Musiconomi – Notes before Public ICO

Musiconomi in their own words: A Global Music Economy That Works for Everyone. Musiconomi will reshape the way listeners and musicians engage. We envision a rich ecosystem where sharing and promoting great music deserves its own reward and where artists can incentivize social sharing to suit their needs.

Whitepaper

Musiconomi ICO info

  • Symbol: MCI
  • When: presale for private invites & cofound.it priority members started 8/29. Opens to public 8/31 at 12pm PST.
  • How Much:
    • 25% of tokens in ICO, 22% Team,
      28% Strategic Partnership Reserve,
      25% Future release (2018/2019).
    • Hard cap $6M
    • Soft cap $3M
    • Max market cap of $24M
  • Distribution: one month after ICO ends
  • Exchanges: No info found

ICO is being run by Cofound.it. They select promising business, give them guidance, and prepare them for success. They’ve run other successful ICOs. Nice that company has been vetted and has good guidance.

What Others Say about Musiconomi

CrushCrypto analysis of Musiconomi (summary): good for flipping due to relatively low hard cap & an experienced team. Neutral on long term due to difficulty others have had innovating/disrupting music industry.

CrytoCompare has not listed Musiconomi yet.

TokenMarket has not listed it either.

TokenData doesn’t have it listed

ICORating has rated Musiconomi a Medium for both hype and risk ratings. No investment rating or in-depth analysis. Described it as ” Musiconomi is an ecosystem where sharing and promoting great music deserves its own reward and where artists can incentivize social sharing to suit their needs.”

BitCoinTalk thread has nothing of particular insight.

Other Notes

As of 11:40am, about 20 minutes before public sale, all but ~500 ETH have been raised. If the public gets any chance at all, the remaining MCI will be sold very fast.

Update (12:48pm PST , 48 minutes after public sale): There were about 500 ETH worth still available when the public sale began. Sold out in under 30 minutes. Briefly showed over-subscribed but now shows exactly 100%.

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