Musicoin is blockchain platform designed specifically for music licensing and consumption. Musicoin will allow musicians to independently license and release their music such that each playback will trigger a payment from the listener directly to the musician. Payments are nearly instantaneous and can be automatically divided and distributed to all contributors, such as band members, songwriters, and producers. Whenever a track released by a musician is played the Pay-Per-Play license (PPP) license code will be triggered and the payment from the listener will be automatically divided and distributed according to the terms of the PPP license.
Musiccoin (MUSIC) Features
Technology Specifics for Musiccoin (MUSIC)
Musiccoin (MUSIC) uses the Ethash algorithm and relies on the PoW proof type.