Tune.FM Receives $50 Million for Its Music Streaming Project on Hedera Blockchain
Thursday, 12 September 2024, 02:00
Tune.FM's Significant Capital Boost
Tune.FM has recently announced a substantial $50 million capital commitment to enhance its decentralized music streaming capabilities built on the Hedera Blockchain.
Previous Funding and Future Plans
Just eight months prior, this innovative platform raised $20 million, showing rapid progress in the blockchain music landscape.
- Decentralization at its core: Tune.FM aims to redefine how music is streamed.
- Innovative technology: Leveraging Hedera’s fast and secure infrastructure.
- Potential for artist monetization through efficient smart contracts.
The Future of Music Streaming
With this new funding, Tune.FM is poised to accelerate its growth, potentially setting new standards in the crypto music industry.
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