We are pleased to announce our next AMA on September 3rd 2021 at 03:00 PM UTC Time: Satoshi Club x Mindmusic Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mindmusic Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 5 questions. Mindmusic Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Mindmusic Finance
For more details:
Mindmusic Finance Website – mindmusic.finance
Mindmusic Finance Telegram – @mindmusicbsc
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Mind Music Finance- Innovating Crypto & Changing minds. Raising Awareness for mental Health. There is no gainsaying the fact that persons with mental health issue are part of our society and needs to be cared for and Mind Music coming to their aid through Crypto NFT blockchain Mind Music Coin is amazing. However, my humble question here is, do have the statistics of total number of people with Mental health issue in the last decade globally? Save for the Charities through which you intends to reach out to people with Mentally health issue, are there any other institutions you are going to accomplish this Noble gesture
Having read through on your website Benefits (How can I Benefit)?, You started off with what a Mind Music Coin investor will benefit and in several different ways, which you did mentioned without any details on how to become a Mind Music Coin investor. Please in a layman’s understanding, could you please tell us enthusiasts on the steps involved to be a Mind Music Coin investor? When are we to expect your pubic presale? What is PTSD, OCD, avoidant personality, Claustrophobia, Hoplophobia? Are these all degrees of mental disorders? Thanks
On your website ( Music Coin), what is Mind Music Coin? You did not say what exactly Mind Music Coin is , rather, you proceeded with the descriptive function by stating that ” Mind Music harnesses the power of music to capture the imagination of the world. Could you please in one breathe tell us what is Mind Music Coin?
In Recent Times, Mental Health Conditions are rapidly Increasing day by day & Many Govt. & Non-Profit Private organisations are already running many Campaigns regarding Mental health issues,
Why do you think there was a need for Blockchain based MindMusic platform was needed to solve this issues?
Why you think that Platform’s music will ease the depression off the sufferes?
If that’s the case then Traditonal Music should also ease their tension?
How do You see this?
Please Elaborate?
Mind Music token is a new Binance Smart Chain (BSC) based project dedicated to bringing awareness around mental health issues.
I found that mindmusic team is working on its staking platform where user can earn APY on $MND ..The interesting feature is user can also earn real world stuff like T-Shirts by staking $MND…
Could you tell us more about Mindmusic staking platform ?when will user be able to stake $MND ?what are the benefits of being a Liquidity Provider within MindMusic ?
Thank you
According to mind music whitepaper, 80% of the profits
raised from the record sales of every release will be
donated to mental health and suicide prevention
charities, while the remaining 20% will be used to Buy &
Burn Mind Music Coin and increase its value for holders.so could you tell us more details about these charity programmes ?How do you select such charities ?can community vote in selecting process of such charities ?Your first album will be relaesed in next months.so, Have you already selected any charities for the donations? How do you keep transparency of such charity fund distributions?
Thsnk you..
I think that Mind Music is an amazing project, we don’t see very often projects that aim to help those who struggle with their mental health. But, it is known that on a lot of places Mind Music won’t be very welcome as mental health issues are seen as some sort of taboo, or are not taken as seriously as it should. So, I was wondering, how do you plan to destroy that stigma that comes along with mental health? How do you plan to spread awareness, specially to those though, closed minded places where mental health isn’t a priority nor a neccessity? Do you plan to create any kind of educational program to start teaching about mental health and everything that is involve in it?
It caught my attention that recently Mind Music launched “Baby Mind”, the baby reward coin of Mind Music ($MND), can you tell us more about it? Why is it called “Baby”, what makes it a “Baby” token? Also, why is this reward given? What kind of actions within the platform will merit a reward and how much will that reward be? How will Baby Mind benefit Mind Music’s investors? What will they be able to do thanks to this token?
I saw that the closest thing on your roadmap is for Oct/Nov 2021 to complete the recording of the first album release, can you tell us more about this album Mid Music will release? Who will be involved in the creative process of creating it and recording it? Who will sing the tracks on the album? Do you plan to work with big names of the industry who are openly advocates for mental health rights such as Lady Gaga, Ariana Grande, Britney Spears, etc? Also, once this album is release, where will we be able to purchase it and with what currency?
On the latter part of your whitepaper specifically on the Regularity Risk, you stated that “No legal documents are regulating the crypto industry yet – the laws can appear later and can significantly affect the activities of blockchain project, in our project”. It’s true that governments may impose laws that can harm crypto usage. However, I see Mind Music very differently from other crypto projects for it offers real-world applications especially when it deals with mental illness. Given that you are worried about government involvement, would Mind Music involve itself into political campaigns about promoting how beneficial would your project be and how it would help people in need? Would you be so kind to address the government about the goodness of blockchain and how will Mind Music might prevent suicides cases?
I see that Mind Music plans to record and release at least 8 albums for its initial recordings to raise the importance of mental health. Can you disclose the names of the artists and musicians that are part of your initial album? Who are these talented and supportive individuals? Also, to increase the participation and to appreciate the voice/opinion of your of the community, would Mind Music allow your general community to vote or suggest for who shall be the next artist that should be featured on your songs and recordings?
I have read on your whitepaper that Mind Music has plans on conducting a series of fund-raising Live Music Events on various locations around Europe in the year 2022. In addition, all investors that has a minimum 100 billion Mind Music Coin on their wallets will be granted a free ticket to attend any of the events. What if a user wishes to attend those concerts but do not have the sufficient funds to buy 100 billion of your coins, will there be other means of purchasing the tickets? Also, do you plan on touring oversees and outside of your and probably into other countries in the Asian regions?
You have a great concept. However, how do you put it into practice in the current pandemic situation? According to the roadmap, you have planned studio recordings and artist collaborations. Have you studies the limitations you have to face when conducting this activities? What are your solutions for them? On the other hand, people suffer with poor mental health due to COVID-19 pandemic. How do you practically apply your concept to the current society? Please explain these two aspects briefly.
You have imposed a transaction tax of 12%, including 4% for the Mind Music Fund and 3% for marketing. According to this method, your contributions to the Fund and the expenses for marketing activities depend on the transaction volume. You cannot cunduct these tasks if there isn’t a considerable transaction volume. Why didn’t you allocate seperate portions from your total token allocation for these two objectives? Don’t you think short term investors will not buy your tokens since they have to pay a total tax of 24%, 12% when buying and 12% when selling? If someone buys 1,000 tokens, he only gets 880. When he sells them again, he receives the value for 774.4 tokens. From these two transactions, he has lost nearly 240 tokens. How do you see this situation? Don’t you consider it as an issue?
What is the connection between $MND and $BMND? You have mentioned that Baby Mind is the baby reward coin of Mind Music. What do you mean by “baby reward”? Do we get $BMND rewards to the same wallet where we hold $MND? If I am a long term investor, which token is more profitable to buy and hold, $MND or $BMND? Please explain the utilities of these tokens seperately.
The pandemic has been tough for millions of people, some of whom lost their jobs, many lost their loved ones, and saw their life go upside down. The pandemic-induced mental health issues have been running havoc in people’s lives. Mental health is still a taboo subject as not many who suffer from it silently ever come out in the open to share their problems or seek medical help. What was the critical role Mind Music defi played during the pandemic in helping people with mental health problems? Apart from music, do you consider incorporating other mechanisms to help people with mental health problems?
Mind Music Defi Project is launching its music label to extend its mental health awareness program with a revamped Tokenomics. The noble defi project that aims to help raise awareness of mental health through music is launching its own record label. What mechanisms through music will allow the Mind Music Defi platform to create awareness in people about mental health?
Music therapy is known to have many therapeutic applications in various health and mental health conditions, such as traumatic brain injury. dementia, Alzheimer’s, etc., Mind Music harnesses the power of music to capture the imagination of the world. Millions of people suffer from poor mental health every day. Can any artist or composer add their music to the Mind Music Defi platform? Must meet any requirement?
Mind Music will eventually become their own independent record label, releasing a series of albums to raise money and raise awareness about mental health, which is wonderful, but why did they decide to focus on mental health awareness? Is it intended to support and expand awareness of mental health only limited to doing for artists or people within the artistic medium or is it directed to all types of people in general? And how do you plan to invest 80% of the profits directed to this mission?
What is the reason that you ensure that MindMusic is 100% scam free and safe to invest in? is it because there are no team tokens or are there other reasons? and if so then how is the MindMusic team rewarded to continue with its functions?
I read that the total supply of MindMusic is 185,000,000,000,000 and that the value of the taxes is 12%, so could you explain us how it is or the distribution of those 12%? How much would be allocated to buybacks and token burnings? And in what ways will the burning and repurchase be done?
MindMusic has focused on the short term, concentrating on the launch of its first vinyl record, creating a participation platform and selling our own range of products, which are its strategies to obtain capital or financing as a starting point, consider that cryptography can help them throughout their evolutionary process; How will they handle donations, how they will be able to select the most vulnerable, many people like to collaborate with this type of causes but they doubt about the true destination of the funds collected, you can and you demonstrate their veracity and transparency and real benefit the most needy?
Your project is really very beautiful, something very necessary in these difficult times, which inspired you to develop this project so out of the ordinary but at the same time so rewarding and moving, you have done some kind of social study or something that helps you Identify the most vulnerable sectors and those in need of help, Covid-19 has been a trigger for this type of conditions or diseases, geographically which are the sectors that they can help so far, and to what extent they plan to expand, what is their personal message of faith and hope for these people?
The buyback system is enough, it is a safe technique for the project and investors, if out of every 10 BNB that enter the wallet they invest completely in buying their own tokens, as they do to keep the liquidity funds stable, how they managed to provide liquidity initial project to cover the expenses generated by the production of discs, who have been its main collaborators from the beginning until finally achieving the recording of the 12 tracks, they are only available in digital format, it generates profits in this way, for when they estimate have the tracks in another format?
Greetings Mindmusic Finance, it has a currency known as Mind Music but how to start in your project where can I get the currency, what is the clearest recommendation to start investing and what benefit would I receive for my investment and what would be my contribution to the project I would like to know more about the creators themselves, in what percentage would the profits from the sale of the records be shared? What percentage of the profits would be donated and what percentage of the sales would be used for sales and burning Mind Music Coin, tell us about these points, to understand them better.
I read that At Mind Music you want to help people suffering with depression and other forms of Mental Illness. That is really important. Especially as a consequence of this pandemic, many people have been mentally affected. What are Mind Music’s strategies to alleviate the suffering of these people and help them feel better? What are your plans? Can we collaborate with you in this purpose? Mental health is a priority for all of us!
The project “Mind Music” was started by music composer and producer Mike Hamilton who was said to have lost jobs and gigs during the pandemic leading to mental trauma..So What kinds of Job was Mike doing before the pandemic and during the time of the pandemic when he lost his jobs and gigs, what other ways did he attempt to work on this mental issues, how serious was this mental issues, how was this issue affecting his life..and how did he end up deciding to use music as a solution to this mental issues and that of people all over the world…
Mind music intends to form partnerships and collaborations with many established and well-known musicians, consistently producing and releasing albums to raise the importance of mental health… How will these musicians be sourced for and how will mind music leverage on these collaborations to promote awareness on mental health, will the release of albums be the only importance of this collaborations. Apart from this collaboration with well-known musicians, what other forms of collaborations or partnerships do you intend to form…
It is stated that, a series of fund-raising Live music events will be planned by Mind music in various locations around Europe in 2022, and that all wallets that hold a minimum of 100b Mind Music Coin will be airdropped a FREE ticket to attend any of the events they choose… so how will this fund raising events be done, what will be the activities in this fund-raising event, who are your targeted audience for this events, and apart from those who will hold the required minimum number of coins to receive free tickets, how will tickets for this events be obtained and what cities within Europe will you be considering for these events…
You just concluded you Audit Report with Techrate but there is an issue you have to resolve,the Burn Event Issue.It was written that The function burn and burn Tokens emits transferring burn amount from address to burn to contract address.This is wrong event,there is not transferring tokens to contract address.Have you resolve this issue?Hope this little error didn’t result to users lossing funds,since it was stated the there was no token transfer to the your contact address,Do you plan to Audit in other firm like CERTIK and other in the future? Thanks
I listen to one of your song “One More Light” and I will say it’s indeed a mind blowing and refreshing song,you already have 12 tracks that have already been recorded and is on YouTube,SoundCloud and Spotify.Do you have any well-known musicians on your platform?Are there opportunities opened for users to join your platform and be part of your musical revolution?If yes,can you share links for us to join and show some love to those who need our support. Thanks
As it stands many people today are suffering with poor mental health so Mind Music intends to collaborate with major worldwide artists to raise awareness on a global scale. How are you able to go through the process of harnessing the power of music to capture the imagination of the people? What are the challenges you meet before getting this to be accomplished?
You said a series of fundraising Live Music Event will be planned in various locations around Europe.You also said that those who hold a particular amount of your token will get free ticket.My question is where can users get this ticket?Apart from Europe,do you also plan to have this Live Music Event in other part of the continent like Africa,Asia etc?Will these event be open for all or for some selected few?Since we don’t know when the Corona Virus will end,will this event be done virtually?Will there be any arrangement for this event to be broadcasted live to create more awareness? Thanks
Mindmusic, has an application or you are thinking about it, since many of us like to take music everywhere with our phones, I would like to know if they already have some songs, if artists have already recorded some tracks and this musical content of the musicians Are they original or some are cover? where they can be found on what platform they are and what is their value with what currency can I pay them.
Currently there is much ignorance about the prevention, treatment and prognosis of mental illnesses, society judges, claims and commits injustices with people who have mental health problems … so education is an important weapon to begin to combat these errors, could you tell us about how you intend to get the message of awareness to the communities, schools and universities? How can we be on track of the events and activities carried out by the project?
I’ve been reading about your reflection mechanism and you redistribute 1% of every transaction to holders depending on the percentage of tokens they hold, so is there a tier classification of your holders? Can you tell us how many tokens should the users hold to be eligible for this reward mechanism?
As of now, you’ve recorded 12 songs, and 12 more are set to be released in October. Those 24 songs are also set to become a Full Album, where 80% of sales will go to charity and 20% back into the token. Will we be able to purchase the album directly from your platform? Do you have any plans on converting said album into NFT format? I think that would be a fabulous idea, and might get crypto users even more involved with the project in general. So, what are your marketing strategies for the album release?
Looking at your tokenomics, I could note you have normal taxes allocations, like burn, buy back, marketing, etc. However, there were two things that made me curious, first, it is the Mind Music Fund, for which you have allocated 4% of all taxes, and second is the lack of any charity-focused allocations. I couldn’t find any more info about the Mind Music Fund, so would you tell us if the Mind Music Fund will work as a sort of charity subdivision of your platform? What is its specific function?
Your project’s main mission is to raise awareness about mental health struggles through music, and you’ve already recorded 12 tracks for this particular goal. I also noted you have an ongoing giveaway, where you will record 13 new tracks from users’ suggestions. I’m curious to know, what about copyright? Since they are uploaded on Spotify, there must be royalties involved, and it can get you sued by music labels, so how does it work? Is there a way to get around it?
Could you explain to us what are the steps to follow to obtain $ETHb and $USDb? What is the role of the $ETHb and $USDb tokens in Beyond Finance? and what is the difference in use between it and $BYN?
Sorry, this question is for the Beyond Finance AMA!
Mindmusic Finance, why do you want to help people suffering from depression or other types of mental illness, what is your vision for this noble cause? They see that therapy in music, to alleviate a little the evil that upsets them, how would it work, what would the goal be to be able to be successful since what they want to do is something new? Could you explain us about this noble theme that you are building, you are also planning to create a vinyl record, but what will it focus on, original compositions or cover, and would it be music therapy or for all audiences and for what time is it stimulating to release it and where could we buy it? Thanks
You mention that 80% of the proceeds generated from record sales will be donated and the other 20% will be used to buy and burn $MND, if this is the case, how will this be financed to strengthen other areas of the project? Do you have another way to generate income? Do you have a separate treasury to cover project expenses such as equipment, development, technology?
Mind music charge a 2% buyback tax on every transaction. This tax is stored into a separate trackable wallet. Every time the buyback wallet hits a balance of 10 BNB, the 10 BNB is then used to buy Mind Music coin to increase its value for holders. Recently you announced that this buyback mechanism is changed with immediate effect. Was this disition subjected to community vote? What is the reason for this change? What is the new buyback mechanism? How did the community members accept the change?
As Mindmusic Finance leverages on the therapeutic power of music in addressing problems of depression and Mental illness, one has to question the most efficient channel to delivering these soothing musical compositions to such individuals as identified. Though Mindmusic would work closely with suicide prevention and mental health charities, but would it also offer direct assistance to victims who would prefer a modest private interaction and contact, and will Mindmusic consider a direct working relationship with Mental health professionals (Psychologists, therapists, Counselors, etc), as it broadens it’s future services?
As an added feature to the Mindmusic Finance project, there would be a full range merchandise section comprising of Beenies, caps, mugs, T-shirts and videos. As these products help promote brand awareness and provide an income stream for Mindmusic Finance, can you briefly aquint us with the possible channels where these merchandises can be obtained, would Mindmusic create a virtual and physical store for them, and when fully operational would these items be strictly commercial or would a proportion be reserved for charitable causes?
It says in your whitepaper that you will form partnerships and collaborations with many established and well-known musicians, could you tell us about the artists who are already involved in the project? Perhaps hearing a little about their personal stories and motivations would be interesting.
The music created by Mind Music is available on platforms such as YouTube, Soundcloud and Spotify, however each of these platforms has a different monetization system, could you tell us how the profits of the tracks are managed on these platforms? Also, how do you protect the integrity and copyright of creators on external platforms like these?
You mentioned that you will form partnerships and collaborations with many established and well-known musicians, consistently producing and releasing albums to raise the importance of mental health. Do you already have in mind with which artists you would like to form a partnership? Have you been in contact with any of them until now? Do you also plan to partner with mental health organizations? It is good to join forces together to break the stigma
From your white paper, I have noticed that Mind Music will ultimately become its own independent record label, releasing a series of albums to raise money and awareness for Mental Health. My question is what are your goals to become independent? It will take a considerable period of time to plan and reach your goal. So when will this be accomplished?
Hello Mind Music team. I read on your website that a series of fund-raising Live music events will be planned in various locations around Europe in 2022. In how many countries in Europe will these events take place? Besides Europe … have you considered expanding those events to other continents as well? Where can we buy tickets to access these events? Will those events be streamed online? Thank you!
On October and November 2021,you plan to have an Influencer Marketing Campaign and you will announce artist collaboration. So in connection with this marketing campaign that you are planning,do you already have some contact or communication to some influencer and artist that you are going to collaborate with? Can you give us some hint who would be this influencer and artist and why choose them? As you collaborate with some influencer and artist,what would be the best offer that Mind Music Finance can offer them as a return of the service they will render to your platform? What do you think would be the impact that those artist and influencer will bring to your community and your platform? Thank you
Through your album releases, you will break the stigma, and bring people together. You mentioned that you aim to record a further 9-13 tracks to complete the first release. I read that 80% of the profits from the album sales will be donated to suicide prevention and mental health charities, while the remaining 20% of profits will be used to buy and burn Mind Music Coin. As for this distribution of profits, will it remain this way permanently in all album releases or will it only be this way in the first release? Will the organization that will receive 80% of the profits vary?
Mind Music will ultimately become its own independent record label, will form partnerships and collaborations with many established and well-known musicians, releasing a series of albums to raise money and awareness for Mental Health. Since Mind Music goal is to help people suffering depression and other form of mental illness. Will you only partner with some specific musicians? Will there be any form of regulations as to what type of music you will record to achieve your goals? Can you Tell us about your partnership and collaborations already secured?
In the shorter term, Mind Music will be releasing it’s first vinyl record, setting up a staking platform & selling your own range of merchandise and you plan to complete it by the end of 2021.In connection with this,can you tell us more about the vinyl record that you are going to release? Why do you choose to record with vinyl,does it is not seems to be an old style in recording music? On the other hand,can you give us an overview of your staking platform? How much would be the maximum APR/APY of your staking? Many staking platforms exist in the market,so what makes Mind Music staking better and good for a passive investment? Lastly,what kind of merchandise we can expect in your merchandise store and what will be the medium of payment? Thank you
Talking about $MND Tokenomics, you incur 12% of transaction fee which is divided as 4%- Mind Music Fund, 3%- Marketing, 2%- Buy back, 1%- Auto liquidity, 1%- Reflection & 1%- Burn purpose. Why do you take 4% of transaction fees for Mind Music fund, Didn’t you have a initial allocation from total supply of $MND tokens? In your Buy back function, it said that Every time the buyback wallet hits a balance of 10 BNB, the 10 BNB is then used to buy $MND. What if hackers will attack that Buy back Wallet & trade $MND tokens? It will leads a lack of liquidation. Why don’t you burn that amount of $MND tokens within Buy back Wallet? And also you will redistribute 1% from transaction fees to all the $MND holders. In which form will these rewards be distributed, Will you use $MND or $BMND? What is the difference between $MND & $BMND Within your ecosystem?
I listened the ONE MORE LIGHT song which is covered by Mark Hamilton & It is released by Linkin Park at the year of 2017. Really, it’s a cool one. These songs have Copy Right legislations. Did you get the permission & legal rights to upload this song within Mind Music website from Linkin Park? What kind of Music versions will you bring to the Mind Music ecosystem, Will it be Cover versions or Original ones? On this Musical revolution journey, Will Mind Music announce some amazing Collaboration with World best Music Artists like Ed Sheeran, Taylor Swift etc..? And also you have already recorded some tracks & they have been released on YouTube, soundcloud and Spotify. Can you give more details about this Track release? Will you use more platforms to Spread Mind Music works in future?
Your main goal is providing a awareness for Mental health meanwhile rewarding the Mind Music community. So How will your project lead to create a relaxing Mind in people under this Pandemic Covid-19 Situation? Lot of people are struggling with this situation globally. Will you host Some musical shows or events with Famous musicians in order to bring a relief to people those who were struggled by Covid-19? What are the benefits, You give to Mind Music investors on behalf of standing with you?
MindMusic is about music for therapy from the artist around the world, my question what’s the correlation MindMusic project between MindMusic Coin?do you have a plan to make any music to be NFTs?
I noticed from your white paper that so far, your first project has a total of 12tracts that have already been recorded, but it’s yet to be released. You Aim to record a further 9-13tracts to complete the first release. So when are you planning to release the album of this music? When will people start listening to this music to benefit from the Mental Health Music?
beside the MindMusic for therapist, do your project available for any mental illness to come to psychiatrist to help more?
i really love this project because main aspect in human is about psychology, brain, and mental, what are your plans and mechanisms to maintain $MND still pricefull? do you have any plan to make $MND become digital transactions for any items, Charity, buy a music, or maybe premium access?
On your website, I noticed products with the Mind Music logo: Beanies, Caps, Mugs and T-Shirts. Who is the designer of these things? Can we get them already? Do you have your own online store? How can we place an order and under what conditions? For what purposes will the funds received from the sale of goods be used?
What Doors and possibilities does Current covid situation opens and takes away?
Do you think its good time to build connections when Music world is in halt or does it make things worst?