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Tune FM, a decentralized music streaming platform built on the Hedera Hashgraph blockchain, has secured a $50 million capital commitment from Global Emerging Markets Group. The platform uses its JAM token to enable artists to receive streaming royalties through blockchain micropayments. This funding aims to help Tune FM compete with established platforms like Spotify by offering artists up to 100 times more per stream.
TUNE•FM RAISES $50 MILLION FOR HEDERA-BASED MUSIC STREAMING PLATFORM Tune•FM, a decentralized music streaming project on Hedera Hashgraph, has secured a $50 million capital commitment from GEM Group. The platform uses its JAM token to enable artists to receive streaming… https://t.co/ERGTIuIl6v
Blockchain music streaming startup https://t.co/7S0rjruXTi raises $50M https://t.co/BmALdC4gyU
TUNE•FM SCORES $50 MILLION TO BOOST MUSIC STREAMING ON HEDERA Web3 music platform Tune•FM just secured a $50 million capital commitment from the GEM Group. The platform, built on the Hedera Hashgraph blockchain, lets artists earn royalties through micropayments using its… https://t.co/o3Qsp1qktZ