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? Whether or not they are compensated for their time is an important question. Through their app and pay-per-play model, Tune.FM claims to be able to give artists back some control over their own music distribution. 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.
The music industry now has a way to reward everyone who contributes to the creative process, regardless of whether or not they make money from it, thanks to Tune.new FM's JAM Token. Everyone works together to make micropayments seamless and ideal for users in order to bring back the real industry. Creating a global micropayment network for musicians and other creatives is Tune.primary FM's goal. For the time and effort we put in, we deserve compensation.
In the blockchain industry, the platform Hedera Hashgraph, which will allow any application to interact in real time with a distributed ledger, is expected to be a game changer. App, game, and social media developers can create new revenue streams with the Jam payment token. Tune.FM is aiming to be the first app and online radio service to offer rewards for listening and supporting your favorite artists as a result of the Hedera Hashgraph platform.
For the music industry, Tune.FM has created an app that allows users to make frictionless micropayments for live and on-demand music. With just two clicks of the mouse, artists can pay for a song or album and keep all of their royalties instead of having to give up a large portion of their income.
JAM TOKENS
JAM Hedera Hashgraph is to blame. People from all over the world can make micropayments using a Token from Tune.JAM FM. Using Hedera's (PoS) consensus algorithms is restricted to businesses (Asynchronous Byzantine Fault Tolerance).
Payments for streaming royalties have never been easier thanks to the Hedera Token Service and a new native audio token called JAM Token (HTS). It is possible to create new business models for media consumption that are both fast and inexpensive because the Hedera currency has a micropayment threshold of $0.00001.
As compared to Ethereum, NFT mining on Hedera token service is 99.9 percent cheaper (coins versus hundreds of dollars). When Tune's NFT Marketplace goes live, musicians and music fans will be able to easily create, buy, sell, and trade NFT music. The HTS coin's IPFS metadata will be used to build a wide variety of visual and aural assets, including photographs, movies, animations, and music (Wallet e.g. Meet & greets behind the scenes, VIP tickets to the event, and admission to the fan club). This encoder is available for virtual and direct streaming, as well as for small and large-scale concerts. Tracks that are still in the works will be made available to a select group of backers.
Artists have full control over their NFT experience because they have full creative freedom. Using NFTs, you can learn how to increase the value of your product. Loyalty rewards can help your super fan club make money. FM JAM is a company to keep an eye on, as growth is expected in the near future. New features and projects will be added as time permits. We are grateful for your help as an early beta tester and are looking forward to hearing your thoughts.
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 : Natasya2000
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3396747
Hedera Account ID: 0.0.636004