Tag Archives: Cryptocurrency

Musicoin is a digital currency designed for the compensation and consumption of music. Every time a listener plays a song anywhere in the global Musicoin ecosystem, the song’s creators are paid in near real-time. The listening however, does not cost listeners anything. This article will explain how this is possible and speculate on Musicoin’s possible ramifications for music artists, fans and business people around the world.

Musicoin began as a way to address the problems associated with the current global music industry. Three corporations, Sony Music Entertainment, Warner Music Group and Universal Music Group own over 80% of the global market. Because of their power, they tend to dictate who the winners and losers are – and will be – in the global music ecosystem. New and even established musicians can suffer because of this situation. For example, many artists have complained about low royalty payments they received from streaming websites such as Spotify and Pandora. Furthermore, music copyrights and licensing are so complicated that it is difficult for the average artist to keep track of what monies they might be entitled to.

The Musicoin PPP Contract enables quick payments to artists and can be easily split with band members and other important people in the music ecosystem.

The Musicoin solution to this problem is achieved primarily with the use of blockchain technology and smart contracts. Computers around the world communicate with each other to create a digital currency called Musicoins, and then keeps track of all their transactions. This currency creation and ledger system is sequential and often referred to as a “blockchain” because the computers are processing “blocks” of transactions one after the other. Within those transactions are orders to distribute payments to one or several entities. Those payment orders are called “smart contracts” because they logically execute payment orders based on how they are programmed.

So in plain English, once a musician uploaded their song into the Musicoin system, every time their song got played they were paid 1 Musicoin. And if the musician had band members he or she needed to split the profits with, the Musicoin would get split accordingly. This all happened in seconds via the Musicoin blockchain.

An elaborated view of the Musicoin PPP pay-per-play system.

So how much is a Musicoin worth? It depends. Like other digital currencies, Musicoins are traded on the open market and its value fluctuates by the minute. At times, Musicoins have been worth over 4 cents (in United States Dollars). At over 4 cents per play, Musicoin was paying artists a much higher per-stream rate than any mainstream music websites.

But with any success comes challenges. It was quickly realized that if the price of Musicoins kept climbing, no one would play music. People would hoard Musicoins hoping they would be more valuable. In fact, some were already doing that when they were worth 3 cents. So, Musicoin’s primary founder, Isaac Mao, started developing innovative strategies for the future.

Isaac had gained notoriety in China for being one of its first web-bloggers, and an advocate of internet freedom. In the early 21^st century he had developed a theory called “Sharism” that emphasized the importance and necessity of sharing information in the information age. Though Sharism was already an idea that underlined Musicoin’s early incarnation of February 2017, it would now influence the Musicoin system more so than before in response to the new challenges. A controversial new implementation to the blockchain was proposed: UBI or “Universal Basic Income.”

UBI was initially controversial as it sounded like a Socialist program implemented on the blockchain. Many proponents of digital currencies are very Libertarian in outlook, and anything that resembles a welfare system, or a “Universal Basic Income” for everyone raised a lot of eyebrows. However, a closer look at UBI revealed it was far more ingenious than out-dated monetary policies.

UBI solved the problem of Musicoin hoarding first by changing the reward to the artist. One play of their song was no longer 1 Musicoin, but an amount of Musicoin equal to roughly 2 cents USD (however, that amount can fluctuate so that it would always be more than what other music streaming services pay). In this way, music plays would emit a stable reward, and people holding onto Musicoins will likely see their investment grow as the system gains wider adoption.

Musicoin's UBI schematic demonstrates how the flow of Musicoins will be set to solve ongoing problems with the global music industry. — Musicoin’s UBI schematic demonstrates how the flow of Musicoins will be set to solve ongoing problems with the global music industry.

Next, all plays on the Musicoin system became free for the listener. The musicians are paid from a fund allocated by the computers processing the Musicoin transactions as described earlier in this article. When the computers process Musicoin transactions and make new Musicoins it is referred to as “mining”. So now, the miners of Musicoin pay the artists while the public listens for free. Far from being a social program, the UBI system arguably makes the Musicoin miners direct competitors with Universal, Sony and Warner. And who are those miners? They could be anyone with a computer and a modern graphics card. Virtually any gamer could easily mine Musicoin. So, normal people all over the world mining Musicoin are helping build a system that rewards artists and listeners in a whole new fashion. If you want to learn more about Musicoin mining, here is a good video: https://www.youtube.com/watch?v=X5-6PXfH7gw

I speak a little bit about the wider implications of UBI in this video:

The UBI system is only the beginning though. Slated for late 2018, Musicoin will introduce a new wrinkle: Proof of Sharing (though it may be renamed to “Proof of Play” as seen in this video). In this system, users actively sharing content will help mine Musicoins. For the nuts and bolts about how the Musicoin system works, read their “White Paper” which is a document outlining Musicoin’s platform design and specifications. Musicoin’s long-term vision can be found in its Roadmap document.

There are other digital currencies aimed at addressing the problems of the global music industry, but Musicoin differs from them in significant ways. Most notably is that Musicoin runs its own blockchain system, whereas other solutions ride on top of other digital currency solutions that process many different types of transactions besides just music. This makes Musicoin potentially faster and able to scale easier to a larger population of users. The other important fact is that Musicoin was the first functioning music streaming service powered by blockchain technology that could be used by artist and listener alike. Being such, it has been the first to successfully deal with real world problems and fashion solutions. In essence, Musicoin is battle tested in real-world applications.

Here are some early Musicoin milestones that have helped shape its evolution and adoption:

Musicoin becomes the first functioning music streaming service powered by blockchain technology that can publicly accommodate musicians and listeners.
Musicoin joins the Enterprise Ethereum Alliance, an organization made up of Fortune 500 companies, entrepreneurs, start-ups, and academics dedicated to smart contract technology.
The Musicoin Alliance forms, as providers of goods and services join in an effort to promote the adoption of Musicoin.
The Hard Data and Musicoin Pilot Program successfully put Musicoin in the hands of active users for music-related goods and services, namely article writing, photography, and the ability to purchase t-shirts and printed magazine subscriptions with Musicoin.
The world’s first DJ mix powered with blockchain technology, “Rock the Blockchain” is released on Musicoin.org.

The future of Musicoin is rapidly coming to fruition. In the future we could see the Musicoin system embedded in commercial products such as speakers and headphones. Internet radio stations could stream Musicoin so that artists are paid for each listener. Web applications would easily allow the implementation of Musicoin links and streams. Soon, you may be able to buy tickets to events with Musicoin, band t-shirts, and a whole raft of goods and services normally associated with the music world. The overall effect of the Musicoin system could be artists making a decent living from fans the world over enjoying their music, and this is the world that Musicoin is helping to make.

The Musicoin view of the future and important milestones towards which it is headed.

Post script: a couple things worth mentioning is that Musicoin has an exlusive URL-shortener for Musicoin.org links, http://jam.dj and a new website administering dj mix policy for the Musicoin system has been launched, http://musicoin.dj

Also, fair disclosure in case its not obvious, The Hard Data is a big fan of Musicoin. We use it to pay our contributors, and accept it for t-shirts and magazine subscriptions. Musicoin helps fund content creation on theharddata.com. So, we are really biased when it comes to the topic of Musicoin. That said, we don’t think you will find a better music-focused digital currency and urge you to look for yourself if you don’t believe us.

Articles

The Hard Data and Musicoin Pilot Program Report

August 31, 2017 DJ Deadly Buda

The Hard Data is an electronic dance music magazine, both print and online, that focuses on several small sub-genres of EDM music. The Musicoin Foundation oversees the maintenance and promotion of a music-focused cryptocurrency called Musicoin. In August of 2017, the two entities endeavored on a pilot program to find out how Musicoin might positively effect a small music scene, and at the same time see if that scene would embrace Musicoin. The program lasted until August 31, 2017. This report was written on the evening of August 30, 2017.

The 31-day program consisted of the following aspects:

The Hard Data would pay writers, photographers, web developers, social media sharers, and artists with Musicoin for the month, in an effort to familiarize the creative base of The Hard Data with the cryptocurrency.
The Hard Data would encourage user sign-ups for Musicoin.
The Hard Data would accept Musicoin for magazine subscriptions and t-shirt sales.

Results

During the pilot program, theharddata.com doubled its readership. Over 2,500 unique users visited thehardddata.com in August, only a little over 1,200 users had visited the site in June and July, respectively.

theharddata.com also greatly increased its flow of content.
23 unique articles were published on theharddata.com during the program, four posts were on its Steemit.com page, three posts were translated to Russian for Golos.io, and a press release and a unique Facebook photo album were uploaded to The Hard Data’s Facebook page. As of this writing, there are still a few articles and photos expected under the program that still need turned in and published after the August 31 deadline. However, the bulk of expected content (35 articles) was on schedule.

The type of content expanded.
During the program, several articles were translated by the community from English into the following languages: Russian, German, and Spanish. This was a new development for theharddata.com, and seemed instigated by the offer of Musicoin for the work.

Adoption of Musicoin by The Hard Data’s creative community was good, especially considering the vast majority of the community was only barely familiar with Bitcoin.
A total of 15 creative contributors were paid with Musicoin during the program, of those, and only four had ever owned a cryptocurrency previously.

During the program, the price of Musicoin tripled.
On August 1, Musiccoin was priced at about .015 USD, and rose to .048 USD by August 29. This of course intrigued the new adopters. However, many have not taken the required steps they would need to actually sell the Musicoin on Bittrex or Cryptopia because the process is still confusing to them.

During the beginning of the Pilot Program, the biggest hurdle was simply talking to potential users to get them to sign-up for an account and get in the system. About a week-and-a-half was spent focusing on this before the bulk of content could be created in the program.

Users were also paid to share content via social media.
This part of the program was less successful than the content creation in that not as many users signed-up for this task. This was perhaps because The Hard Data was primarily focused on content creation, and spent more time reaching out to those potential users. That said, by the time this article is read by the majority of the public, over 1,050 links back to content generated during the Pilot Program will have been shared on social media. So, the word got out none-the-less, but it would have been nice to have a larger number of users aggressively sharing the content.

67 New Users signed-up via The Hard Data’s sign-up link during the Pilot Program.
12 of these would release music on the platform. Two of these users also contributed to content on theharddata.com. So, of 67 sign-ups, 24 (36%) were active creators in some way to the music ecosystem facilitated by Musicoin.

0 subscriptions or t-shirts were purchased with Musicoin during the Pilot Program.
This was disappointing. However, there was no real online-shopping cart for users to make a purchase. Essentially, the purchase would have had to be made via Musicoin’s commenting interface built into musicoin.org, and would have required theharddata.com to comment back and then contact via email to complete the transaction. So, this aspect of the Pilot Program I believe is only a failure because of the technical handicaps and time constraints.

An unexpected result of the Pilot Program was that the first blockchain-enabled DJ mix was created, which garnered outside press on at least three well-known cryptocurrency websites and brought attention to Musicoin.

Pending Results

There are still a few loose-ends to tie-up to relevant to the Pilot Program. These pending results of the Pilot Program won’t have much directly measurable results with the public though, and as such were considered a secondary priority. Nonetheless, they are expected to be completed shortly.

These aspects currently in process are: a modified version of this report will appear in the print version of The Hard Data magazine. There are several jobs for the print issue that still must be finalized by its publication on September 21. Initially, the print magazine was scheduled for the last week of August. However, Insomniac Events—the USA’s largest EDM show producer—agreed to buy an ad in the upcoming issue, and the artwork will not be ready until the first week of September. I decided it would be best to delay the printing a week or two to facilitate the nation’s largest event company in the magazine’s space.

3.5 hours are still pending on web development tasks. The proposed tasks were integrating Musicoin with theharddata.com via API more directly, and streamlining various aspects of the site.

Conclusion

Obviously, I have a biased conclusion being the publisher of The Hard Data. However, I think the numbers support my view that the Pilot Program achieved important goals.

It introduced users unfamiliar with cryptocurrency to accept the currency in exchange for services.
Because content creators were paid, it doubled the readership of the site, and generated more, better, and wider-ranging content, expanding the music ecosystem with which the magazine and Musicoin was involved with.
Musicoin tripled in price. Though the Pilot Program was not solely responsible for the uptick in price, it was an active and visible participant aggressively spreading the word of Musicoin’s adoption to crypto and non-crypto users, which was recognized by the crypto community.

Ultimately, I believe the Pilot Program demonstrates that Musicoin can have a profound impact on a small music scene and these techniques can be extrapolated to larger music ecosystems. It can be reasonably concluded that the only things delaying Musicoin’s greater adoption can mostly be solved by mere manpower. The Hard Data/Musicoin Pilot Program has established that non-crypto users will accept and adopt the usage of Musicoin in exchange for services and listening to music.

Announcements, Articles

На платформе Musicoin размещен первый в мире блокчейн DJ-микс

August 28, 2017 Harhor

Каждый раз, когда микс “Rock the Blockchain” (автор диджей Deadly Buda) проигрывается на платформе Musicoin.org, 15 отдельных музыкальных треков в жанре электронной танцевальной музыки, а также их авторы, в течение нескольких секунд автоматически получают оплату.

Этот микс был завершен в 2:00 13 августа 2017 года, когда Deadly Buda выполнил интеграцию 19 “смарт-контрактов” на блокчейне Musicoin и приложил их к своему диджейскому миксу. “В целом, это кардинальная перемена для любого музыкального жанра, в котором участвует диджей: EDM, Disco, House и Hip-Hop,” – сказал DJ Deadly Buda.

Микс “Rock the Blockchain” можно послушать тут.

Обложка микса “Rock the Blockchain”. Микс содержит 15 EDM-треков различных жанров: Hard Electronic, Dubstep, Hardstyle, Hard Bass, Jungle, Drum and Bass, Hardcore Techno, Shamancore, Tekno, и Ambient, авторами которых являются музыканты Counterstrike, Satroniq & DJ Delirium, Teknoaidi, Subterranean, Cap, M27, Harhor и Deadly Buda.
С тех пор, как формат диджейских миксов обрел популярность в 1970-е, он до сих пор пребывает в полулегальном состоянии. Поскольку записанный микс является непрерывным сочетанием нескольких отдельных песен или «треков», он требует многочисленных разрешений, документов и лицензий, чтобы стать юридически совместимым. К тому времени, когда необходимые документы готовы, аудитория обычно рассматривает музыку в миксе устаревшей, поскольку в моду уже вошло новое звучание. Следовательно, большинство диджеев на протяжении десятилетий не удосуживались получать разрешения и выпускали миксы «незаконно» на кассетах, компакт-дисках, а теперь на платформах Soundcloud и Youtube. Как правило, основные авторы в этих миксах не получают денег за свою музыку и часто даже не упоминаются в титрах. По этой причине диджеи часто не предоставляют плейлисты, чтобы избежать контроля, ограничений по времени, отсутствия надлежащей маркировки на танцевальных записях или, в худшем случае, хотят все внимание привлечь только к своей персоне.

Как ни странно, танцевальные продюсеры делают свою музыку специально, чтобы на ее основе можно было делать миксы, и призывают популярных диджеев использовать свои песни. Диджейские миксы, зачастую технически незаконные, являются основным каналом рекламы для небольших сцен танцевальной музыки или талантливых исполнителей. Итак, в течение последних нескольких десятилетий музыкальная индустрия вообще не применяла свои авторские права на диджейские миксы, хотя и могла это всегда сделать . Следовательно, диджеи, опасаясь потенциального обвинения, редко могут публиковать свои миксы для большой аудитории или получать гораздо больший доход, чем стоимость записей или Mp3, использованных в миксе. Кумулятивный эффект этой полулегальности заключается в том, что диджейские миксы по-прежнему считаются «андеграундом», хотя аудитория слушателей танцевальной музыки очень хорошо их принимает.

“Чем больше я узнавал о технологии блокчейна, тем отчетливее я понимал, что проблемы с законностью диджейских миксов близки к тому, чтобы уйти в прошлое,” – утверждает DJ Deadly Buda, – все разрешения, документы и платежи могут быть выполнены мгновенно.”

Musicoin это сфокусированная на музыке криптовалюта с возможностью смарт-контрактов.
Технология блокчейна – это, в общем виде, распределенная база данных, поддерживаемая несколькими компьютерами. Самый популярный в мире блокчейн – Биткоин, он вдохновил другие блокчейны нацелиться на конкретные сферы мировой экономики. Musicoin, как следует из названия, ориентирован на музыку, музыкантов и поклонников. Когда пользователь воспроизводит песню на musicoin.org, исполнитель песни получает один Musicoin (стоит около 0,01-0,02 доллара США), и это происходит за считанные секунды.

Система блокчейна Musicoin позволяет музыканту загружать песню и прикладывать так называемый «смарт-контракт», который может распределять платежи нескольким сторонам, если это необходимо. Например, смарт-контракт можно запрограммировать так, чтобы каждый раз, когда играется песня, барабанщик, певец, гитарист и басист в группе получали раздельную оплату.

«Когда я понял, что каждая песня в системе Musicoin имеет свой собственный платежный адрес, я вспомнил множество знакомых музыкантов, делающих отличную музыку, которая подходит для загрузки. Затем я попросил разрешения использовать их музыку в моем миксе, – сказал Deadly Buda. – После встречи с некоторыми из музыкантов было решено использовать следующую формулу: 40% дохода от микширования поступает диджею, а 60% равномерно распределяются между песнями в миксе. Диджей проводит много времени, просеивая кучу музыки, чтобы найти драгоценные камни, которые затем он или она играет для публики, поэтому я хотел одновременно учесть эти трудозатраты и расходы, в то же время оставив достаточно места для каждой песни, чтобы она могла заработать деньги ».

DJ Deadly Buda выпустил первый в мире диджейский микс с использованием блокчейна.
Новая парадигма создания и оплаты диджейских миксов теперь официально существует благодаря DJ Deadly Buda и Musicoin, “но предстоит еще много работы, – говорит Deadly Buda. – В самом ближайшем будущем, вероятно, появится только одно поле для ввода данных, которое сможет использовать музыкант и которое даст всем участникам системы право на микширование их музыки, поскольку она будет оплачиваться через смарт-контракт. Как только это произойдет, систему уже невозможно будет остановить, она принесет огромную пользу как существующей музыкальной индустрии, так и новым музыкантам.”

Здесь вы можете зарегистрироваться на платформе Musicoin.

Announcements, Articles, Deadly Buda

World’s First Blockchained DJ Mix Released by Deadly Buda on Musicoin

August 21, 2017 Media Team 2 Comments

When DJ Deadly Buda’s “Rock the Blockchain” DJ mix is played on Musicoin.org, fifteen separate electronic dance music tracks and their artists get paid automatically, within seconds.

The system that makes this possible was made public at about 2:00 AM, on August 13, 2017, when Deadly Buda finalized the integration of 19 “smart contracts” on the Musicoin blockchain and attached them to his DJ mix on Musicoin.org. “This will completely change the dance music landscape,” said DJ Deadly Buda, “it’s a

Click here to visit Deadly Buda’s Musicoin profile.

development on par with the introduction of the 12” single or the crossfader. It will change the way we do things creatively and the listener will be the winner.”

The DJ mix contains 15 EDM tracks of various genres, hard electronic, dubstep, hardstyle, hard bass, jungle, drum and bass, hardcore techno, shamancore, tekno, and ambient, by artists Counterstrike, Satroniq & DJ Delirium, Teknoaidi, Subterranean, Cap, M27, Harhor, and Deadly Buda.

The DJ mix format was popularized in the 1970’s and since then has existed in a quasi-legal state. A recorded DJ mix is a continuous blend of several separate songs or “tracks”. To be traditionally legally compliant, this requires numerous permissions, paperwork, and licenses. By the time the paperwork is done, the audience generally considers the music in the mix old, and has moved on to the latest sound in fashion. Consequently, most DJs over the decades haven’t bothered to get the permissions, and have released the mixes “illegally” on cassettes, CDs, and now, SoundCloud and YouTube. Generally, the artists in these mixes aren’t receiving any compensation for their music and oftentimes aren’t even credited as part of the mix. Many DJs don’t supply playlists due to avoiding scrutiny, time constraints, lack of proper labeling on dance records, or at worst, just wanting all the attention for themselves.

Rock the Blockchain's flyer graphic is from the 1993 Turbo-Zen party in Pittsburgh, PA, High Voltage! The graphics would later be mentioned by Dan Mross in the movie "The Rise and Rise of Bitcoin" for its slogan, Technology Must Be Used to Liberate the Indvidual." — Rock the Blockchain’s flyer graphic is from the 1993 Turbo-Zen party in Pittsburgh, PA, High Voltage! The graphics would later be mentioned by Daniel Mross in the movie “The Rise and Rise of Bitcoin” for its slogan, “Technology Must Be Used to Liberate the Indvidual.”

Ironically, dance music producers make their music specifically so that it can be mixed by DJs, and clamor for popular DJs to use their songs. DJ mixes, though often technically illegal, are the main channel of publicity for smaller dance music scenes or up-and-coming talent. So for the last few decades, the music industry has generally not enforced their copyrights against DJ mixes while retaining their right to do so. Consequently, the DJs, still fearing potential incrimination, can rarely publicize their mixes on a grand scale or derive much more income than money they spent purchasing the records or Mp3s used in the mix. The cumulative effect of this quasi-legality has been that DJ mixes are still considered “underground” even though it is the audience’s preferred manner of listening to dance music.

“The more I understood blockchain technology, the more I realized that the legal problems with the DJ mix were about to be a thing of the past,” stated DJ Deadly Buda. “All the permissions, paperwork, and payments could be done in an instant.”

Blockchain technology is basically a decentralized ledger system maintained by multiple computers. The most popular blockchain in the world is Bitcoin, and it has inspired other blockchains to target specific areas of the world economy. Musicoin, as the name suggests, is geared towards music, musicians, and fans. When a user plays a song on musicoin.org the artist of the song gets paid one Musicoin (currently worth about $0.01-0.04 USD)—usually in a matter of seconds. This is significantly higher than average artists get paid per play on Spotify or iTunes.

You can sign up to Musicoin here.

Furthermore, the Musicoin blockchain system allows an artist to upload a song and attach what is called a “smart contract” that can distribute payments to multiple parties if needed. For example, the smart contract could be programmed so that every time the song is played, the drummer, singer, guitarist, and bassist in a band all split the payment.

“When I realized every song on the Musicoin system had its own payment address, I got as many people I knew that made great music to upload. Then, I asked their permission if I could use their music in my mix,” revealed Deadly Buda. After conferring with some of the artists, realizing they were helping to establish a new paradigm, the following formula was decided: 40% of the mix revenue goes to the DJ, and the remaining 60% is split evenly between each of the songs in the mix. “A DJ spends a lot of time sifting through a lot of bad music to find the gems he or she plays for the public, so I wanted to honor that time and money expenditure while at the same time leaving a fair amount of room for each song to make money as well.”

A new paradigm for how DJ mixes can be made and monetized is now officially live thanks to DJ Deadly Buda and Musicoin, but there is still work to be done says Deadly Buda, “In the very near future, there will probably be just a checkbox an artist can use that gives anyone on the system the right to mix their music so long as they get paid via a smart contract. As soon as that happens, the system will be unstoppable and will benefit the established music industry and new artists alike.”

You can sign up to Musicoin here.

Announcements, Articles

The Musicoin Alliance

August 2, 2017 DJ Deadly Buda

The Musicoin Project announces the Musicoin Alliance.

The primary goal of the Musicoin Alliance (also known as the $MUSIC Alliance) is to push forward decentralized technology for the music industry regardless of platform. The seven strategic partners include The Hard Data magazine, producer & audio engineer Hank Kalleen, The Polish Ambassador’s Jumpsuit Records, San Francisco’s Knock Knock Recording Studio, mobile music app maker MiQ, direct license music distributor Noisehive, & decentralized music platform OPUS Foundation, with more to come.

The Hard Data – America’s leading online and print magazine dedicated to hard electronic dance music, now uses Musicoin for contributor payments and accepts Musicoin for its printed magazine subscriptions. “Musicon has the potential to create a music ecosystem that producers have only dreamed of, and if realized, might trigger a new, worldwide, creative Renaissance,” said Joel Bevacqua, The Hard Data’s editor and head writer.

Hank Kalleen Audio Production – Gold record producing audio engineer based in Hollywood, California. Hank has worked with Paul Oakenfold, Ceelo, Eve, The Knocks, Miguel, Frenship, and more. Hank now takes Musicoin for music production services and said “This project is doing something brand new and different for the music industry. I’m excited to start taking Musicoin for production services to see where this rabbit hole goes.”

Knock Knock Recording Studio – An analog 24 track to 2” tape studio in San Francisco, California, specializing in hip-hop and smooth analog sounds is now open for booking recording time with Musicoin. “Now with the ability to use what you’ve earned on Musicoin to record a brand new record, it changes the game. Musicoin now closes the loop on what we see as a new Musicoin economy. We’re glad to be a part of that,” said Ari Sandoval, Knock Knock Audio Engineer.

Jumpsuit Records – Record label and music curation project of The Polish Ambassador and his cohort of scientists, spirit animals and vibe consultants, is releasing their entire 450 song catalog on Musicoin. Jumpsuit aims to offer a steady supply of nutritious auditory vitamins in digital music format. “What Musicoin is doing is very cool. Jumpsuit Records plans on uploading a track a day, so we can wrap our minds around how it all works.” said The Polish Ambassador, Jumpsuit Records.

Noisehive – An independent, worldwide music distributor out of Melbourne, Australia offering premium digital distribution to all major platforms including Amazon Music, Apple Music, Beatport, Deezer, Google Play, iTunes, Pandora, Spotify, and Tidal. Noisehive will add Musicoin as a standard release channel for independent artists doing direct licensing. “Noisehive is very interested to work together to help with the growth of Musicoin, and bring our roster of independent artists to play,” said Ashley Gay, Founder at Noisehive.

MiQ – will leverage the Musicoin library and offer free plays in a new mobile streaming app. “Musicoin and its creator Isaac Mao have truly brought something valuable to the world. Thanks to blockchain and cryptocurrency technology we have arrived at the new Internet age – now any form of content shared on the Internet can be recognized as having a tangible monetary value; while intrinsically connecting everyone in that social network. MiQ’s highly dedicated and international team sees joining with Musicoin as a great opportunity to play a contributing role in shaping the next generation of music Apps.” Said Johnny Quattro, Founder CEO of MiQ Group.

OPUS Foundation – The streaming music platform being built on Ethereum & IPFS has grand plans for a completely decentralized music streaming service. Musicoin will work with OPUS to test lower transaction costs and different scaling methods than Ethereum can offer. “There are still some things to overcome before going mainstream, including scaling gas costs associated with millions of track purchases per day on Ethereum. We’re open to every possibility of potential for partnership with Musicoin to help solve these issues.” said Mateusz Mach, COO at OPUS Foundation.

Musicoin Alliance strengthens the long-term effort to build a worldwide Musicoin economy. Musicoin has grown a community of thousands of musicians, fans, and miners with the music streaming platform at Musicoin.org. The Musicoin Alliance builds even more avenues for them to connect and share.

Musicoin (MUSIC) is a smart cryptocurrency & music licensing platform built upon the Musicoin blockchain. Artists, industry associates, and music listeners worldwide are encouraged to visit Musicoin’s official website at www.musicoin.org

For all media, interview and other inquiries, please contact:

Dylan Tarre, Chief Evangelist, Musicoin Project
E: press@musicoin.org

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