Quote from: Figatko on February 16, 2020, 11:24:10 AM

From their Telegram channel.

Hello Musicoin family! Just finished the weekly Musicoin call and there are some amazing announcements made by Isaac. Here are some notes with what I consider the Important points:

- Musicoin will migrate to the Ethereum blockchain and adopt an ERC-20 token. This will help reach new financial markets, list on various exchanges and overall ease of use.

- there will be a coordinated marketing campaign to explain the decision and how this benefits the Musicoin community

- That move would most probably be connected with the launch of subscription plans, to continue feeding the UBI

- Musicoin Merch will be included in the marketing aspect. Alex, Gibran, Frank from Merch Company will initiate communication regarding this topic. All are welcome.

- Artist of the week will continue, but we need to assign roles to this task. Brent Bristol was proposed.

May I suggest moving to the Tao blockchain instead? Tao 2.0 is ready and will be publicly launched in the next few weeks using a modified fork of Ethereum. Tao 2.0 will be delegated proof of stake using masternodes.

Tao has always been about funding musicians and so any music project which launches or relaunches as a token on the Tao blockchain will be given preferential listing on the AltMarket exchange and their own masternode with a share of profits and a potential voice in the governance of the Tao network

You will be given 100,000 TAO which is a free masternode.

There will be a max of 150 masternodes active at any given time. Each active masternode will help produce blocks and earn revenue. At first there will probably be fewer than 150 masternodes so anyone with 100K Tao will be able to participate.

Once the pool of potential masternodes grows over 150 who gets to operate a masternode will be determined by how many votes they are given by Tao holders pledging delegates. Delegates will earn 50% of each block produced by the masternode they're pledged to.

So in other words, if $MUSIC supporters buy Tao and then vote for the MUSIC masternode, they can help the project get funding and make money themselves independent of the price of $MUSIC itself!

And out of the active masternodes, 20 will be selected--again through a simple voting process--to be part of the board of governors and have a say in the way the TAO network is run.

If you have questions, please just ask. You can also talk to me on Twitter @ACG_Crypto or via the @TAOBlockchain account. Happy to help and answer questions.

Join us!