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Tune.FM
Tune.FM is a Web3 music streaming platform built on the Hedera network. It aims to provide artists with higher royalty payments through instant micropayments using its native JAM token. The platform includes a marketplace for music collectibles (NFTs) and offers a 'play-to-earn' model for fans, who can earn rewards for discovering music.
Distributed
Description
Tune.FM is a Web3 music streaming platform and marketplace built on the Hedera blockchain, designed to create a more equitable music industry. The platform's core feature is its use of micropayments with the native JAM token, allowing artists to receive instant royalties for every second their music is streamed, at rates claimed to be 10-100x higher than traditional services. For artists, Tune.FM offers tools to promote their songs and a marketplace to mint and sell multi-tiered music collectibles (NFTs), which can bundle songs, art, and exclusive experiences. For listeners, the platform provides a 'play-to-earn' system, rewarding them with JAM tokens for discovering new, promoted music. Additional features include AI-powered music discovery and high-quality lossless audio streaming.Grant Funding
VC Funding
None
2024
$0
$20M