Hello Friends! 
While some people are still wondering if Bitcoin is legal, others are paying a massive amount of taxes on their gains…This should be your obvious proof that the US government finds Bitcoin very legit…
While lots of music artists don't know about Musicoin yet or are complaining that Musicoin is sometimes slow, smart ones are taking full advantage of the platform and getting paid while it is still officially in beta.
The artist above made $2300 off less than 4000 streams... How is that possible? Keep reading!
While most blockchain companies are raising tens of million of dollars through ICOs (initial coin offerings) and have no functioning products, Musicoin is already solving a real problem for music artists, and without doing any ICO...
What is Musicoin?
Musicoin is a new platform based on a new technology: it is the 1st smart blockchain for Music. The revolutionary benefits for music artists are:
- receiving the highest streaming rate ever, 1 $MUSIC coin (1 $MUSIC coin = $0.017 at the time I'm writing this, more than 3 times higher than Spotify)
- receiving tips from listeners ( 1 to 1000 times the value of 1 stream )
- instant payment to all contributors of the songs
- pressing play on a link you shared on Social Media triggers a stream and therefore a payment
- all transactions are transparent and therefore can be verified at anytime
- free to use and free to listen, thanks to the concept of Universal Basic Income (UBI) (talked about by some of the most famous leaders such as Elon Musk and Mark Zuckerberg) combined with the Musicoin community of miners.
How to make the most out of Musicoin
Upload your songs/tracks on a regular basis.
Make sure to upload quality recordings, no unmixed songs, no drafts...Share your songs/tracks on a daily basis.
The biggest mistake artists make on Musicoin is that they upload their songs and then hope that some random magic will happen and that they will end up will thousands of dollars in return…
Using Musicoin is like any other business: you need to create traffic.
How to create traffic for free? Social Media. This is marketing 101.
This is why I’ve been stressing the importance of building a massive amount of followers on Social Media; it creates a real value for your business. This allows you to drive your followers (aka potential customers) to a website, to click on something, to an offer for free! The dream of any marketers!
Share your songs/tracks on Social Media every day!
- Put the Musicoin player on your website.
Here’s the page where you can get the code to add to your website.
If you edit the code a certain way, you can put the Musicoin player on auto-play on your website. It means that each time somebody visits your website, you’re triggering a stream and therefore you’re getting paid (1 $MUSIC coin) right away. This is how I monetized my educational video game.
- Hold the coins
I’m not a financial advisor but if you don’t need the money, hold the $MUSIC coins as long as you can since the project is still at its early stage, meaning the coins could get a much higher value in the next months/years. Is there a risk though? Absolutely. If the projects fail, the value of the coins could go to 0. It's up to you to decide when to exchange your $MUSIC coins to dollars. I'm personally not selling them anytime soon (Ripple made 37000% last year for example and it is not an isolated case).
- Become an ambassador
If you like the project and are able to provide value to it, you could apply to become an ambassador. You could get rewarded for valuable content such as online tutorials, public presentations…Developers are welcomeas well! You can also mine Musicoin or invest/buy $MUSIC coins on Bittrex.
There you have it! This is how I am maximizing my use of Musicoin!
4600+ verified artists are already using the platform.
Disclaimer: I am an ambassador for Musicoin and I am compensated to talk about it.
My website
Join my 500k followers on Twitter
I almost converted some of my musicoins the other day but then had the exact thought you mentioned;) I have a feeling that with the new website and the upcoming app, we’ll see an increase in the coin value. When people will be able to share playlists and listen on their mobile, it’ll be a game changer! So HODL for now ;)
300% ;)
#teamhodlmusicoin
100% with you Petra!
yep!
HODL and Dance
Totally agree Pascal! Very well put!
Thanks. Yes I thought it was needed to make things very clear :-)
Very well explained Pascal! Kudos on a great write up
#teamhodlmusicoin
Thank you my friend!
Musicoin is so revolutionary and I didn't hesitate to integrate it into AtomCollectorRecords.com to help musicians get more plays. It has been amazingly popular and has diverted plays away from the more traditional platforms as it pays so much more!
Looking forward to what is in store in the coming months!
Music artists often ask me if they "should" use it. My answer: "It's free! Why would you not use it? Don't you need money?" lol
Thanks for the great post. It´s always nice reading your articles.
It makes me feel like I´m doing the right thing. Congratulation
🙏
Wow! 2300$ out of 4000 streams it's an insane ratio! Everybody should get on board!
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Grazie Pascal
Please take a look also to this post for embed musicoin on steemit https://steemit.com/utopian-io/@elguille/proposal-to-allow-musicoin-player-to-be-embedded-in-steemit-posts#@lorenzopistolesi/re-omitaylor-re-atomcollector-re-elguille-re-onos-re-elguille-proposal-to-allow-musicoin-player-to-be-embedded-in-steemit-posts-20180503t090531720z
Yep, good idea!
A really great platform, glad you're mentioning it. I just hope that the project follows it's very promising roadmap.
Wow! 2300$ for 4000 streams it's a ridiculous ratio! Everybody should be on board!
Check some of the latest research on Universal Basic Income here: https://www.weforum.org/agenda/2018/05/how-we-make-basic-income-reality-Rutger-Bregman
After april 2018, Chrome removed the possibility of having a music player auto playing as soon as a web page loads. Therefore I found a way to get the music to start streaming from Musicoin when the viewer hits enter to start playing the game 👍(for programmers: by creating an iframe when the viewer hits enter!)
Posted to the new Crypto Musician Google+ Community:
https://plus.google.com/u/0/communities/105142807108190059862
Hello! We do one thing. I followed you, I hope you will follow me. Let's develop the power of steemit together and improve your blogs.