Other > Muse/SoundDAC

Zenith Music Exchange

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EntSki:
We can't really fund them fully then, Stan.  50 % of what they need is all we can give them for this to be equitable.  We'll need to see the numbers.

cass:
Newsletter March 14


--- Quote ---Eddie Corral joins the partnership with 25 plus years in the music
business from recording to music publishing, concert promotions and
radio broadcast experience – Eddie has worked for the major label system
and has signed five acts to major label deals. Eddie is a current fifteen
year voting member of the recording academy NARAS – his experience
will help shape the future of how BitShares Music will engage the fan
directly with a recording artist of his/her choice. Eddie will be in charge
of securing contracts with artist and record labels to secure a smooth
transition into this new and exciting platform.
--- End quote ---

i'm a litte bit confused! Is this same Eddie form Zenithcoin etc.?

sumantso:
I take it back. I remembered Zenithcoin was extremely hated and by and large had a bad rep, so much so that nobody was even interested in the giveaways. The coin dev, Solarcx, was getting 50% of the mined ZTC which was a major sticking point (not to mention his extremely arrogant attitude). He had in the middle also tried using the coins as tokens for some BTC mining which didn't work out. https://bitcointalk.org/index.php?topic=219644.0

So I looked up in BTCtalk again and it seems that the coin was recently sold to 'FrictionlessCoin' which is probably Ed (or Ed hired FrictionlessCoin), who has a very bad standing in the community, and personally to me seemed like someone who has been trying to scam (he has been quite busy, including some fork of NXT and has raised quite a lot of money).

Since I don't have much idea about the business, and how hard it is to try to get somebody like Ed, I would strongly urge others to look into it. But I should add that if I was not invested in I3 earlier, I would have certainly steered cleared of I3 if I heard it was allying with ZTC/FC. Granted, the loss of my puny investments wouldn't have registered; but I am willing to bet lots of others would have the same feeling.

sumantso:
Nice one.

Will they be getting similar funding from the other coin?

Stan:
Eddie and cob announced their groundbreaking entry into the Bitshares Music family in New York today

We will have video of their presentation for you in a day or three.

He split his shares with Bitshares  50/50 which gets you

25% PTS
25% AGS

The other half honors the coin he had planned to use before meeting us in Texas - Zenithcoin

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