Introduction
As an industry-first network of artists, it has the tools needed for artists around the world to truly make a living and take control of their destiny. Our micropayment technology enables Streaming Per Second and Music NFT Minting services to monetize content more instantly and globally than ever before.
Powered by Hedera Hashgraph Tune.FM’s JAM Token provides lightning-fast seamless global value exchange through online micropayments. The enterprise-grade security of Hedera’s consensus algorithm (PoS) is of the highest possible standard, aBFT (Asynchronous Byzantine Fault Tolerance).
JAM Token is the first native audio token built on the Hedera Token Service to be traded on an exchange, allowing for the first time streaming royalty payments with instant payment. Extremely fast high throughput (100Ks Tx/s with final consensus in 3–5 seconds) and extremely small fees of native Hedera token ($0.00001) enable micropayments, open up New frontiers for disruptive new business models for media consumption.
The Hedera token service also supports NFT mining which costs 99.9% less than NFT mining on Ethereum (coins versus hundreds of dollars). The Tune.FM team will soon be releasing the best in class NFT Marketplace for artists and fans to mint, auction, buy, sell and trade NFT music. Combine lossless audio with visual elements including images, videos and animations (Decentralized storage on unique HTS token IPFS metadata) along with real world experiences (Wallet e.g. backstage meet and greets, exclusive tickets to the live show, fan club access). Encode rare unreleased content and exclusive events with NFT minting for limited access to live streams, intimate performances, live performances, and large-scale concerts both virtual and direct. Pre-release audio to select backers or publish unreleased tracks for a lucky few!
The Hedera token service also supports NFT mining which costs 99.9% less than NFT mining on Ethereum (coins versus hundreds of dollars). The Tune.FM team will soon be releasing the best in class NFT Marketplace for artists and fans to mint, auction, buy, sell and trade NFT music. Combine lossless audio with visual elements including images, videos and animations (Decentralized storage on unique HTS token IPFS metadata) along with real world experiences (Wallet e.g. backstage meet and greets, exclusive tickets to the live show, fan club access). Encode rare unreleased content and exclusive events with NFT minting for limited access to live streams, intimate performances, live performances, and large-scale concerts both virtual and direct. Pre-release audio to select backers or publish unreleased tracks for a lucky few!
Artists are in complete control of their NFT experience and the world is your scallop. Discover how NFTs can unlock the hidden value of your creativity through verifiable digital scarcity. Reward loyalty and monetize your super fan club!
Stay tuned for our upcoming features and integrations as we build the Tune.FM JAM ecosystem. The shortlist of features and initiatives below are part of what’s coming and as we’re working on multiple features concurrently. Thank you for being an early beta tester and we look forward to your feedback and ideas!
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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