tune.fm is a tokenized music platform that allows artists to earn directly from their fans through streaming micropayments, NFTs, and live interactive audio experiences.
The revolutionary approach of tune.fm is helping musicians optimize their earnings by allowing artists to profit from their listeners directly.
The JAM token is the music economy’s global reserve currency, underpinned by the inherent value of music. By giving artists and fans tools to earn JAM tokens together by discovering, streaming, and curating music on the platform, the tune.fm network is cultivating an ecosystem of artists and fans. For exclusive content, live experiences, and limited edition launches, unique NFTs can be traded among fans and artists.
The JAM token is the first Hedera Token Service (HTS) asset to be traded on an exchange, Bitrue. JAM is the only Hedera-based token to be used for music micropayments. Hedera allows developers to create equitable and secure apps which are finalized near real-time, which ultimately makes it a leader in the decentralized public network.
Many of the HBAR features are passed on to tokens issued with HTS which apart from ABFT consensus include thousands of transactions within a second with low fees, as well as top-tier governance. Hedera-issued assets such as stable coins and security tokens among others can be accessed by users with the Hedera account.
For more details visit the Hedera website.
Thousands of tune.fm artists including Grammy winners may receive JAM tokens for every second their music is streamed thanks to HTS and the power of Hedera, thus when the music is played, the artist is compensated.