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juandelacruz2000 · 3 years
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Tune.FM  Is A Tokenized Music Marketplace For Music NFTs
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In today's society, it is the norm to use a streaming service. To what extent does a musician's career suffer when they have access to millions of songs? Is there a financial incentive for them to participate? The Tune FM app and pay-as-you-play model claims to give artists back some control. To what extent this is a positive development in the evolution of the music industry depends on whether or not the companies offering these streaming services can still make money while shifting the burden to a population that cannot pay for music. Tune FM piqued our interest, so we did some research.
A long-term music ecosystem was one of Tune.primary FM's goals. The power of the community can be harnessed with the help of blockchain technology, and subscriptions can be used to pay for tools for artists.
As a result of the integration of Hashgraph and JAM tokens, the new tuneFm streaming platform represents a significant step forward for the music industry overall. When a song is streamed, a new technology that combines blockchain and hashgraph allows musicians, fans, and others to be paid instantly.
Blockchain, a distributed ledger, and Hashgraph, a new consensus algorithm are combined to create a new method of exchanging monetary value. Fans and musicians will be able to conduct business directly, eliminating the need for middlemen. Because of this direct connection, artists and consumers can build a long-term mutually beneficial partnership. With Forever Token, music fans will be able to invest in the music they love while also helping the artists get paid.
 Tokenimics (JAM)
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As the ecosystem's governance or utility token, Jam was created solely on Tune.Fm in order to promote a safe and stress-free way of doing business within the ecosystem.
In addition to Lightning Fast, Global micropayments, and the Music Discovery Platform, the Jam token will be traded on various exchanges to ensure a fair market value.
 Using The JAM Token
With the help of Jam tokens, artists can use streaming to communicate directly with their followers. You get 100 Jam tokens when you sign up with your email address, so you can listen to more than 100,000 artists from all over the world. Every time a listener purchases a song via digital download or streaming, the artist's wallet is empty. Musicians and bands can use Jam tokens to reward first-time listeners and build a library of promoted music that fans can access for a small fee using Jam tokens.
Tune.fm's music marketplace will soon feature a wide variety of products and services referred to as "Jam." Products, reviews, and VIP experiences will all be given the jam treatment at this year's event. Listening to music has never been easier thanks to Tune.fm, the world's first and only crypto jukebox. Tune.fm, a music streaming service, is "reshaping the music industry" by giving artists more control over their own rights and the ability to earn money on the fly as a result of this empowerment.
  For More Information Please Visit Links:.
Website : https://tune.fm/
Twitter : https://twitter.com/tunefmofficial
Telegram : https://t.me/tunefm
Medium : https://medium.com/hearo-fm
 Writer :
Bitcointalk Username : juandelacruz2000
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3396837
Hedera Account ID: 0.0.636021
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