Tune.Fm has built a global music economy that empowers artists by giving them a way to earn direct payment for their creations. The Tune.Fm technology enables fans to discover new music from artists around the world. Support artists directly by streaming their music, and earn JAM tokens discovering new music. Because the music gets played, the artist gets paid.
Tune.Fm enables artists to monetize their music directly. Tune.Fm doesn’t charge artists a royalty on any revenue generated by their music. Artists accept a direct payment from fans, and this payment is denominated in JAM Tokens, a utility token on the Ethereum Blockchain.
Tune.Fm gives artists direct control over how fans and artists interact. Artists publish their songs and set pricing. Fans then listen to songs, and if they like them, they pay the artist directly in the Tune.Fm Marketplace.
Tune.Fm brings artists into the global economy. Tune.Fm gives artists a way to earn money directly in the global community. Tune.Fm enables fans to discover new music from artists around the world. Tune.Fm represents a new, decentralized, global music economy.
Tune.Fm helps artists distribute their music globally. Tune.Fm musicians publish their music directly to the Tune.Fm Marketplace, and Tune.Fm in turn distributes it to Tune.Fm’s global audience. The Tune.Fm Marketplace is Tune.Fm’s distribution platform, and it is the only place where Tune.Fm’s artists can distribute their music. Musicians who use Tune.Fm’s marketplace can publish their music using a Tune.Fm App, Tune.F
Tune.Fm uses blockchain technology to enable fans to discover music and earn tokens to support artists directly.
As a listener, you can support your favorite artists by joining their campaigns. A campaign is like a Kickstarter, but with crowdfunding as a direct distribution channel. Artists use campaign pages to post demos, recordings, videos and, in some cases, live performances.
When a listener listens to an artist’s music, she earns tokens. Tokens are earned based on the quality, popularity and replay value of the music. When listeners share an artist’s music with their friends, they also earn tokens.
Tokens are used in Tune.Fm’s digital marketplace. The marketplace allows fans to directly support artists by purchasing their music.
Tune.Fm’s token, the JAM, is the currency used on the Tune.Fm platform. The JAM token is a utility token that allows fans to earn tokens, and artists to purchase tokens.
The JAM token will be integrated into Tune.Fm’s digital marketplace. To earn tokens in the marketplace, fans will need to buy JAM tokens.
A lot of people, artists and listeners alike, suffer from what economists call the “bandwagon effect”. This is the idea that the number of people who like something grows faster than the number of people who dislike it.
In extreme cases, it’s like a disease, and a cure could be as simple as “don’t like”. But in the real world, the cure has to be more subtle.
For artists, the cure is to give people a reason for liking your stuff. They have to make something that people want to listen to, not just something that they think people will like, which is what the bandwagon effect means.
For listeners, the cure is to give them something that they want to listen to in the first place. Your favorite band may be great, but if your favorite band hasn’t made anything in years, it’s hard to say that you like them.
Tune.Fm solves both problems.
First, Tune.Fm’s discovery engine uses artificial intelligence to match listeners to artists, based on what they do. So listeners will find new music that is interesting to them, not just something they like.
Second, Tune.Fm’s marketplace uses smart contracts to connect artists and listeners directly, where each pays for what they get. This gives listeners an incentive to listen, because while they can stream for free, the artists get paid.
Third, Tune.Fm’s minimalist interface means listeners won’t need to do anything but listen. But if they want to get more involved, they can vote on songs they like, and write reviews. This lets artists get the information they need to make more of what they want to make.
Tune.Fm’s mission is to make discovery as painless and efficient as possible. We believe discovery should be effortless and enjoyable, and that artists should be paid fairly for their work.
Tune.Fm is a music economy that enables fans to discover new music from artists around the world.
We enable fans to listen to music. We help them discover new music. We give fans an opportunity to earn tokens called JAM. JAM tokens are an Ethereum ERC20 token. The tokens are the currency of the music economy, and fans can buy, sell, and earn JAM.
Artists get paid when their fans listen to music. They get paid when their music is streamed. We stream music for free, but artists get a percentage of your listening time. We charge artists 1% of your listening time.
In exchange for 1%, artists get 20,000,000 JAM tokens. That’s 20,000,000 JAM.
Artists get tokens just like you and I do. They earn tokens by streaming music, and their fans listen to the music.
Tune.Fm is a service that makes it easy for artists to connect with their fans, and for fans to discover new music. Artists upload their music, fans listen to it, and the artists get paid. Fans listen for free, and can earn tokens for discovering new music.
What Tune.Fm does is simple, but to make it work, we needed to build a complex system of interactions.
Music can be a precious and valuable thing. But it is also a commodity. If you are a musician, it is a commodity like any other, and like any other commodity, it is hard for you to keep control over it. It has value, but it also has value to someone else.
So, what do you do? Some musicians work under exclusive contracts, one contract at a time, with one or a few big companies. Other musicians are free agents, working for whoever will offer them the best deal, regardless of price.
Then there’s Tune.Fm, a global music economy where musicians get paid directly for their work. Tune.Fm pays musicians more, on average, than any of the other alternatives. That’s because Tune.Fm is decentralized, and because the music economy it enables is more efficient, and because it accepts no fees from anyone who makes money off music. Tune.Fm lets musicians keep their music to themselves, however long they please.
There’s another advantage. The musicians in Tune.Fm have total control over how their music is used. The musicians in Tune.Fm decide what gets played and what doesn’t, just like they used to, but in Tune.Fm they do it directly and in real time, with direct, instantaneous feedback from their audience.
How does Tune.Fm work? Tune.Fm’s decentralized music economy runs on blockchain, and it needs a blockchain. So Tune.Fm relies on Ethereum. And Ethereum needs developers. So Tune.Fm needs programmers.
For more information
Website: https://tune.fm/
Whitepaper: https://tune.fm/public/landing/images/Tune.FM(JAM)WhitepaperV3.pdf
Twitter: https://twitter.com/tunefmofficial
Facebook: https://www.facebook.com/tunefmofficial
Telegram: https://t.me/tunefm
Author
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