We've researched the possibilities of creating our own implementation of steemconnect. More on this from the PeerTracks side update.
Wow waiting for that.Thank you very much for the update...
Steem based dollars haven't been on peg for months, and bitUSD is also not very good at that exercise. Are you doing something to make sure Muse Dollars are worth 1 USD??
We are not. The steem dollar works perfectly for what Muse would be using them for.
Streaming platforms want to ensure that they are paying AT LEAST the mandatory minimum royalty rate. If more is paid out, fine! The musician just gets a nicer quality of life :)
Steem Dollars and Muse Dollars provide a price floor only. Not a price ceiling. All the Muse Dollar guarantee's is 1 USD WORTH of MUSE. So if you get 10 Muse Dollars for your Music. You know you can cash out and get 10 USD worth of value in the form of the MUSE cryptocurrency. If the markets are trading these Muse Dollars at 4$ each. No legal liability for the streaming platform since it effectively funnelled 4 times the amount of value it promised!
We don't care about the peg. We care about the price floor.
great!
I see, so more is good...thank you for the reply i appreciate it 👍 @cob