Linx
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LINX · 217w

A Fundamental Analysis of Linx (Currency for the Electronic Music Scene)

Let's dive in. About: Here we have Linx, which is currently being promoted on its website as A mineable Block Chain based digital currency for the electronic music community.

This in itself is a small green flag to me, as they have a specific niche, a target audience, in the vastness of both the music industry, and music industry applicable blockchain technology. This will allow for focused efforts, promotion/marketing, and product development, which I believe is a key factor for investing amid the current "cryptomania." A source of drive that will keep the project going amidst a bear market, or an SEC crackdown, or any other black swan event that could hit crypto.

Linx is, at it's core, like bitcoin, a tool for storage and transfer of wealth, touted to also be designed for use as an alternative means of payment for the electronic music community, including but not limited to artists, producers, DJ's, venues, radio stations and fans. The intent to allow fans to make use of this platform is another little green flag for me, as fans have a strong connection to music, and the artists that make it. Allowing them to make use of this platform to express that will be great for the valuation of the asset over the course of the next 6, 12, and 24 months, as fans love to feel evermore connected to music, artists, and the personal lives and lifestyle of said artists & musical communities.

They currently claim to be in the process of reaching out to and connecting with leading digital music stores about the future integration of Linx into their platform. The biggest digital music providers currently are, Apple Music, Spotify, Amazon MP3, Google Music, eMusic, Napster, Rhapsody, Tidal, Youtube (Red), Bandcamp, iHeart Radio, Pandora and more. There's also music equipment providers such as Sam Ash, Sweetwater, and Musicians Friend that could fall under this category. Currently integration and partnership has been confirmed wit...

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