Tune.FM is an American web3 decentralized music streaming platform and music NFT marketplace.[1][2]
 | |
Native name | English |
|---|---|
| Type of business | Private |
Type of site | Music streaming service, Internet community |
| Founded | 2021 |
| Headquarters | San Francisco |
| Country of origin | USA |
| Key people | Andrew Antar (CEO), Brian Antar |
| Industry | Music, Social media |
| Registration | Required |
| Current status | Active |
History
editTune.FM was founded by Andrew Antar and Brian Antar. It was designed with distributed ledger technology for revenue allocation for artists and fan interactions. The platform adopted Hedera Hashgraph, governed by Google, Boeing, IBM, Deutsche Telekom, LG, Tata Communications, where it allows hundreds of thousands of transactions per second. In 2024, Tune.FM have music catalogs of Jimi Hendrix, Bob Marley, Beyoncé, and Carlos Santana.[3][4][5]
Partnership
editAndy Hertzfeld, Animoca Brands, Mindfund, LDA Capital, GEM Group, Bowie Lau, Mark Cheng, Paul Schmitzer, Aniello Callari, Paul Amess, Kelly Choo, Eric Rugart, Edward Hutchinson, Jack Koson, Luiz Vieira. Tune FM, also adopts partners such as Hedera Hashgraph, The HBAR Foundation, CoinMarketCap, Block Alpha, Alpha Token Capital, CoinGecko, Hasport, Perkinscoie, World Cafe Live, Saucerswap, Banxa, Sumsub, GDA, Amplify, Enflux, 7digital, Songtradr, Jam Galaxy, Luminary, Plutus, Incantio, Altdeck, Bambumeta and Cresci labs.[6][7]
NFT Marketplace
editTune.FM incorporates a music NFT marketplace, enabling artists to monetize their work through unique digital assets. Fans can purchase these NFTs, gaining access to exclusive content.[8][9]
Overview
edit[8]Unlike online radio stations and digital distribution services where artists receive 12% of the revenue generated from song plays. Tune FM launched on iOS devices, Android devices, and web browsers.[1]
Finances and royalties
editArtists on the platform earn streaming revenue through micropayments, delivered in the form of JAM tokens. Artists receive tokens when their tracks are played, in proportion to the number of seconds played.[10][11]
See also
editReferences
edit- ^ a b TV, AMEP (2024-07-20). "La Historia de Tune.FM – Industria Musical con Tecnología Descentralizada". AMEP TV (in Spanish). Retrieved 2024-08-12.
- ^ Rowley, Melissa Jun (2024-06-06). "Web3's Promise of Equity for Artists May Be Here at Last". Rolling Stone. Retrieved 2024-08-12.
- ^ Post, E. L. (2024-07-21). "Investigamos la biografía completa de Andrew Antar el fundador de Tune.FM" (in Spanish). Retrieved 2024-08-12.
- ^ Shepherd, Tyler (2024-06-11). "Decentralised Music Platform Gets Its Hands On Unreleased Hendrix, Marley, and More". Rolling Stone UK. Retrieved 2024-08-12.
- ^ Hayward, Decrypt / Andrew (2019-11-07). "Tune.fm adds Beyoncé to its crypto music service". Decrypt. Retrieved 2024-08-12.
- ^ Jenz (2024-06-08). "Tune.FM and Jam Galaxy Enhances Music Creation and Monetization". NFT Plazas. Retrieved 2024-08-12.
- ^ Kitonyi, Nicholas (2024-01-10). "Web3 Music Streaming Platform Tune.FM Announces $20M Investment from LDA Capital". NFTgators. Retrieved 2024-08-12.
- ^ a b "Web3 and 'superfan' platform Tune.FM raises $20m from LDA Capital". Music Business Worldwide. 2024-01-15. Retrieved 2024-08-12.
- ^ Staff, EDM com (2024-02-28). "Why Underfunded Artists Are Turning to Tune.fm and Its Innovative Web3 Music Platform". EDM.com - The Latest Electronic Dance Music News, Reviews & Artists. Retrieved 2024-08-12.
- ^ Krasnova, Daria (2024-07-17). "How Tune.FM Transforms the Music Streaming Experience". BeInCrypto. Retrieved 2024-08-12.
- ^ "Tuned Global partners with Revelator to integrate NFTs into music streaming platforms". Music Business Worldwide. 2023-05-17. Retrieved 2024-08-12.