Another miner that came to the fray last week on Hive-Engine was that of a new token called VIBESM, the miner for the VIBES token. As a music producer and someone who's been floating around for the last 3 years or so on Hive, there's not been too many tokens dedicated to purely music here. There were a couple of tokens that came and went during the Hive-Engine token creation craze as things were kicking off on STEEM a couple years ago such as SonicGroove, Creative Coin and TUNES. Creative Coin is still operational but I'm not sure where the project is at the moment, I don't think SonicGroove came over to HIVE and neither did TUNES.
Music For Life Community
Now, there's a new music project on the blockchain called Music For Life created by @al-gaming in partnership with @risingstargame which has had backing from @spinvest as highlighted in their post here. This is very promising for everyone who has an interest in music and isn't a community just for musicians so if you're a fan of music, you can share your favourite tunes or talk about your latest ear worms in the community.
From the report given by SPInvest, it sounded like AL Gaming had a solid plan with regards to how the tokenomics of VIBES were presented and they launched the miners were launched at 1.5 HIVE per pop which I just had to snap some up at - seemed pretty cheap to me and will see how this goes over time! The miners at that price didn't last too long and think there's only a few thousand miners left 4.5 HIVE. After that, it will be up to those who purchased the miners if and at what price they want to sell at! The miners only earn 25% of the total pool of VIBES and the majority will be given to content that's voted on the platform.
Of course, I'll be sharing my music in both the Music community and using the #musicforlife tag with new releases and some exclusives so looking forward to seeing how this goes! Seems like there's some great things going on with music on Hive with the Rising Star game, @one.tribe.radio, the Music community and now Music For Life with its VIBES token. 2021 shaping up pretty nicely with all these good vibes going around!
Have you got any VIBESM tokens yet? How's your experience been with the Music For Life community? Let me know in the comments below!
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