I mined and held under the assumption that the musiconomi project was also based on musicoin.
Now it will instead be based on ethereum
So what exactly will this coin be used for if the "alliance" is using other currencies instead?
Yep I was under that impression for months.
Musiconomi still name drop Musicoin in their ICO promo material and still use the Musicion logo all over the place but they have nothing to do with Musicoin any more.