Every day we listen to several songs. Some of them are our favorite songs, some are new songs and some we listen because our friend has a bad taste in music. It isn’t that he has a bad taste in music; it’s that we don’t like that genre. We listen to music when we are happy, sad, travelling, dancing, etc. music has become a part of our life. We listen to our favorite songs when we are home, while driving to and fro from work, etc.
Music industry is one of the biggest industries when it comes to money. The singers fight neck to neck to have a better carrier than their opponents. If their records are sold more, they are highly benefited by the sponsors and labels. The sponsors put in a lot of money to make a successful album which includes high advertisements cost. The biggest problem faced by the industry at this time is piracy which leads towards a major loss for the industry where people get access to their work for free.
Tune is the first global decentralized project which will bring song rights database to blockchain and royalty transparency.
They have their own mobile application on both iOS and android which is called RecordGram. The users using the mobile application can unlock beats, create new songs and videos and share their content. Till now all this was done by using fiat money such as USD. Now, they have came up with a new project to bring their already existing project to blockchain where the users can concert their Tune token to RecordGram credits and can use the application as they used to do.
Uses of tune token:
- In App/Off platform transaction- producers can use tune to upload beats and users can use tune to unlock those beats.
- Artist tripping- users and music fans can discover talents and tip the artist by using Tune.
- Community incentives
- Royalty payments- Artists and producers can earn by creating and sharing their music across the network.
- Brands or advertising- Brands can pay for access via the Tune Token.
- Synchronization library- Music supervisors, advertisers etc can use Tune to license original music created.
To get more information about Tune, visit the official website or join Telegram chat group by following links below:
Tune Website: https://www.tunetoken.io/
Tune Telegram: https://t.me/RecordgramICO