Tune.fm leverages the Hedera Hashgraph for a novel use of cryptocurrencies in the form of quick music micropayments.

in tunefm •  3 years ago 

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Introduction

Your ability to earn an income as an artist and take charge of your own destiny will be enhanced by your participation in our industry-leading network. More than ever, our micropayment technology makes it possible to monetize content more quickly and globally than ever before.

The Hedera Hashgraph is employed to power this piece of music.

FM's JAM Token, which accepts online micropayments, enables lightning-fast value exchange throughout the world. Hedera offers an aBFT (Point of Sale) security level that is suitable for enterprises (Asynchronous Byzantine Fault Tolerance).

For the first time, streaming royalty payments may be processed quickly thanks to the Hedera Token Service's first native audio token, which has been published on an exchange. Native Hedera ($0.00001) token costs are so cheap that micropayments are viable, allowing for the development of new business models for disruptive and high-throughput media consumption and distribution. Final agreement can be reached in 3–5 seconds for a system with a transmission rate of 100Ks Tx/s.

When mining NFTs on the Hedera token service, the cost of mining NFTs is 99.9 percent less expensive than when mining NFTs on the Ethereum blockchain (coins versus hundreds of dollars). The opening of one of the most advantageous places for minting, auctioning, purchasing, and selling NFT tracks is imminent.

The unique IPFS metadata associated with the HTS token can be used to produce a varied array of visual and audio assets (including images, videos, and animations), as well as to store and share them (Wallet e.g. fan club access, backstage meet & greets, and tickets to the live show).

Using NFT minting, you can stream live events, such as sporting events, local performances, and large-scale concerts. Even previously unheard music will be made available to some supporters, who will be contacted through email.

It is possible to mine NFTs for 99.9 percent less than what the Ethereum platform costs for NFT mining by use of the Hedera cryptocurrency service (coins versus hundreds of dollars). Tune.best-in-class Radiohead's NFT Marketplace will soon allow musicians and fans to mint, auction, purchase, sell, and exchange NFT songs and other NFT-related content.

The unique IPFS metadata associated with the HTS token can be used to produce a varied array of visual and audio assets (including images, videos, and animations), as well as to store and share them (Wallet e.g. meet & greets, VIP tickets, and admission to the fan club).

Using NFT minting, you can stream live events, such as sporting events, local performances, and large-scale concerts. Some supporters, who will be informed through email, will be able to hear music that were previously unavailable.

NFT gives you entire power over how you want to use it, and you have complete freedom in how you do it. Make use of NFTs to gain a deeper grasp of your own creative potential and how it can be unleashed in the future. It's time to get a return on your investment in your loyal customers.

Chorus.

As a result, keep an eye out for more FM JAM features and integrations in the future. This is merely a taste of what's to come, and we're always adding new features and projects as time allows. Thank you for visiting! We appreciate you taking the time to be a beta tester, and we look forward to hearing your thoughts and comments.

Anti-Andrew Anti and Anti-Andrew Anti

The co-founder of TUNE.FM

With the launch of Tune.FM, an entirely new economic model has been established, allowing artists to collect monies directly from their fans to aid them in maintaining a successful musical career. HTS and the strength of Hedera have enabled hundreds of tune.fm musicians to earn JAM tokens for every second their music is streamed, guaranteeing that artists are fairly compensated for their efforts.

It is a worldwide reserve currency for the music business, backed by the intrinsic value of music, and it is backed by the intrinsic worth of music. The tune.fm community aids artists and fans in acquiring JAM tokens by streaming, discovering, and curating music on the network in a collaborative environment. A unique non-functional toy can be purchased and sold by artists and fans in return for limited edition releases, exclusive material, and once in a lifetime live experiences.

HTS tokens have a number of advantages, including ABFT consensus, world-class governance, and the ability to process thousands of transactions per second with finality. Anyone with a Hedera account can get stable coins, security tokens, and other cryptocurrencies by signing up for an HTS.

More Information about tune.fm

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

Creator Article

Forum Username: Roland0Guita
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3402230
WALLET ADDRESS: 0x37aF53958890c3A548Ab75CCC350c16A0fF5DCfB

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