Hey Everyone,
Happy Friday! I am writing this from the bus to Boston. We have the first ever Berklee College of Music reunion, and I am heading up for the night with 2 good friends that also went there. I am really excited to see people I haven’t seen in ages, as well as meet new ones. It’s going to be cool to see what everyone is up to, and especially to tell them about Tatiana Coin. I have been getting better at explaining it, so this should be a good exercise as well, especially to an educated music industry crowd. I wonder how it will be received? So far it’s a mix of either totally not getting it, or a lot of enthusiasm. At least no negative feedback. Luckily “not understanding” is a surmountable problem. I know I am getting the enthusiasts on board with not only an artist coin, but with Bitcoin as well.
This has been a funny week for me, which you will see from some of my blogging. Part of what has been stressing me out is Tatiana Coin. I have had a ton of interest in the project, and almost everyone is very supportive. However, I have faced a little constructive criticism from people who I respect. Mainly this has been in the auction pricing model. It is too complicated for my regular fans, and there are also some problems with if that model will work on such a new project (the varying price). I didn’t really know how to handle it, because I didn’t want to do anything to screw anyone over. My understanding of market fluctuations and some of the functionality of the coin distribution isn’t the best, so making a decision on it is really challenging. My main priority was to remain ethical, but I don’t exactly understand enough of certain aspects to even judge what is appropriate.
After thinking quite a bit and having spoken with some trusted counselors, I thought it best (with the support of the team) to pivot the campaign to a simpler vending machine model. We are going to run the campaign as is for the next few days till we hit day 15 on Tuesday the 17th. We will then stop the campaign (distributing the 1,500,000 million Tatiana Coins to the early adoptors) and put the remainder of the coin into a simpler vending machine where the Tatiana Coin is equal to 5 cents. That will allow me to reach my goal of the 3rd tier with the remaining coin. The original purchasers will have their value increase, so they should be happy and that starting point of what we raised will help get me to start tracking in the studio right away.
The record label and studio model will still be developed. I am unsure of how to to secure the funding, though I am in talks with some folks and that idea seems to be gaining a lot of traction. In the meantime, I thought proving the model of the Tatiana Coin was more important. I can always sell some of the coins that I get back when the album is released. Perhaps an entire new coin would be created for the label? That seems to make more sense anyway. I look forward to talking more about that with you guys and all the other people that want to be involved.
I feel confident that this is the best thing to do for the campaign and also for my fans. I don’t want people to be left out of the buying process, and I didn’t want to have the original fans lose money. I want this to be easy, so people have fun with crypto. I think this is the right choice, and hope everyone agrees. If anyone wants a refund, please email me and I will get it back to you asap. . Besides, the fixed price will be like 25x higher than the current price, so if you want them at any point, right now is a steal!
We will discuss this further on Sunday’s Exploring Artist Coins with Tatiana and Adam B. Levine. Please post your questions, and the team and I will get back to you right away! Thanks so much for checking in, I will try to share a fun video of the Boston trip with you later 😉
