Musicoin's Isaac Mao delivers keynote address in Paris at the 2018 MaMA Music Festival and Convention
The festival, which has attracted leaders, innovators, and emerging musical acts for the past 18 years, was an ideal fit for Musicoin, which hosts tracks from over 5,000 independent musicians worldwide. By bypassing intermediaries (which consumed 88% of music revenue in 2017), the platform awards artists 100% of their streaming royalties instantly and directly—with payouts guaranteed to exceed every leading streaming platform, including Apple Music, Spotify, and YouTube. For listeners, it presents the opportunity to support a more creatively sustainable musical economy—knowing that each and every play fully benefits the artist. Subscription- and ad-free, Musicoin also eliminates the burdens of marketing pop-ups, or commercial interruptions.
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The Musicoin Project — the world’s first music streaming service powered by blockchain — has achieved another industry first, a commitment to compensate artists better than any leading streaming platform.
After last year’s monumental bull run, the cryptocurrency market has been in a significant correction period for most of 2018. This is well within the nature of volatility, however to artists hosting songs on Musicoin, its market price is relied upon not purely for speculation, but for its utility.
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