ArtByte vs Musicoin

in art •  7 years ago 

Both coins are great for musicians, a very positive use of blockchain technology.

Musicoin went live in 2017. ArtByte went live in 2014 (added the ArtByte Music Store in 2015) Both have active communities and development.

Musicoin runs on Ethereum and uses smart contracts technology to be able to split payments, say for a band when a song is purchased, it pays the singer, guitarist, drummer, etc.

ArtByte runs on it's own blockchain. ArtByte Music Store pays musicians 100% of sales proceeds.

My question is over valuation.

Musicoin is for musicians & fans.
ArtByte is for all types of artists (musicians, painters, dancers, actors, writers, photographers, film makers, sculptors, etc.) & fans.

Musicoin has a marketcap today of $4,620,362
ArtByte has a marketcap today of $3,309,639

I think both are significantly underpriced and would make a good longterm investment. Both trade on Bittrex.
But I think ArtByte has a much bigger market, since it supports all types of Artists.

Musicoin: https://musicoin.org/
ArtByte: http://artbyte.me

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I agree itll be interesting to watch this unfold