Steemit Tokens related to music, quick analysis.

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Written by
4 years ago
In communities: Music Blockchain(ce78) , Cryptocurrency(10fa)

Hello ReadCash,

We followed for a few days the main Steemit Tokens related to Music, not all, but some. Some are also related to art in general, elsewhere.

Our observation is a little disappointing, in fact:
Volume in 24h, near 0.
Value, near 0.
Usefulness, 0.

An exception with the ATOM Token from Atom Collector Records, which offers real possibilities of use: music streaming, upvotes, NFTs indie music related Cards, even goods, etc. Real goods! A good start!

A virtual currency only really has value if you can use it.

When friends send beer, coffee, gif, and whatever, just for fun on Steemit, the Token already has a use. Fun Tokens? But it works, the concept works!

We would like to see many more useful Tokens!

Do you have any recommendations on this subject? Which Tokens seem useful to you?

Be careful, don't get me wrong, I'm not blaming anyone. Everyone is free to launch a token, if only to try out the concept. Experimenting.

All the best, Woodoo Prod.





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Written by
4 years ago
In communities: Music Blockchain(ce78) , Cryptocurrency(10fa)

Comments

regards,

sorry to see that you've placed #lnbt in the same pot with other tokens ... 1000 #lnbt worth 0.29 steem at this moment ... it will be better.

soon i'll re-start some charity campaigns ...

keep you posted.

regards

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User's avatar ElBalkumbero
4 years ago

Cool review.

Never forget this one: https://steem-engine.com/?p=market&t=LNBT related to remunerations for people who are upvoting/listening to my musicoin/emanate/atomcollector links posted on my steemit blogs ... from time2time ... also i've done already some big donations to food suppliers and other charity accounts arround steemit.

Still, people want everything for free ;-)

I wish i could see people investing, so, the creator can delegate steempower to accounts arround steemit ... not only receiving, just because they've "probably" listened the tracks.

For instance, most of the upvotes from communities, are bots style, randomly.

One of my last blogs had this campaign, "IF the track X will be played 50 xxx ... there will be 5 winners of 500 #lnbt each" ... IF there will be less than 50 xxx playings there will be only 3 winners ... guess what ... ??? How many playings do you think were on my musicoin link? not even 50 :-)))

SO, i'm returning to my humble artistic opinion, people doesn't give a ... they want everything for free, without knowing the new trending which will lead to the fact that everything will cost! :-)

Ignorance it's a bliss :-)

Too much "poor mind" inside this "crypto space" ... it looks like a glitch inside the matrix ...

Regards

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User's avatar ElBalkumbero
4 years ago

I perfectly understand your frustation.

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User's avatar Woodoo-Prod
4 years ago

Just bought 1000 to spread the word!

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User's avatar Woodoo-Prod
4 years ago

Hey Lucian,

The problem is: it's real wind tokens. Useless, and worth near 0. Not rewarding artists. One year collecting their tokens using their hashtag even will not pay you a simple coffee, for some. Billion tokens released for what?

Can we speak of contests when the prizes are a few cents?

I think people is sleeping there.. hypnotized by pseudo tribes getting all the benefits for them, in a closed auto masturbating circle. They don't ever look for new emergent artists on Steem. Every time I look to a certain Contest Advertising thing, always the same artists featured.

Look at the market, nobody want their tokens, everyone is selling the dust they got in months.

Yes, majority of people want everything for free. I'm not surprised that you get so low plays. It's sad.

Would you with us over BCHMusic.Rocks? https://read.cash/@Woodoo-Prod/bch-music-rocks-11b85015 You keep all your music rights, we are only here as an Net Indie Label to promote and provide a platform to be paid through BCH Adoption? From the music lover wallet to the artist wallet.

Will be a great pleasure to have you with us. Great music you do. Keep in touch.

As said here: https://twitter.com/WoodooProd/status/1228858395421216769 With Bitcoin Cash Payment Adoption "From the music lover to the artist." Simple, Fast, Secure!

To be honest, I haven't check your project, busy in mines. I will check.

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User's avatar Woodoo-Prod
4 years ago
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