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According to Cointelegraph, Tune is a Web3 music platform based on Hedera FM has completed a $50 million financing with participation from GlobalEmerging Markets. This new investment will be used to provide liquidity for the JAM token of the agreement, which will be used within the platform to reward artists and users. Previous investors of Tune.fm include LDA Capital, AlphaToken Capital, BlockAlpha, AnimocaBrands, HBAR Foundation, and GDA Capital. This platform provides music streaming services that integrate the NFT market. Artists can earn micro payments for every second of music playback, while users can earn tokens by discovering and listening to newly promoted songs. @setter
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