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- 1 Tunedly is all set to bring revolution to the music industry with blockchain.
- 2 It gives power to the listeners to choose which songs become tomorrow’s hits.
- 3 Listeners as well as artists can earn through NFTs and royalties by using TunedCoin.
Modern technology has made music streaming very easy and dynamic. One can access millions of songs in just a few seconds. But users do not have a lot of say in what becomes popular and mainstream. The centralized music platforms just throw their choice upon the listeners, oftentimes controlled by the major labels such as Universal Music, Sony Music and Warner Music. They don’t ask people what they would like to listen to before putting songs into their databases. They just do it and listeners have to accept it willy-nilly. All of this is soon going to change with TunedCoin.
Introducing Tunedly and TunedCoin
Tunedly is a revolutionary platform that changes the way people have been listening to music. This decentralized app enables people to have a voice in determining which undiscovered songs can become hits in the future. Moreover, it ups the ante by rewarding them with crypto coins and music NFTs.
With this platform, listening to music gets easier and it gives more freedom to the listeners. To understand how it works, let’s get into the details.
Here’s How TunedCoin Works
TunedCoin strategically brings decentralization into the music domain. At the same time, it makes their listening more profitable.
Listen to Music
The platform allows users to stream a large variety of music on its Discovery App. The application works right on the website and it makes the whole experience very easy. Tunedly has enhanced its reach to many artists who upload their work on the platform. Unsigned artists have a better chance of monetizing their work by entering their music in the Tunedly music discovery platform.
Give A Star To The Favorite
The next step for listeners is to give a daily star to the song they believe has the best odds of becoming a hit. It is more like hitting the like button on any app. This step tells the platform that listeners prefer a particular song over the others. With this, the algorithm is able to make better choices about which songs to push into the mainstream.
Creation of NFT
If a song is signed by Tunedly to a music publishing deal, the first 1,000 listeners receive a TunedCoin while everyone who gave that song a star will receive that song’s NFT.
Distribution of Royalties
The last step of the cycle is the distribution of royalties. The platform doles out royalties to the NFT holders of that song. With this, the listeners get what they rightfully deserve. Their participation gets more rewarding and it can elevate the collection as well.
Airdrop is Coming
TunedCoin just announced their last Airdrop before the official launch. The event is giving away 25,000 TunedCoins. It went live on August 1, 2023, and will continue till August 31, 11:59 PM EDT. Here’s the link to join
Also, the project has already kicked off its last presale round. You can participate using this link.
Benefits of Using Tuned Coin
● Redefining Music: The blockchain-based token totally reinvents the way we discover music.
● Earning Prospects: The website allows listeners to earn NFTs of songs. It also helps the artists earn royalties for their work.
● Boost to the Music Industry: Giant recording companies and listening platforms rule this industry now. The users don’t have a say in anything in the current form and TunedCoin is changing this.
TunedCoin is going to empower every single music lover. It gives them the power to choose and change. This trailblazing project is here to transform the way users listen to music. It would empower the listeners, artists, and the entire music industry.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
