Musicoin which had been in a state of total freeze for months, with an activity close to zero on their site, and the same thing on the side of the only exchange that still allowed to exchange Musicoins: Dove Wallet, seems to come out of the darkness. Indeed, since the Team has just announced the Swap of the current Musicoin, to a Musicoin, this time, really based on the ERC20 protocol. Between the November 15 to December 15 (the Deadline), the Swap will start. The conversion rate from the old $MUSIC token to the new $MUSIC token is 1:1.
Keep in touch on their Telegram Channel for more news.
For the history, know that Musicoin was the first music streaming site based on the blockchain. A precursor then!
I had very harsh criticism with Musicoin, because we waited more than a year for an interface worthy of the name that could have been able to attract many more music lovers and finally make the platform grow. Artists, that's not enough. You need people to listen to these artists, to buy their music or their merchandise. You need to have a great site to attract them!
When the fall that put them in what seemed like a difficult situation happened, I was an Ambassador for the platform, and I still am, unless I'm mistaken. I mean you have to remain lucid and critical. Pointing fingers at what's wrong. I'm still believing they can do it. A couple of guys there have never given up their passion and motivation to make it done, to make it great. Hats off to it! For me the boat had already sunk.. So, let's see what could happen after this Swap!
I hope that this time they will learn their lesson, and that as a result of this Swap they will finally develop a viable platform. It was a great project based on the UBI, and it can do it from the Ashes of the Phoenix. The Yellow Paper can be read here.
If you have Musicoins, here is the link to know how to convert them to the new Musicoin, by Swapping them. Once the Musicoin stored on Dovewallet, when the Swap will start they will be converted automatically. Good news!
Let's Rock the $Music!
Some of mine.
Nice musicoin