Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Musiconomi - A New Music Economy That Works for Everyone (MCI)
by
ChromaticStar
on 14/07/2017, 17:18:18 UTC

What's the difference  with http://opus-foundation.org/?

It's only one is on ETH and another is on musicoin?Huh?

How much I play one song in musiconomi App?

Opus is interesting, especially with the progress they've made on the IPFS approach to music storage (which is actually how the Musicoin.org platform handles it too). But since it is a entirely ETH-based they aren't using the same Pay-per-play micro-transaction schema as the underlying Musicoin technology, purely due to prohibitive transaction costs in eth, you have to buy the track outright. So it's basically chinese iTunes on blockchain. They have their own challenges, and I wish the team luck. Innovation and competition is healthy for all parties involved.

Right now the smart contract charges one mc per play, but we intend to switch that up to allow artists to set up the smart contracts on a per-track basis to allow them to charge however much they think is fair for a play, including fractions of a musicoin.

s
Smart contract charges one mc per play is very stupid thing. It limited the Musicoin value. I hope they wiil change it. No value no miner and nobody know this coin. I hope this coin and this ICO change will the music world.

The one MUSIC PPP is going to change soon. Artists will be setting their own price once the platform is upgraded.