Decentralized music streaming platform Tune.fm raised $50 million, with participation from Animoca Brands, etc.

2024-09-12 03:03:59

Abstract generation in progress

Odaily Planet Daily News: Decentralized music streaming platform Tune.fm announced a $50 million financing round, with participation from LDA Capital, Alpha Token Capital, Block Alpha, Animoca Brands, The HBAR Foundation, and GDA Capital, bringing the total funding to $80 million. The new funds will be used to provide liquidity for the JAM Token, the protocol’s native token used to reward artists and users on the platform. The platform provides music streaming services through an integrated Non-fungible Token market. Artists earn a small reward for every second their music is played, while users can earn Tokens by discovering and listening to newly promoted songs. The platform is supported by the Hedera blockchain. (Cointelegraph)

TUNE-3.21%

ALPHA-0.08%

TOKEN14.32%

HBAR-2.5%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes

Reward
2
2
Repost
Share

Comment

0/400

YYDS2

· 2024-09-12 03:57

bull return speed bull return speed bull return speed bull return speed bull return speed bull return speed

View OriginalReply0

TheLittleBuddha

· 2024-09-12 03:24

Ambush 100x coin 📈 All in 🙌 Bull returns quickly 🐂 Big brother take me with you 💰 Grasp the trend, make a crazy profit in 2024! 💸 Slap the thigh 😞 It feels bad to miss the boat 😂 Bitcoin Halving, just do it! 👊

View OriginalReply0

DailyNews

Strategy has turned profitable and may be included in the S&P 500 in September. The acting chairman of the CFTC stated that Bitcoin is moving towards "Uberization."

2025-08-15 09:07

Data: The trading volume of Hong Kong's virtual asset ETF today is approximately 131.4 million HKD.

2025-08-15 09:00