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Tune.FM, a decentralized music streaming platform and NFT marketplace, has announced a partnership with Jam Galaxy, a web3 music studio and collaborative audio protocol, to integrate advanced tools for music creation, artist monetization, and fan engagement on Tune.FM’s platform.
Jam Galaxy supports real-time, low-latency collaboration through its DePIN infrastructure and provides AI tools for music creation and fan interaction while Tune.FM uses Hedera Hashgraph blockchain technology to provide higher royalty payments to artists compared to traditional streaming services.
Tune.FM allows artists to sell music, release NFT drops, and offer multimedia content directly to fans. The platform also includes options for fan experiences like merchandise bundles, meet-and-greets, and VIP events.
Source: Jam GalaxyReshaping the Music Industry Lanscape
Patrik Gudev, Co-founder and CEO of Jam Galaxy, celebrated the partnership saying, “Tune.FM’s pioneering approach to music streaming and NFTs aligns perfectly with our mission to empower artists and enhance their creative journeys. This partnership will provide our users with unparalleled opportunities to monetize their music and engage with their fans in innovative ways.”
Andrew Antar, Co-founder and CEO of Tune.FM, also added, “By joining forces with Tune.FM, Jam Galaxy’s web3 creators and jammers gain access to our cutting-edge platform for monetizing their music. Tune.FM’s decentralized streaming service and music NFT marketplace allow our artists to earn $JAM tokens, promote their songs to new listeners, and create collectible music NFTs. Fans can directly support our artists, earn rewards and enjoy unique experiences.”
Key features introduced by this partnership include real-time collaboration, AI music tools, expanded monetization, transparent payments through $JAM tokens, and overall aims to attract a diverse range of artists and creators.
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