Post
Topic
Board Announcements (Altcoins)
Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
Big Naturals
on 08/05/2018, 23:38:25 UTC

I like the concept, but it looks like a bunch of musos and tech nerds had a great idea with FUNK, but forgot to actually connect the two together, what is the point of owning FUNK?



If you own FUNK, you'll be able to change it soon for the new ETH token - Soniq, in 1000:1 ratio.
I recommend you to check the last ~10 pages for more info.

I think his main question is; what gives the token value? Can you buy music with it for example?

Exactly, I love the decentralised band and music idea, but what is the economics behind FUNK? From what i can tell the FUNK currency is not needed for the music project, so why would people buy it?

I like the vibe here, and I have a small bag of FUNK, so it would be great to see the economic side of the project explained a bit more.