Post
Topic
Board Announcements (Altcoins)
Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
mckmuze
on 13/11/2014, 20:51:29 UTC
So did everyone see the new feature in clear wallet for registering proof of existence within the platform? Love how the project is coming along with Peter Todd on board. I know we are using Dogeparty, but I think we should keep an eye on the project as a means of alternative to copyright.

The sec is being pressured to finish developing a plan to handle early stage equity and crypto is the way forward for that. I personally think we should use funk as a medium  for collaboration with each band/artist using an individual crypto equity. I want to do an equity offering for my fans as soon as the legal framework is finished. When I do I will personally provide liquidity to the funk market with a certain percentage of my equity offering. Not sure how this will work out but the more individual projects offering crypto equity engage in liquidity swaps and other financial deals, the faster we will see the music industry transform.

We wont know how we can do all this until the SEC issues guidlines for projects like The reddit equity offering, Overstock.com and many others working in this space. The more clear cut guidelines are for investors the easier it will be to go forward. Granted I would like to do this in a way that doesnt involve the regulatory vultures. but the world just isn't ready to approach things in any other way. So the necessary evils will persist. but it doesnt mean we cant restructure the music industry to favor artists and their fans as much as possible. Rather than corporate leeches that do nothing but drain an artists until they are quite literally, dead.

More and more people are beginning to see a new world taking shape, we are going to help mold it. this was a great read, really got me thinking. http://www.kalogiannideslaw.com/equity-crowdfunding-music-movies-books/