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Topic: Who would have thought that music projects still have a chance? - page 2. (Read 585 times)

hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I wouldn't have thought that and I still don't. Music projects and crypto are not really similar spaces and that is why it will be a lot harder for them to get together. Music is art and making art into crypto is not easy, sure you can use NFT type of systems and you could even make sure royalty type of systems work better with blockchain, but these are the business side of things and not the art side of things.

Music itself (as in playing guitar, singing, piano etc etc) can't be handled with crypto, it can definitely use another tech, right now sound engineers use a lot of tech, but not crypto. So, what we are trying to do is handle business side of music and not art itself which will never really take off that much, it could maybe take a tiny tiny tiny part of music business world but never be anywhere near the art part.
member
Activity: 504
Merit: 25
We can never tell, Audius can break the curse that no music project survives in crypto space, there is always a first time for everything, not all crypto projects have the same tactics or experience about handling their project, teams are different and experience has different levels too, it's better to take advantage of the price surge though, any thing is possible
full member
Activity: 651
Merit: 103
I do not know if that gain will hold for the long period of time, for me the market cap below the top 300 cryptocurrencies are the scam coins where it is easy manipulate. Maybe there are some whales who pump that coin and there is high possibility that they will withdraw it. It is just a hype for me so it is not for long term, it is better to exit now in order to protect our gains and for us to not experience losses.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
It's kinda too early to praise audius for their success, just like OP said music projects in crypto space hardly survive on the long run, audius team have the fund and good marketing idea but sooner or later it will tell because this use case isn't very demanding
hero member
Activity: 994
Merit: 503
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
Audius is a very prestigious music project but I think it's growing in the wrong market. For the crypto market, the community is always geared towards technology projects or potential projects that are developing according to the current trend. That's why Audius's community isn't really great, and they don't have any reason to shill in other groups either. That's why I think Audius will be hard to thrive in the future.
legendary
Activity: 2436
Merit: 1207
I believe that's why Moozicore failed, lack of demand is what makes Moozicore worthless

Imho, the whole idea of Moozicore was strange and barely could be integrated. Reminder - their idea was to let Moozicore token owners control the music in cafes, bar, restaurants and etc. As a place owner, would you let someone control your music atmosphere?

Imagine Friday evening, you are in a restaurant, having a dinner with your family, lovely music plays, candles all around. Restaurant enters a guy (moozicore token owner) with different musical taste, opens his app and adds "Rammstein - Du Hast" as a next song in a playlist  Smiley

P.S. I have nothing against Rammstein.
hero member
Activity: 2520
Merit: 711
I think audius project was pumped by binance listing, it's too early to celebrate because sooner or later the token might still lose value, I do remember Moozicore, I participated in their airdrop giveaways and I still have the tokens in my wallet, the lack of demand rate is what is killing many crypto music projects. Hand fold for now and see what happens with audius

I agree with you, in a year or two we need to see how the AUDIUS project will behave.  Perhaps it will fall like most of the music crypto projects.  I remember there was a VOISE project, he also first pumped up the price, and then gradually dropped it and now he has finally died.
sr. member
Activity: 1176
Merit: 339
https://t.me/bubbalex
Doesn't seems like music industry needs blockchain technology, I think in future large companies may implement blockchain based authentication in their music streaming platform, but in that case they will just hire developers, third-party blockchain project aiming to launch music platform will face a problem of not having rights on the music and regulation problems.
member
Activity: 266
Merit: 11
I think audius project was pumped by binance listing, it's too early to celebrate because sooner or later the token might still lose value, I do remember Moozicore, I participated in their airdrop giveaways and I still have the tokens in my wallet, the lack of demand rate is what is killing many crypto music projects. Hand fold for now and see what happens with audius
full member
Activity: 785
Merit: 105
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
I really hate it, it's a public pump in the market, I don't think this project has a stand in the market, looking back at what they came into the market I see is the end. end of this project. Do people notice that the control here is being decentralized, the projects are overblown so when listing on binance, and then what everyone sees is like a dump.
sr. member
Activity: 2422
Merit: 357
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
There are so many project before with regards to Music and most of them fails but looking into this one, its amazing for Audius to have such volume and listed on the top exchange so there’s a great chance for this one. I just don’t have any idea about Audius and how it works so I’ll take time to see if Audius is worth investing for because its hard to miss this opportunity, but of course don’t get hyped by those volumes and always look into their product and services.
member
Activity: 1022
Merit: 20
RiveMont
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
Yes, I have also seen many music and even gaming based projects to struggle or fail because of no real userbase or demand.
Audius seems to be an exceprion but in my view till now the price pump or hype is due to the news that binance is backing this project so it is not the product yet just hype is selling this project lets see how it will do after a year and how good their products will be.
member
Activity: 294
Merit: 10
WhalesHeaven - Custody Free Swap Exchange
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
Before getting excited we have to wait and see if all these gains can be sustainable sometimes big investors or team themselve manipulate the market for initial pumps and then take profit by selling their huge bags resulting in massive dumps.
I hope the project and teams turns out to be really good and investors make even more money because from last couple of years there are not many new projects that have shown good gains.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
Haven't heard of Audius and that was very new to me to even know it as of now. Well, it is kinda great to have a music based crypto related project to exist. Though it is pretty to cool to know that it is successful as the OP have stated, still most of the replies shows that it is just so new for them that they do not even know beforehand which is kinda strange that a successful project is not known by many. Anyways, maybe the reason for that is because mostly crypto related projects are intended for businesses and technology which maybe makes it a little bit strange that such project exist. Then, it would be great for music enthusiasts or music lovers that would take such opportunity to invest into this kind of project.
full member
Activity: 994
Merit: 100
It can be said that this is the only project that carries the concept of music that is successful because previously music projects will definitely fail, is this success possible because they have internal investors so they can enter binance and pump?
legendary
Activity: 2450
Merit: 1225
Have you checked the all time high of that coin AUDIUS?
All-Time High   $0.849269 -84.6%
Oct 23, 2020 (17 days)

There is a huge dump on going on this coin after it reach a high of $0.84 so I don't  know what kind of potential are you seeing on this coin, if this coin has a good potential, it will not drop -84.6%.
If you calculation using All-Time High.

Off course all project will on losing situation, you are completely wrong if counted using All-Time High. If you counted using All-Time High, then you should think All-Time Low of this token from 0.04$ to 0.84$ almost more than 2000%. Comparing 2000% with -84% which one more profitable? and right now the price on 0.12$ still 200$ from All-Time Low.

To see the project lose or not, we must compare the price with the initial price when they are doing the sale for ICO/Offering Coin or Token.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I have heard about Audius but they need to improve the station feature like in Soundcloud or in Spotify. AFAIK, Yandex Music, and Deezer have plans to enter the crypto music industry but this news is just one of baseless rumors. Binance has listed many useless altcoins in the last years, let one of the music projects take a chance. Copying the similar data of Spotify and changing the payment methods will give a boost to the crypto music industry for the obvious reasons. ATH prices are possible too if the market shares go higher than expected.
full member
Activity: 1890
Merit: 101
^ if asked if crypto-based music projects have a big chance? of course it has! the potential for the music market is very large, even bigger than the film market or other creative industries.

discuss about Audius! Audius has a large market capitalization as well as a large daily trading volume, most likely the price will continue to grow as Bitcoin is bullish.
hero member
Activity: 2086
Merit: 994
Cats on Mars
AUDIUS already a successful project because they have lot of volume with top exchange like binance. You can here coingacko. This project was marked as a gainer for me because I bought some tokens at cheap price.
A crypto being listed in a popular exchange doesn't mean that the crypto is "successful", it could mean many things like the crypto has high enough volume and that it's not raising any red flags for the time being so it is safe to have it on the platform (Binance exchange).

There is a huge dump on going on this coin after it reach a high of $0.84
But it's not because of anything out of the ordinary or it being a pump and dump. As soon as the coin hit the exchanges[1] and the mainnet went live[2], the early adopters (probably the people who were promoting it or investors) dumped their bags. It's actually not that uncommon to see such behaviour in newly listed cryptocurrencies.

1. https://www.binance.com/en/support/articles/6722fc3938fc4a7da1afdd775db48e58
2. https://medium.com/audius/welcome-audio-to-mainnet-409009bc130c
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?

I totally agree with you about music based crypto projects; I do not think I have come across any which was successful, during the ICO phase many came up and are nowhere to be found now, and I think Moozicore was the last of them I ever come across. But seeing this growth recorded by AUDIUS shows the team did something others failed to do hence the massive success. Also, in as much as it is still early to judge the long term growth of the project, I think the team has succeeded in building a good foundation they can base on to work, Improve and offer use cases which will make their project attractive thus becoming the top music project based on blockchain. Lastly, with this success recorded by this project, I won't be surprised when others starts springing up with different ideas or comes up just to scam.
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