@steemsongs.The global recorded music market is worth over $7.8 billion and has grown over 5% in the last year. Music remains as culturally important as ever - whilst niche blockchain music sites exist none have crossed over to mainstream adoption. In the last year the total market cap of all cryptocurrencies has grown from $12 billion to $84 billion - an increase of 600%.
Steemit has a great community as shown by the regular Steemfest meet ups, and the addition of over 100,000 new posts and interactions per day. The tags system works well to filter posts by topic, but building real communities like Reddit has done is essential for long term growth.
Musicians and artists must maintain a presence across all social media - despite being by far the most groundbreaking and unique option Steemit isn't seen as essential. Steemit is not the ideal place for snappy 120 character updates, 15 second looping videos, or indeed selling music, and not everyone wants to share their thoughts via long form posts.
Artists that sign up to
There is a downward trend in online music stores and their ability to earn money and survive. Despite a resurgence recently for vinyl, there is a common feeling that music should be free - this is shown in the overall 40% decline in global music revenue over the last 15 years.
Users on Steemit benefit from a rewards based system that is unique. By allowing an artist to integrate their writing within their
One of the problems that Steemit currently has is a lack of things for any user to actually do with their Steem or SBD. Ultimately you are either holding or selling.
By creating a front-end music store on the Steem blockchain we will remove this need to cash out to other cryptocurrencies. @Steemsongs provides another outlet and another reason to hold your Steem besides speculation on the currency.
There are 10k new accounts are created on Steemit every week. As a proof of concept blogging is the first app built on the Steem blockchain but the potential for the blockchain is far greater and we are already seeing development of standalone apps that benefit the overall network.
A music store is a first step towards creating shops on the Steem blockchain - where any user can spend their SBD/Steem. If the concept works then we could see anything for sale - from artwork to the creation of decentralised versions of existing companies like Air Bnb.
We must not forget that the artists are the artists, not the person creating the latest hyped Spotify playlist. Giving premieres to Spotify (a tech company with a side interest in music) or Tidal (said to be owned by the artists but is actually owned by a set of multi millionaire artists). The premiere is great for the company but does it further the career of the artist?
Steemit is the forward thinking option that gives you access to the world of blockchains. The tie in with blogging means that artists can describe their process for extra cash to boost their sales. It's clear that writing and premiering music on Steem can be incredibly effective - this post is the equivalent of an extra 2000 digital sales.
@steemsongs on top of the list of first artists that are already ready to go.@steemsongs account each quarter.@steemsongs and sign up for updates at steemsongs.comCC @Ned 
