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Musicoin Review

5

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Poor

Revainrating 3 out of 5  
Rating 
2.8
Crypto Projects

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Description of Musicoin

Musicoin is an ecosystem - one that enables musicians to release their works, create simplified licenses, and get paid - directly and immediately - every time a music lover listens to a song.

Reviews

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Type of review

Revainrating 1 out of 5

📢 Probably an inactive project.

It is a particular platform-based crypto coin however is lesser known for its external transactions. Notwithstanding, it has a music platform that makes the coin, the solitary answer for obliging fiscally transactions. The whole ecosystem is reliant on the platform. The estimation of this monetary structure generally depends on the substance makers, musicians who pull in purchasers to join the platform. This, thus, supports the utility and estimation of the coin. Regardless of whether…

Pros
  • Decentralized platform.
  • Enabling artists to take full ownership of the content.
Cons
  • Musicoin's platform has been in maintenance for a long time.
  • Musicoin (MUSIC) is only listed in Dove Wallet and there is no trading volume.
  • The team has not made any announcement about the development for a long time.

Revainrating 4 out of 5

Musicoin: blockchain music trading

The cryptocurrency market has spanned different areas and sectors of everyday life; finding ourselves today with a large number of options with multiple purposes. One of them is Musicoin. Musicoin is a cryptographic platform whose purpose is to serve as an impulse gateway for musical composers; which have the possibility of being able to project their creations autonomously and safely thanks to the use of blockchain technology. The platform creates an open and non-custodial market for the…

Pros
  • Allows music authors to monetize their compositions
  • Creates a decentralized trade in musical compositions
  • It is free for users
  • Allows musicians to generate income safely
Cons
  • Unstable value of cryptocurrency

Revainrating 5 out of 5

Introduction to Musicoin World from an ambassador perspective

As a musicoin ambassador for quite a while, i’m honoured to write this short review about this awesome music platform on the blockchain, through which you can stream the whole catalogue of music presented by a vast list of independent musicians arround the World. The magic about this platform, is that is absolutely free, also, being without ads integration. Each musician receives instantly, his compensation under the protocol of PayPerPlay, the so called Musicoins, for each stream of…

Pros
  • Musicoin World from an ambassador perspective
Cons
  • Short review on Musicoin World

Revainrating 4 out of 5

Project is amining to create a token for a music creators all the end to the…

Project is amining to create a token for a music creators all the end to the end users. Music creators will receive money without any 3rd party. Copyright is build in the system and everything is transparent. Music streaming is for free however using some other services requires native token. people can also tip the creator. Project is working in p2p network based on IPFS (inter planetary five system). For platform need they build special smart contract named Pay Per Play.

Pros
  • + Very interesting project + Good whitepaper + Good internet web page + Can be good long term gem + Very active in social media + Good roadmap
Cons
  • - Lot of others projects trying to get into the same space - No real exchanges - volume - Can be just too hard to execute in current market

Revainrating 3 out of 5

Hand full of fools saying bittrex is stealing their coins and is insolvent…

Hand full of fools saying bittrex is stealing their coins and is insolvent without any proof or substance to it Musicoin is not just a currency. It's an ecosystem; one that enables Musicians to release their works, create simplified licenses, and get paid - directly and immediately - every time a music lover listens to a song. Once again nom nom payments frozen. Im almost having legitimate concerns for this project and i am a firm believer. Musicoin will be at least 3X higher in the next bull…

Pros
  • Wait for the normal exchanges for the Musicoin. Yet I will only oversee this music blockchain project. It make sense everyone is bailing. Altcoins are full of people wanting over night success. Us who stay around will be rewarded in the end. Prepare for a MASSIVE bitcoin correction after october 25th and Music will regain traction after this date. I'm calling it now The devs are aware of the general problem this presents from an investment side, and are looking at possible ways to mitigate the issue while still maintaining a 'spendable' currency meant to serve global daily music consumption needs.
Cons
  • Block 4,200,000 is the fork block but doesn't necessarily mean it will be live at that moment. With Crytopia, don't know if you have heard but they were hacked and who knows if they will ever go back online again. Millions of dollars are stolen from the exchange and no idea if they can cover everyones balances. I put my half savings into this project!