Tune.Fm - Market For Artists And Fans Of Crypto Music
Disruption is nothing new in the music industry; it has been occurring for decades. The invention of sound recording and playback technology facilitated the dissemination and sale of physical objects including music recordings.
As terrestrial radio gained prominence as a means of discovery, new mechanisms for compensating musicians for music broadcast and performance rights evolved. As a result of the internet and Napster, a decentralized peer-to-peer file-sharing network was developed, irreversibly altering the music industry's financial model.
Tune.Fm - Music Social Network
Along with providing a music streaming service powered by cutting-edge audio technology, the Tune.FM platform incorporates a social networking layer that enables artists and fans to communicate directly through fanning, reviewing, and direct message exchanges. We are developing the future music social network, with value transfer occuring seamlessly across the entire network. In comparison to other platforms with no direct connection to artists, Tune.FM enables musicians to interact directly with their fans and fans to connect directly with the artists they enjoy listening to.
Crowdsourced Review Rewards
Reviews are critical becaus
e they allow fans to interact directly with the music and provide value to it through comments, curation, and musical opinions, among other things. For the first time ever, we will monetize music reviews through crowdsourcing upvotes and downvotes by gamifying music critic levels and organizing review writing contests with JAM reward payouts according on the number of votes obtained. By paying JAM, artists will be able to purchase bundles of music evaluations written by accredited music critics who have attained a certain level of review status and bundle them with stream minutes. Apart from generating content, artists can host writing contests that are open to all fans, with their responses being upvoted and downvoted accordingly, with the highest-ranking reviews receiving a higher share of the JAM reward. This strategy allows new fans to participate in the music review curation process and compete for JAM awards, which allows them to move to higher levels of music critic status, which opens up new options to earn additional JAM for paid expert music critic reviews. In exchange for these services, artists will support the demand side of the curating market through supplemental JAM funding from the JAM treasury reserve, which will be used to stimulate additional activity as necessary. Fans will receive 90% of the revenue generated by their reviews, which will be supported through the JAM treasury reserve.
Playlisting
Fans will be able to earn JAM as playlist curators via the Playlist function. Songs enthusiasts will be able to construct personalised playlists while they seek for new music on the platform. They will be able to use JAM in the future to promote their playlists and earn more paid listens. The curators of the playlists will be compensated with a share of the revenue earned by the playlists as they gain popularity.
Different playlists can be created to benefit artists, fans, or a cost-effective middle ground. Both musicians and their followers will benefit from the curator of that playlist receiving a portion of the streaming income.
Radio & Broadcast
Tune.presence FM's in the radio and media industries will be enormous. Along with on-demand streaming, Tune.FM will be all about discovery, and radio facilitates discovery. To their advantage, musicians are also seeking to get their music in front of as many people as possible when discovering new music; this mutually advantageous interaction, when combined with micropayments, enables the first-ever radio station that pays you to listen. There will be a multitude of fan-curated and artist-curated radio stations broadcasting all types of music, and listeners will have the option of listening to radio stations that pay them JAM or to radio stations that pay artists a little amount of JAM. Additionally, there will be stations that combine the two while remaining cost neutral, offering listeners complete control over their listening experience via simple settings and sliders. Additionally, users will be able to DJ radio stations and broadcast directly into their microphones to announce various songs, host chat shows and podcasts, and record snippets to play in between songs to customize the appearance and sound of their radio station.
More Information please visit link :
Website: https://tune.fm/signup/?next=/
Whitepaper: https://tune.fm/public/landing/images…
Twitter: https://twitter.com/tunefmofficial
Telegram: https://t.me/tunefm
Youtube: https://www.facebook.com/tunefmofficial
Medium: https://medium.com/hearo-fm
Writer :
Bitcointalk Username : apabaka
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3373901
BSC Address : 0x2c1A49CC125892368319C153eBA052Ab3451c253