Whilst many people believe that money comes into existence based on a physical asset such as gold, in reality this is not the case.
In fact, Money is manufactured based on ‘promises to pay’, which are backed only by pure faith in the currency.
Here at the MUSO Coin Mint, we have devised a new kind of minting technology that can only create coins when music is fed into the system.
Therefore, Music is the commodity that backs the creation of new coins.
Let’s take a deeper look at how this works.