Review on AudioCoin by David Olayide
AudioCoin
AudioCoin is referred to as the Cryptocurrency of the Digital Music Market and it is a highly innovative piece of cryptocurrency. AudioCoin is a digital currency, and of course, digital currencies are decentralized and can be sent to one another directly, securely, and anonymously if needed.
AudioCoin is a cryptocurrency for the music industry. This appears to be a very innovative, project and I see that it is a very good one indeed. The music industry is a very big one and I can say that it is as well, time for revolutionary movement.
The cryptocurrency AudioCoin builds on the Peercoin protocol to provide a new way to consume music. It breaks down the barriers of traditional e-commerce systems and provides a new way for music fans and artists to engage in viral marketing.
The thing with this project is that the participants of the music industry such as artists, producers and music fans or consumers will be rewarded very well without any misgivings. The project is decentralized as well and that comes as a relief.
AudioCoin is fast and efficient as well as transparent with a low-fee AudioCoin transactions are made possible with the energy-efficient Proof-of-Stake v3 mechanism.
Pros
- AudioCoin is the currency for the music industry
- Highly innovative project
- The use of AudioCoin makes the music industry a more accessible industry for all
- Very fast and efficient
Cons
- None
