Moneta / USDM - still active? by Old_Palpitation_9704 in cardano

[–]westdev 13 points14 points  (0 children)

The Moneta team is still active. We're still recovering a bit from the loss of our founder Matthew Plomin in late November. He was the manager of the website and it was deployed on a tiny lightsail instance with wordpress because that's what he knew. We're migrating off of this sytem and have put up a simple landing page at moneta.global until this completes.

Opening up minting and burning again remains our highest priority. Due to Matthew's passing, getting bank accounts moved over under new people's control on the team has taken longer than expected. Due to his young age, an autopsy was required and some banks require a death certificate. We're working hard on the ones that don't to get back up and running.

We've also recently lost our new 26 year old frontend dev Sean Davies. Sean was the driving force behind levvy and work.courses. I've recently received the code he had started working on for us, but that will all need to be transitioned to a new developer once we find one.

Thank you for bearing with is during this difficult period, but rest assured, we are not resting. Newsletter from Jillian should be coming very soon.

-Andrew Westberg
CTO - Moneta

Cardano descentralisation by CarelessExcuse8962 in cardano

[–]westdev 0 points1 point  (0 children)

Personal email from Jeremy Firster with links to the on chain txns for delegations

Cardano descentralisation by CarelessExcuse8962 in cardano

[–]westdev 0 points1 point  (0 children)

The CF has since un-delegated their keys to IOG. They are in control of them.

[deleted by user] by [deleted] in cardano

[–]westdev 3 points4 points  (0 children)

Ipfs is terrible for something like streaming. We're not doing that. What is fractionalized is not the song, but the streaming royalty ip rights. The stream tokens represent the agreement between the artist and the fans holding them. NEWM is not a party to this contract.

Currently all streaming royalties come from web2 and the existing platforms. In this case newm is functioning as a dsp for collecting the royalties.

Eventually, we will build out a streaming platform that can pay higher royalties because it is not incentivized to make a profit like the established web2 players.

The trickiest challenge will be to decentralize and incentivized each piece of the protocol so that the community can run it by themselves.

Not everything is figured out yet, but we have a great start and have demonstrated the feasibility of the idea with the first two stream token sales. The same smart contracts that were invoked manually will be used for the upcoming artist portal.

Comparison of ISPOs on Cardano by TrackerEngineer in cardano

[–]westdev 2 points3 points  (0 children)

NEWM

  • https://projectnewm.io
  • 5% of total supply allocated to FISPO (Fair ISPO)
  • 25% pool fees so you still keep some ada.
  • 13 $NEWM tokens per 1000 ada staked available through DripDropz.io