What is BitSong (BTSG) Crypto Coin? A Real-World Look at the Music Blockchain Project
Dec, 3 2025
BitSong Liquidity Risk Calculator
Calculate Your Trading Impact
Based on current market data (as of late 2025), BitSong (BTSG) has extremely low liquidity. This calculator estimates the slippage you'd experience when trading BTSG.
Trade Impact Analysis
Estimated impact on your trade
BitSong isn’t just another cryptocurrency. It’s a blockchain built for one specific purpose: cutting out the middlemen in the music industry. Imagine an artist uploading a song directly to a platform, getting paid instantly when someone streams it, and fans buying exclusive NFTs or creating their own fan tokens to support them-all without a record label, distributor, or streaming service taking a 70% cut. That’s the idea behind BitSong (BTSG). But here’s the reality: as of December 2025, this vision is still mostly theoretical.
How BitSong Was Built (And Why It’s on Cosmos, Not Ethereum)
BitSong started in 2017 as a simple idea: let fans pay artists directly. The founders, Angelo and Iulian, initially thought they’d build it on Ethereum. But by 2019, they realized Ethereum was too slow and expensive for daily music streaming. They switched to the Cosmos SDK, a framework designed for fast, interoperable blockchains. This wasn’t just a tech tweak-it changed everything. Cosmos lets BitSong connect with other blockchains like Osmosis and Terra (before its collapse), giving it potential to grow beyond its own network. The first live version, bitsong-2b, launched in October 2021. It included three core tools: a music streaming platform, an NFT marketplace for albums and artwork, and Fan Token creation. Artists could mint their own tokens-say, “JennyFanToken”-and fans could buy them to unlock exclusive content, early access to shows, or voting rights on future releases. No third party. No delays. No hidden fees.What BTSG Actually Does
The BTSG token is the engine of the whole system. It’s not just a currency. It does three things:- Pay for everything: Streaming music, buying NFTs, creating Fan Tokens-all require BTSG to cover network fees.
- Vote on changes: If someone proposes adding a new feature, BTSG holders can vote. The more tokens you stake and the longer you hold them, the more voting power you get.
- Secure the network: You can stake your BTSG with validators (like miners in Bitcoin) to help keep the blockchain running. In return, you earn more BTSG as a reward.
The Numbers Don’t Lie (And They’re Not Good)
Let’s talk numbers. BitSong’s market cap is around $450,000 as of late 2025. That’s less than the price of a single Tesla car. Its 24-hour trading volume? Around $180. That means if you wanted to buy $1,000 worth of BTSG, you’d likely move the price by 30% or more just by placing the order. Liquidity is practically nonexistent. The token price has collapsed from an all-time high of $16.60 in 2021 to under $0.002 today. That’s a 99.99% drop. Why? Because the platform never gained traction. While Audius, another music blockchain, has over 500,000 monthly users, BitSong’s streaming site, bitsong.fm, barely hits 1,200. That’s not a typo. One thousand two hundred people. Even worse, development has stalled. The last major code update on GitHub was in September 2022. The official roadmap hasn’t been updated since 2022. No new features. No marketing. No partnerships. The Telegram group has under 4,000 members, and most messages are automated announcements. There’s no mobile app. No customer support team. Just a website and a blockchain that’s barely being used.
Who’s Using BitSong? (Spoiler: Almost No One)
There are no big artists on BitSong. No labels. No influencers. No promoters. The few artists who’ve uploaded music are independent creators with zero followers outside the crypto space. Fans who do buy BTSG are mostly speculators hoping for a pump-like people buying lottery tickets. You can’t even buy BTSG easily. It’s only listed on a handful of decentralized exchanges. The most active trading pair is USDC/BTSG on Osmosis, with a 24-hour volume of $368. That’s less than a single Bitcoin transaction on Coinbase. If you try to buy more than $50, you’ll get slippage-meaning you pay more than you expected just because there aren’t enough sellers. Compare that to Audius (AUDIO), which trades on Binance, Coinbase, and Kraken with daily volumes over $10 million. Or Opulous, which partners with real musicians and has raised millions in venture funding. BitSong doesn’t have any of that. It’s a blockchain without users.Why BitSong Still Matters (Even If It’s Failing)
It’s easy to write off BitSong as a dead project. And in practical terms, it mostly is. But the idea behind it? That’s still valid. The music industry is broken. Artists earn pennies per stream. Labels control everything. Fans want to support creators directly but have no easy way to do it. BitSong tried to solve that. It didn’t fail because the idea was bad. It failed because no one built the community, no one marketed it, and no one kept developing it. Other projects are trying again. Royal lets fans buy shares in songs. Audius is growing slowly but steadily. Even TikTok is testing direct artist payments. BitSong was ahead of its time. But being ahead of your time doesn’t matter if no one follows.
Should You Buy BTSG?
If you’re looking to invest: no. The risk is extreme. With daily volume under $200, you could easily get stuck holding BTSG forever. There’s no exit strategy. No liquidity. No roadmap. No team activity. This isn’t a speculative play-it’s a gamble on a ghost. If you’re a musician: don’t waste your time uploading music here. You won’t get paid. You won’t get listeners. You’ll just be adding to a graveyard of unused tracks. If you’re curious about blockchain and music: explore Audius or Opulous instead. They have working apps, real users, and active teams. BitSong is a museum piece now-a reminder of what could have been.What’s Next for BitSong?
No one knows. The official website still lists vague promises like “enhanced NFT functionality” and “cross-chain integrations,” but there’s no timeline, no updates, and no proof of progress. The project hasn’t raised funding since 2021. The team hasn’t spoken publicly in over two years. Some speculate a revival could happen if a new investor steps in. Others think the codebase might be forked by another team to build something better. But as of now, BitSong is in stasis. A blockchain with no users, no developers, and no future. It’s not a scam. It’s not a Ponzi. It’s just… forgotten.Is BitSong (BTSG) a good investment?
No. BitSong has less than $200 in daily trading volume and a market cap under $500,000. Buying BTSG means you’re taking on extreme liquidity risk-you won’t be able to sell it without crashing the price. There’s no active development, no marketing, and no clear path to growth. It’s not a smart investment-it’s a bet on a dead project.
Can artists earn money on BitSong?
Technically yes, but practically no. Artists can upload music and create Fan Tokens or NFTs, but with fewer than 1,200 monthly users on the streaming platform, there’s almost no audience. Even if someone buys your NFT, the buyer likely paid with BTSG, which has no real-world value. You’d need to sell BTSG to cash out, and with such low liquidity, you’d lose 20-40% of your value just in slippage.
Where can I buy BTSG?
BTSG is only available on decentralized exchanges like Osmosis, MEXC, and BitMart. The most liquid pair is USDC/BTSG on Osmosis, but even that has a 24-hour volume of under $400. You’ll need a Cosmos-compatible wallet like Keplr or Leap to trade it. Centralized exchanges like Binance and Coinbase do not list BTSG.
Is BitSong built on Ethereum?
No. BitSong runs on the Cosmos SDK, not Ethereum. This was a deliberate choice to avoid Ethereum’s high fees and slow speeds. Cosmos allows faster transactions and interoperability with other Cosmos-based chains like Osmosis and Akash. This makes BitSong technically more advanced than many Ethereum-based music platforms, but it also limits its user base since most crypto users aren’t familiar with Cosmos wallets.
Why did BitSong fail?
BitSong failed because it had no community, no marketing, and no development. The idea was solid-cutting out music industry middlemen-but the team never built a user base. They didn’t partner with artists, didn’t run campaigns, didn’t fix bugs, and didn’t update the platform. While competitors like Audius grew to half a million users, BitSong’s platform barely hit 1,200. Without users, the token has no value. Without updates, the blockchain becomes irrelevant.
Tatiana Rodriguez
December 5, 2025 AT 02:20Okay, but let’s be real-BitSong wasn’t just a failed project, it was a love letter to idealism in a world that only rewards hustle and hype. I remember when I first heard about it in 2020, I was so moved. Artists finally getting paid directly? No more labels skimming off the top? It felt like music could be sacred again. And yeah, the numbers are pathetic now-$450k market cap, 1,200 users-but that doesn’t mean the dream died. It just means the world wasn’t ready. We’re still stuck in this capitalist loop where everything has to go viral or it’s worthless. What if the real failure isn’t BitSong… but our collective inability to nurture slow, meaningful change? I still stream music on bitsong.fm sometimes. Just me and a few others, listening to indie folk from Iceland and lo-fi beats from Osaka. It’s quiet. It’s small. But it’s real. And that’s more than I can say for Spotify.
Also, the Cosmos tech? Genius move. Ethereum was never meant for this. We need speed, not drama.
Britney Power
December 6, 2025 AT 11:46It is not merely inaccurate to describe BitSong as a "forgotten" project-it is fundamentally disingenuous to frame its collapse as anything other than an inevitable consequence of technological naivety coupled with a complete absence of market discipline. The notion that blockchain can operate in a vacuum, divorced from liquidity, marketing, and institutional validation, is not visionary-it is pathological. The $0.002 token price is not a tragedy; it is an arithmetic conclusion. To romanticize the 1,200 users as some sort of underground cult is to misunderstand the very nature of network effects. A blockchain without users is not a museum-it is a landfill. Furthermore, the comparison to Audius is not merely favorable-it is devastatingly conclusive. Audius leverages centralized exchange listings, VC backing, and scalable infrastructure. BitSong? A GitHub repository with a single contributor and a Telegram group populated by bots. This is not a cautionary tale. It is a forensic autopsy.
Maggie Harrison
December 8, 2025 AT 05:29Okay but imagine if we just… stopped trying to monetize everything?? 🤔
BitSong was never about the price chart. It was about the feeling-when your favorite band uploads a demo and you get to own a piece of it, not as a stock, but as a memory. Like a digital handshake. 💙
I bought one BTSG token in 2021. I still have it. I don’t care if it’s worth 0.0001 cents. It’s my little token of hope. Maybe one day, someone will build on it. Maybe not. But I’ll still be here, listening to that acoustic song from a guy in Portland who recorded it in his garage and called it "The Rain That Didn’t Come."
Don’t kill the dream because the market is cruel. Sometimes the most powerful things are the quiet ones. 🌱🎶
justin allen
December 9, 2025 AT 23:24Let me get this straight-some guys built a blockchain for musicians… and didn’t even bother to make a mobile app? And you’re telling me this is "ahead of its time"? Bro. We’re in 2025. If your platform can’t be accessed on your phone, you’re not a pioneer-you’re a relic. And don’t give me that "it’s about the vision" nonsense. Vision without execution is hallucination. This isn’t some underground art project. It’s crypto. And crypto doesn’t care about your feelings. If you can’t get 10k users, you don’t get to be a martyr. You get to be a footnote. And honestly? The fact that anyone still talks about this like it’s a tragedy is why America’s tech scene is collapsing. We don’t need more martyrs. We need more winners.
Also, Cosmos? Cool. But who uses Cosmos? No one. Everyone’s on Solana or Ethereum. This was a tech decision that killed the product. Classic.
ashi chopra
December 10, 2025 AT 08:11I read this whole thing slowly. It made me sad. Not because of the numbers, but because I know how hard it is to build something beautiful when no one’s watching. I’m from India, and here, many musicians still perform on street corners, hoping someone will drop a coin. They don’t have labels. They don’t have apps. They just have their voices.
BitSong tried to give artists that same dignity, but with code instead of a hat on the ground. Maybe it failed because it asked too much of us-to trust a system we don’t understand. But I won’t forget that someone tried. Not everyone needs to be a billionaire. Sometimes, just trying is enough.
I won’t buy BTSG. But I’ll remember the name.
Thank you for writing this.