Web3

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Web3 and ‘superfan’ platform Tune.FM raises $20m from LDA Capital

San Francisco-headquartered Tune.FM, which describes itself as a web3 decentralized music streaming platform, has secured USD $20 million in funding from global investment group LDA Capital.The cash injection will support the development of Tune.FM’s platform that blends streaming with an NFT marketplace for exclusive content and experiences. The platform allows artists to monetize their superfans directly via streaming royalty micropayments and digital music collectibles.Powered by the JAM token on Hedera […]

todayJanuary 15, 2024 1

News

Sona, founded by DJ TOKiMONSTA, launches Web3 music streaming platform after raising $6.9m in seed round

In an era dominated by streaming giants like Spotify, independent artists often find themselves grappling with the challenges of visibility, fair compensation, and the complexities of breaking into the mainstream.As traditional streaming platforms fall short in providing equitable opportunities for some artists, NFTs (non-fungible tokens) are being hailed by some as a game-changer, offering independent artists a lifeline to not only thrive financially, but also to forge direct connections with […]

todayDecember 8, 2023 2

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