the ladder over at comkort, 66 votes needed to pass CDN

 i use [this], reminds me every so often ...   Wink

website [here]


oh nice! Clever idea. I keep forgetting during all the coding. This will help. Smiley
legendary
Activity: 1894
Merit: 1001
  it's a long way up the ladder over at comkort, 66 votes needed to pass CDN

 i use [this], reminds me every so often ...   Wink

website [here]



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