Tune FM (service) explained

Native Name:English
Company Type:Private
Type:Music streaming service, Internet community
Founded:2021
Headquarters:San Francisco
Country Of Origin:USA
Key People:Andrew Antar (CEO), Brian Antar
Industry:Music, Social media
Registration:Required
Current Status:Active

Tune.FM is an American web3 decentralized music streaming platform and music NFT marketplace.[1] [2]

History

Tune.FM was founded by Andrew Antar and Brian Antar. It was designed with distributed ledger technology for revenue allocation for artists and fan interactions. The platform adopted Hedera Hashgraph, governed by Google, Boeing, IBM, Deutsche Telekom, LG, Tata Communications, where it allows hundreds of thousands of transactions per second. In 2024, Tune.FM have music catalogs of Jimi Hendrix, Bob Marley, Beyoncé, and Carlos Santana.[3] [4] [5]

Partnership

Andy Hertzfeld, Animoca Brands, Mindfund, LDA Capital, GEM Group, Bowie Lau, Mark Cheng, Paul Schmitzer, Aniello Callari, Paul Amess, Kelly Choo, Eric Rugart, Edward Hutchinson, Jack Koson, Luiz Vieira. Tune FM, also adopts partners such as Hedera Hashgraph, The HBAR Foundation, CoinMarketCap, Block Alpha, Alpha Token Capital, CoinGecko, Hasport, Perkinscoie, World Cafe Live, Saucerswap, Banxa, Sumsub, GDA, Amplify, Enflux, 7 digital, Songtradr, Jam Galaxy, Luminary, Plutus, Incantio, Altdeck, Bambumeta and Cresci labs.[6] [7]

NFT Marketplace

Tune.FM incorporates a music NFT marketplace, enabling artists to monetize their work through unique digital assets. Fans can purchase these NFTs, gaining access to exclusive content.[8] [9]

Overview

Unlike online radio stations and digital distribution services where artists receive 12% of the revenue generated from song plays. Tune FM launched on iOS devices, Android devices, and web browsers.

Finances and royalties

Artists on the platform earn streaming revenue through micropayments, delivered in the form of JAM tokens. Artists receive tokens when their tracks are played, in proportion to the number of seconds played.[10] [11]

See also

References

  1. Web site: TV . AMEP . 2024-07-20 . La Historia de Tune.FM – Industria Musical con Tecnología Descentralizada . 2024-08-12 . AMEP TV . es.
  2. Web site: Rowley . Melissa Jun . 2024-06-06 . Web3's Promise of Equity for Artists May Be Here at Last . 2024-08-12 . Rolling Stone . en-US.
  3. Web site: Post . E. L. . 2024-07-21 . Investigamos la biografía completa de Andrew Antar el fundador de Tune.FM . 2024-08-12 . es.
  4. Web site: Shepherd . Tyler . 2024-06-11 . Decentralised Music Platform Gets Its Hands On Unreleased Hendrix, Marley, and More . 2024-08-12 . Rolling Stone UK . en-GB.
  5. Web site: Hayward . Decrypt / Andrew . 2019-11-07 . Tune.fm adds Beyoncé to its crypto music service . 2024-08-12 . Decrypt . en-US.
  6. Web site: Jenz . 2024-06-08 . Tune.FM and Jam Galaxy Enhances Music Creation and Monetization . 2024-08-12 . NFT Plazas . en-US.
  7. Web site: Kitonyi . Nicholas . 2024-01-10 . Web3 Music Streaming Platform Tune.FM Announces $20M Investment from LDA Capital . 2024-08-12 . NFTgators . en-US.
  8. Web site: 2024-01-15 . Web3 and ‘superfan’ platform Tune.FM raises $20m from LDA Capital . 2024-08-12 . Music Business Worldwide . en-US.
  9. Web site: Staff . EDM com . 2024-02-28 . Why Underfunded Artists Are Turning to Tune.fm and Its Innovative Web3 Music Platform . 2024-08-12 . EDM.com - The Latest Electronic Dance Music News, Reviews & Artists . en.
  10. Web site: Krasnova . Daria . 2024-07-17 . How Tune.FM Transforms the Music Streaming Experience . 2024-08-12 . BeInCrypto . en-US.
  11. Web site: 2023-05-17 . Tuned Global partners with Revelator to integrate NFTs into music streaming platforms . 2024-08-12 . Music Business Worldwide . en-US.

External links

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Tune FM (service)".

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