The same attack started on $MUSIC chain days ago, we have patched and mitigated the vector, yet to fully confirm the effectiveness. https://medium.com/@musicoin/defending-music-blockchain-and-its-core-value-47716ee03a18
Not sure I follow your logic that compensating artists fairly and equally disincentivizes creativity. Tracks which people enjoy listening to are likely to be played in their entirety. They’re also bound to be revisited, saved as favorites, shared, and even tipped. It is not our role to be arbiters of what listeners enjoy. Not to mention, the lo-fi…
I understand that not everyone has a Facebook or Twitter account, but verification via other sources online is important to ensure that people coming aboard are not trying to game the system to attempting to monetize someone else’s work.
Established musicians can present links to their own webpages or Bandcamp pages as well!
It should not be wasted. But it's afraid that maybe big companies won't care user experience very much for their established box. The design here is definitely a cool one, if it connects to the real world business.
Welcome to join Musicoin Project to make the freest music product and service.
Thanks, Mari! Currently the platform is web-only, but development is underway for a mobile app, which should be released later this year. https://medium.com/@musicoin/unveiling-musicoin-mobile-app-design-2d5570e57139
A portion of mined MUSIC is directed towards the artist pool to be used to fund our free musicoin.org platform. Miners are free to use the remaining coins however they see fit.
This is not unlike Dash setting aside a portion of mined coins for their marketing budget, except we believe putting money into the hands of the artists is a far better use case.
Paul, aportion of mined Musicoin goes into the pool used to pay artists. The miners are free to hold and/or trade the remainder.
This is literally no different than Dash allotting a portion of mined Dash for their marketing budget, however, we believe putting assets directly into the hands of the artists is a far better use case.