After being shilled on this for the past week and doing a ton of research, I've come to the conclusion that this will unironically moon during the next IAO. Now that alt season is here, LINK already pumped to $4, it's time to find the next 100x.
Telegram: t.me/TAOCryptocurrency ------------------------------------------------------------------------------------------------------------------- Quick rundown on the latest happenings:
- Three music titans (including Peter Rafelson) join the board advising TAO! Peter is currently signing and producing recording artists for his own two record labels, RM Records and FourScreen Entertainment. Most recently, Lady GaGa, Pink, Jason Derulo, Robin Thicke, Jason Mraz, Taylor Swift, Daughtry, Beyoncé, and Will.I.Am have all finished mixing their albums at RMC Studios. This is the same studio where TAO has an office. Put two and two together here...
>What is TAO? TAO is the only cryptocurrency that can be used for Initial Artist Offerings (IAOs). Think of it like the BNB of music. When an artist/label/producer does an IAO, they mint a new coin which trades on alt.market. The only coin you can use to buy it with is TAO.
>Why would anybody use it, isn’t this dead? Wrong. The last IAO was done by the Wutang Clan who made ODB (Dirty Coin, named after Ol’ Dirty Bastard). ODB went 85x in a bearish market in late 2018 due entirely to music fans joining alt.market and buying ODB. TAO also pumped briefly at the time as its the base currency of alt.market.
Google TAO or ODB yourself and see the mentions in the media from Billboard, Vice, Pitchfork, Yahoo!, Investing.com, Slate, Complex, Highsnobiety, Coindesk, CoinTelegraph and much more.
>TAO has a small community. How can it pump at all? Very simple: Fanmix.
Fanmix is a marketplace where fans can support their favourite acts and earn money for introducing others to them also. The design allowed fans to share in the monetization of the artist with taking any money whatsoever from the artist- done through. Tao’s 4% POS. And for the artists, all they see is fiat. No $TAO. No crypto nonsense. This gives them the peace of mind to churn out creative hits. They are welcomed to accept $TAO, but never required
**Fanmix will buy Tao and the staked amount will be used to pay users. As users increase, more Tao will need to be purchased and staked to meet demand. This means constant, automated buy support.**
Fans will get Initial Artist Offering Tokens for every $ they spend with an Artist and the IAO tokens will be traded against TAO on Alt Market.
imagine if you had lil pump or some rock band who was big now. They could sell all their merch/presale/snippets, etc and they have lots of fans who already know how to use crypto
its amazing how much merch people buy
Ethan Walker
I thought the studio thing was a jk, I actually checked the ceo's twitter feed and it was there.
Thats pretty crazy for a crypto project to actually be in LA doing things with actual artists
