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The creation of value at the time of the blockchain. Musicoin with UBI and MAP

musicoinPosted for Everyone to comment on, 5 years ago3 min read

We are going to see what the Creation of value is and how this can help us to interpret what is happening in recent months and what is the direction of the crypto world. Why Musicoin created Universal Basic Incame and Musicoin Ambassador Program

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Creation of value

It is increasingly clear that the first postulate of cryptocurrencies alone is no longer enough, it is the following:

  • 1) Earn as much money as possible in the shortest possible time (gain)
    If this postulate alone was enough to tell the blockchain's first ten years of history, it is no longer enough. Now we are entering the second period and to understand what is happening we need to introduce the second postulate:
  • 2) Create and share quality content as much as possible (creation)
    And that's exactly what's happening right now on these new platforms like Steemit, Musicoin, Whaleshares and many more. We would even say that it is no longer necessary to invest money, just spend time and creativity in order to be able to bring out each user of their potential and originality. Technically, there are no longer just the miners to be able to mine crypto with their computers but now also users can mine through their post and their contents (music)

Universal Basic Income

UBI is an economic model to ensure each contributor to the platform is fairly rewarded in proportion to their contribution. In Musicoin's context, a UBI pool is created to secure musicians' income from PPP on the platform, at a fixed rate that is fair, uninfluenced by market forces and higher than that of any other competing streaming platforms. This will boost the influx of content from musicians as well as make streaming music free for listeners, therby ensuring deeper penetration of Musicoin into the streaming market. Unlike other streaming platforms, users on the Musicoin platform will be able to stream songs for free and without ads.

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However, even this second postulate already now seems no longer enough to allow the blockchain to fully express its full potential. Increasingly we are witnessing the expression of a real need for community, cooperation and sharing (sharism). UBI ensure a more equitable distribution of the value created within the Musicoin community. UBI allows free listening and better remuneration for each listening. At the same time also Whaleshares in his white paper are talking about Mutual Relief Society and Cooperative

Conclusion

Earnings - Creation - Solidarity
These are the three cornerstones of the theory of value creation according to T. Makiguchi, which now the blockchain seems to realize with Musicoin.

Musicoin for musicians

With a unique currency, fair compensation, transparent contracts and no intermediaries; Musicoin is revolutionizing the creation and distribution of value for musical activity. The Musicoin Blockchain ensures each musician receives the most competitive industry compensation, instantly and automatically, for each stream of music.

Thanks for all supports to @djlethalskillz

Post edited by @lorenzopistolesi

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