Musicoin is a music streaming platform built on the blockchain that supports the creation, distribution and consumption of music in a shared economy. Listeners can stream songs from independent musicians on our platform absolutely free and without ads, while musicians are compensated more fairly than major music streaming platforms in the industry.
Musicoin uses the blockchain to power a decentralized, peer-to-peer, platform. Similar to Bitcoin or Ethereum, our implementation of the blockchain allows us to host music available to everyone and transactions that are transparent and secure. It also means that there are no third-parties involved and musicians get 100% of the revenue from their streams.
You're probably wondering how our platform is both free for listeners, and at the same time pays musicians better than any streaming service currently available. We accomplish this by leveraging the blockchain to remove intermediaries an implementing a model called Universal Basic Income (UBI) that supports both listeners and musicians.
UBI is an economic model to ensure each contributor to the platform is fairly rewarded in proportion to their contribution. In Musicoin's context, a UBI pool is created to secure musicians' income from PPP on the platform, at a fixed rate that is fair, uninfluenced by market forces and higher than that of any other competing streaming platforms. This will boost the influx of content from musicians as well as make streaming music free for listeners, therby ensuring deeper penetration of Musicoin into the streaming market. Unlike other streaming platforms, users on the Musicoin platform will be able to stream songs for free and without ads.
Ad free streamingWith the power of our blockchain platform, you can stream our catalog of music from independent musicians. Absolutely free, and absolutely without ads.
Directly support musiciansFollow your favorite musicians and stay up to date in their activities and creations. Communicate with them directly and show your appreciation for their content by providing feedback, tipping, sharing songs and curating playlists.
Join the revolutionBy joining Musicoin, you are ushering a paradigm shift in the music industry by revolutionizing how value is created and shared in a musical economy.
Musicoin for musiciansWith a unique currency, fair compensation, transparent contracts and no intermediaries;
Musicoin is revolutionizing the creation and distribution of value for musical activity.
The Musicoin Blockchain ensures each musician receives the most competitive industry compensation, instantly and automatically, for each stream of music.
We designed a global currency (MUSIC) to support the global trade surrounding music and music-related businesses. The currency is not issued by a single entity, but by a network of computers through a process known as mining. This system has been tested and proved by cryptocurrencies such as Bitcoin, Ethereum, Dash and others. Mining involves many computers around the globe running a complex computer algorithm, with the entire network collaborating to generate a currency which can't be counterfeited, can't be “double spent” and can't be manipulated or otherwise damaged through negligence or malicious intent.
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