Post
Topic
Board Announcements (Altcoins)
Re: [ANN]MOOZICORE | IEO -Music Streaming Service on Blockchain | Coinbebe | LAToken
by
charlop24
on 16/07/2019, 10:58:50 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.

This is a really amazing breakdown of the ways with which you can earn. You really seemed too good to be true initially but knowing that you have secured ways to earn from the platform as well is relieving.

I think the prices are little lower than what most nightclubs pay for music. I guess that’s just the minimum, most clubs would pay more. It’s also a good start for moozicore, low cost would mean people would like to try it out.

I actually don't know that nightclubs pay for the songs being played by the DJ. I don't think that is applicable for every country or location. I suppose its based on the regulations of the country. Its a great source of raising funds for moozicore.