Revolutionizing the creation and distribution of value for musical activity
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.
How it's made
In the past we have used our own blockchain which was an Ethereum fork. Now we have moved from our coin to a new erc20 token on Ethereum mainnet and we're looking to leverage second layer solutions such as Skale to increase the speed and reduce the fee of our micro-transactions. Every artist and track on our system is a smart contract which can be interacted with. In the future we are looking to build a new economic model that includes DEFI and the use of NFT's.Technologies used