Post
Topic
Board Announcements (Altcoins)
Re: [ANN]MOOZICORE | IEO -Music Streaming Service on Blockchain | Coinbebe | LAToken
by
tippytoes
on 14/07/2019, 21:50:57 UTC
How do you intend to make money? Since you're trying to build on a decentralized platform which typically means you're giving out content for free. How does the team intends to make money? What other source of revenue?

Every venue pay a monthly subscription of 39,90$ which is even cheaper compared to public institues. So cheaper than paying those people which u usually have to pay when you open up a venue (Google on sesac, bmi, ascap which is around 600-4000$ per year.

So the app gives 4 options and 3 options costs something

1. Vote 0.05$
2. Play a Song 1,50$
3. Add a song 0.5$
4. Share it on social media

So the prices above are the minimum, also represents the 0.05$ the minimum worth of 1 token in app. Meaning you send 1 token to the app, its worth a minimum of 0.05$ or higher if MZG costs more.

All prices above can be changed to a higher value from the venue owner. Example: Nightclub would probably ask for way more for play 1 song, so thats up to them.

I guess that’s going to be higher since costs are pegged to the trading price of moozicore tokens. Would you make your software open sourced? I think there would be a lot more city clubs willing to make a bit more advanced profits because the they are more popular or users would love to pay more because they like the song.

BTW I think that’s a cool way to reward music creators with crypto currencies. Awesome.

And with that, they might be inspired of sharing more of their talent to the community. Sometimes they are not compensated well with the music they are creating. So this is another way to appreciate their music. However, this platform should tap as much as musicians or singers out there to make their platform known and successful.