Tune.Fm Launches New Token Protocol On Hedera Hashgraph

in tunefm •  3 years ago 

About Tune.Fm
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For decades, the music business has been subject to upheaval. There is now a market for the distribution and sale of physical objects with music recordings thanks to sound recording and playback technologies.
New techniques of compensating musicians for music broadcast and performance rights evolved as terrestrial radio became more popular as a discovery tool. Because of the internet, Napster, and other file-sharing services, the music industry's financial model was irrevocably changed.

A Music Social Network, Tune.Fm
It's not just a music streaming service, but a social networking tool that allows artists and fans to communicate directly through fanning, reviewing, and direct messaging exchanges on the Tune.FM platform. Future-proof value transfer occurs seamlessly across the whole music network that we are creating. Followers and musicians can connect directly through Tune.FM, unlike other platforms that don't have direct links with artists, and musicians may communicate directly with their fans.

Incentives for User-Generated Reviews

Music reviews are a great opportunity for music fans to interact directly with the music and contribute their thoughts, curation and musical ideas. The first time ever that music reviews have been monetised, we will use crowdsourced upvotes and downvotes to level up music critics and hold review writing contests with JAM reward payouts for the number of votes obtained. In exchange for JAM, artists will be able to buy reviews of their music written by accredited music reviewers who have achieved a specific level of review status. It is also possible for artists to hold writing contests in which fans can participate and vote on their responses, with the highest-ranking reviews winning a larger share of the JAM reward. As a result of this strategy, new listeners can get part in the music review curation process and compete for JAM awards, giving them the opportunity to move to higher levels of music critic rank and earn more JAM for paid expert music reviews. These services are exchanged for additional JAM funding from the JAM treasury reserve in order to support the demand side of the curation market. The JAM treasury reserve will support 90 percent of the compensation to fans for their reviews.

Playlisting

The Playlist feature will let users to earn JAM by curating playlists. Songs fans will be able to make their own playlists while they seek for new music on the platform. Future JAM users will be able to use it to advertise their playlists and gain more paying listeners. As the playlists get more successful, the playlist curators will be paid a share of the overall revenue generated by the playlists.
There are a variety of playlists to choose from, and each has its own advantages and disadvantages. Fans and musicians alike will benefit from the playlist's curator taking a portion of the streaming income.

Broadcasting & Radio

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Tune.FM will be a major player in the radio and broadcasting industries. In addition to on-demand streaming, Tune.focus FM's will be on discovery, and radio facilitates that process. While seeking for new music, musicians are simultaneously looking for as many potential listeners as possible; this mutually beneficial contact, when combined with micropayments, allows for the first-ever "pay-for listening" internet radio station. With a wide variety of fan-curated and artist-curated stations broadcasting music from every genre, listeners may select whether they want to be compensated for listening or whether they want to be compensated by the radio station for listening. If you're looking for a mix of both, you'll find stations that are cost-neutral and give you the ability to customize your experience with easy settings and sliders. For DJs, this means that they will be able to announce songs, host discussion shows and podcasts, and record snippets to play between songs to tailor their radio station's sound and appearance.

More Information please visit link :
Website: https://tune.fm/signup/?next=/
Whitepaper: https://tune.fm/public/landing/images…
Twitter: https://twitter.com/tunefmofficial
Telegram: https://t.me/tunefm
Youtube: https://www.facebook.com/tunefmofficial
Medium: https://medium.com/hearo-fm

Writer :
Bitcointalk Username : apataak
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3391752
BSC Address : 0xF1B708b07Ea8265801255a0548Ce9607bE0Cc2f7

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