TUNE.FM is an industry first artist network

 

The tune.fm tokenized music marketplace provides streaming micropayments, NFTs, and live social audio experiences for artists to earn directly from their fans.

TUNE.FM, a tokenized music marketplace platform, today announced that it will utilize the power of the new Hedera Token Service (HTS) to deliver real-time music streaming micropayments, limited release NFT minting services for artists, and tokenized live social audio experiences.

HTS is a new Hedera service that offers the ability to issue and configure native fungible and non-fungible tokens on Hedera, taking full advantage of Hedera Hashgraph’s native performance, security, stability and governance. HTS offers a faster and more efficient alternative to smart contract token creation.

"Tune.fm is excited to launch the JAM token on Hedera Token Service — Hedera Token Service is the ultimate native token service that will enable us to truly realize our original vision for real-time micropayments at lighting speeds with super low fees."

ANDREW ANTAR

CO-FOUNDER, TUNE.FM

Tune.FM is on a mission to help artists earn a living by radically evolving the music industry with a new business model for artists to earn directly from their fans. With HTS and the power of Hedera, thousands of tune.fm artists can earn JAM tokens for every second their music is streamed, so when the music gets played the artist gets paid.

The JAM token is the global reserve currency for the music economy, backed by the fundamental value of music. The tune.fm community is fostering an ecosystem of artists and fans by giving them tools to earn JAM tokens together by discovering, streaming and curating music on the platform. Artists and fans can buy and sell rare NFTs for limited releases, exclusive content and special live experiences.

Tokens created using HTS inherit many of the characteristics of HBAR, including asynchronous byzantine fault tolerant (ABFT) consensus, world-class governance, and thousands of transactions per second with finality — in addition to predictable, low fees. HTS offers the ability for anyone to access stable coins, security tokens and more, issued on Hedera by creating a Hedera account.

For more information

Website : https://tune.fm/

Telegram : https://t.me/tunefm

Facebook : https://www.facebook.com/tunefmofficial

Instagram : https://www.instagram.com/tunefmofficial/

Medium : https://medium.com/hearo-fm

Twitter : https://twitter.com/tunefmofficial

Author:

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