December 21, 2017 - By Peter Erickson
Musicoin (MUSIC) had a good 24 hours as the crypto jumped $0.01700645 or 56.90% trading at $0.04689657. According to Global Crypto Analysts, Musicoin (MUSIC) eyes $0.051586227 target on the road to $0.110182772133301. MUSIC last traded at BitTrex exchange. It had high of $0.04809904 and low of $0.02954656 for December 20-21. The open was $0.02989012.
Musicoin (MUSIC) is up 273.68% in the last 30 days from $0.01255 per coin. Its up 82.48% in the last 100 days since when traded at $0.0257 and the annual trend is up. 200 days ago MUSIC traded at $0.02317. MUSIC has 429.80 million coins mined giving it $20.16 million market cap. Musicoin maximum coins available are 454.90 million. MUSIC uses Ethash algorithm and PoW proof type. It was started on 13/02/2017.
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.
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