The MUSIC is a brand new cryptocurrency. It has made its appearance on 18 March and was accepted by Bittrex on 04.10.2017. Let's take a closer look at this coin.
The Musicoin (MUSIC) is a global project that aims to provide the most equitable platform possible for artists. The principle is that the productions will be rewarded to the number of view by MUSIC token (1 play = x amount of musicoin). Unlike youtube which gives practically nothing to the artists for the number of views, the musicoin aims to remunerate the views at least 10x more than youtube currently. In addition to the views, there is also a tip option with which people can give 1, 5 or 10 MUSIC to their favorite artist.
I invite you to go take a look by yourself on musicoin.org as a listener or an artist. I find that there would still be some changes to make it more userfriendly but globally what I saw packed me. And I think that everything will go in the direction of a better pay for the artists is always good to take.
"Musicoin will bring a level of transparency and fairness to the music industry that has never been seen before! It has the potential to completely change the way we consume music."
― Alan Cross, A Journal Of Musical Things
It would seem that the objective of the creators of this service is that the MUSIC token has a value of $ 0.01 per coin . What would be the case now with a small rise of 25%. On this principle it would seem to be a good investment at the moment. You should know that the MUSIC is also minable with the Ethash algorithm. It's currently more profitable to mine than the Ethereum.
