The music industry develops alternative ecosystems encouraging and empowering the content  creators.

Written by on January 18, 2019

The music industry develops alternative ecosystems encouraging and empowering the content  creators.

Who has not listened sometime in their life to internet radio? 

Almost everyone sometime has listened to internet radio. 

Today it’s a common practice. Our way of life evolves continuously and with it our habits change generally, in favour of adapting to new technologies which add to our environment. This entails changes in our desires, needs and routines. It is well known that music goes back thousands of years; with it, a multi-billion dollar industry hungry for content and benefits.

In 2018 we could see a bloody battle for copyright and intellectual property. This is why content creators, professional and amateur artists, music groups emerging, DJs all face the same pitfall either via streaming, online radio, download digital. The difficulty for a fair and equitable empowerment is evident. At the same time, platforms such as YouTube or Vimeo have made it easy to open a window to the world for each user but the difficulty of the ecosystem distributing equitably the empowerment and redirecting it towards the creators by itself is evident. That’s where they arise decentralized communities like Muusic Coin and its new social

Marketing platform and market place for musicians, artists djs and record labels Muusic.io where the artists/ labels can sell direct to their fans /audience.

What does the ecosystem propose by Muusic Coin propose?

Due to the predatory nature of the markets, the machinery works 24 hours a day 7 days a week in order to maximize the benefits. However, it seems that in recent years said machinery has not greased as it should to those who create the final products. The continuous discontent has manifested itself in emerging initiatives. Muusic Coin offers a complete decentralized ecosystem via the block chain, offering the power of the master nodes and new digital technologies for the empowerment of music content creators. The reactions of the communities of musicians and artists have not stopped in recent years. Projects like the one mentioned today, they favour these initiatives, providing the necessary tools.

The Muusic Platform aims to change this balance; the intention is to achieve it through a system of rewards, ensuring that all content is rewarded. This adds a general model, a model that aims to guarantee 75% of any additional income generated to the creators. To know in maximum detail both models we recommend reading carefully the white paper. Next we will comment another striking side within the ecosystem of Muusic Coin, the online station Muusic.fm. This not only gives the platform a solid musical base, it also allows the platform to be compatible with artists established and successful, as well as emerging artists and talents.

The Muusic.fm radio station is active and is part of the Muusic ecosystem Coin

To understand how the whole proposed ecosystem is born, one must go back to the beginning; the team involved in the project, created the Muusic currency concept to unite the platform muusic.fm with blockchain technology with an ambitious purpose, create the Muusic platform that we present today. A project like Muusic Coin deserves a quality web station, for the already consolidated station Muusic.fm is part of the proposed ecosystem. 

The online station was founded almost 2 years ago by Paul Cartwright (CEO of Muusic Coin); a well-known guru in the musical media. 

Although there are other coins and blockchain projects based on music, many of these have struggled to take off and establish within the world of music. The Muusic platform is in a position with solid foundations within the music industry with important contacts and collaborations in its trajectory. The platform has overcome the initial stage and has evolved building an entire ecosystem. Associations, interviews, special collaborations, sessions of reputed DJ’s … an entire network oriented to art that captivates our ears. The usual relationship with leading producers propose good expectations around the Muusic ecosystem, aimed at promote fair empowerment in the sector.

International relations prior to ICO launch would ensure the success of the ecosystem.

The music industry has many aspects of business, in which Muusic enjoys good position. Caring for close and important relationships in the industry can be achieved high-level collaborations; this requires a work of social engineering and modern initiatives and successful From the most recreational business such as Discotheques in which DJ’s are the “soul” from the party to the radio stations … everything is part of the global ecosystem that surrounds music.

Important collaborations with world-renowned DJs and a whole bonus program they await the kick-off after the ICO while they grow their profiles and musical portfolios in Muusic.fm. On the Muusic website you can read the following:

“Establishing solid relationships within the music industry is key for a blockchain project based on music succeed. The Muusic project is the project of blockchain based on more advanced music in this respect. With links to DJs, producers and record labels around the world, including the Kingdom United, United States, Spain and Italy, The Muusic Project has a strong presence within the music industry.”

Specifications of the Muusic Coin cryptocurrency

As for the cryptocurrency, the chosen name is Muusic Coin (MUU). It can be purchased at a price of $ 0.25 buying 10 (10 Muusic = 2.5 $). The cryptocurrency will be part of the ecosystem, adapted to the needs of the community will help exchange value between users; in addition to a whole series of purchase / sale options within the platform.

In reference to the type of mining, the one chosen for Muusic Coin (MUU) will not be the same as in Bitcoin. We have opted for a hybrid model of consensus mechanism. Said hybrid mechanism consists of mining model through proof of participation (proof of stake – PoS). In this process there will be two ways to participate, by means of a Wallet (PoS) keeping a quantity of coins in a wallet always on; and through Master Nodes (MasterNodes); said models or mining modes will be rewarded with a 70% proportion for the wallets (PoS) and 30% for the Master Nodes.

The block confirmation time will be one minute, and a total final emission of 320 million of MUU. The calculations provided by the team indicate a reward per block of 20 MUU; assuming a total daily reward of 28,800 MUU coins distributed among the holders of master nodes and the “stakers”.

We emphasize that a collateral investment deposited in the Master Node of 5,000 will be needed MUU.


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