une.FM JAM Token is a Hedera Hashgraph powered music token to enable a global decentralized music streaming marketplace platform for artists and fans alike.

INTRODUCTION

We started this mission to create global independent music a marketplace for artists to collaborate, share their music, and connect directly with their fans. Our goal is to democratize access to music and increase the playing field for artists around the world. Today, Tune.FM is a thriving music marketplace where you can find great independent music from around the world. NS Tune.FM JAM Token is a Hedera Hashgraph powered music token to enable a global decentralized music streaming marketplace platform for artists and fans alike. We will use the JAM token to create a fully tokenized music economy that allows for direct micropayments between artists and fans for streaming and music curation.

Music is More Valuable
Music is the most sticky form of media in the world and has a long history of connecting people through a common language. Has the power to change moods, stir emotions, unite communities, and life changing. Many neurological studies decipher music profound effect on the brain and the great power it has in our bodies. However, music remains one of the least monetized media forms compared to photos, texts, and videos of music artists with heavy losses in the market. The NS industry has been held back by the current licensing paradigm and the big labels that support it. Millions of artists around the world struggle to survive and bring their music into the world to be heard. Today’s digital music landscape is ripe for distraction and change. By bringing together music discovery and cryptocurrency in one cohesive place, we can create innovative experiences that elevate artists from around the world and delight fans more than ever.

Platform Features

• ARTIST & FAN REWARDS: JAM rewards creators and curators. Artists earn tokens as creators when fans stream their
  songs. Fans earn tokens as curators by reviewing music. Artists can promote their music with tokens for streams, and
  fans can earn tokens simply by streaming music.
• GLOBAL MICROPAYMENTS: With virtually no fees, Hedera Hashgraph enables borderless micropayments between
  artists and fans making it possible for the first time to monetize music streaming direct to fans around the globe
  without high transaction fees.
• LIGHTNING FAST: With unprecedented throughput speed of hundreds of thousands transactions per second per shard,
  Hedera Hashgraph’s unrivaled performance makes it possible to process transactions from high volumes of concurrent
  users without waiting for network confirmations.
• BANK GRADE SECURITY: Hedera Hashgraph’s DLT (Distributed Ledger Technology) utilizes a virtual voting consensus
  algorithm that is PoS (Proof of Stake) and aBFT (Asynchronous Byzantine Fault Tolerant), reaching consensus within
  seconds with 100% certainty.
• MUSIC DISCOVERY PLATFORM: Tune.FM is a fully featured music discovery platform and social network. We will be
  replacing the fiat marketplace with a fully tokenized economy which will be called Tune.FM.

JAM . Token Ecosystem Incentives
JAM is a non-refundable functional utility token that will be used as a medium of exchange between participants on

Tune.FM in a decentralized way. The purpose of introducing JAM is to provide a convenient and secure mode of payment and settlement between interacting participants within the ecosystem on Tune.FM, and is not, and is not intended to be, a medium of exchange accepted by the public (or any part of the public) as payments for goods or services or for the settlement of debts; nor is it designed or intended to be used by anyone as payment for any goods or services not provided exclusively by the publisher. The JAM token solves the problem of micropayments in the music industry. Leveraging cryptocurrencies and distributed ledgers technology, the JAM token enables a direct symbiotic relationship between artists and fans, without the need for intermediaries to collect licensing fees for streaming and distribution.

JAM also provides economic incentives that will be distributed to encourage users to contribute and participate in the ecosystem on Tune.FM, thus creating a mutually beneficial system. where each participant is fairly compensated for his efforts. JAMS is an integral and inseparable part of Tune.FM, because without JAM, there would be no incentive for users to shop for resources to participate in activities or provide services to benefit from the entire ecosystem on Tune.FM. Given that Additional HOURS will be awarded to users only based on actual usage, activity, and contributions on Tune.FM, Tune.FM users and/or JAM holders who do not actively participate will not receive the JAM incentives.

The JAM token creates a global music marketplace and ecosystem where artists can be paid in cryptocurrency for every second hi-fidelity streaming and downloads of their music. Fans can earn cryptocurrency by listening to desired tracks by promoting artists and labels, as well as reviewing songs and albums. They can then spend those JAM tokens by listening to the music of the artists they like. After n streaming, fans will automatically unlock song ownership, which includes unlimited free streaming and unlimited hifidelity offline playback.

Tokenomics

JAM Allocation

The sole aim of the Tune.FM ecosystem is to propagate and bring to everyone in Diaspora newly listed music for a quick access to it which in the Tune.Fm platform merchants or lovers of music can discover independent music all around the world with just a click and haven signed up with the ecosystem which also will thrive or yield more benefits to merchants who is a user in the ecosystem.
The body responsible in powering the Tune.Fm token is the Hadera Hashgraph which has the responsibility in enabling a global decentralized music streaming market place for artist and fans and soon the Jam token will be fully tokenize which will allow or foster micropayment directly between artist and fans.

However, in the music industry there are numerous of constraint or problems that is seen in the industry which makes platforms like the Tune.Fm ecosystem finds it difficult in having a convenient ecosystem that will be suitable for all and also that will meet the technological needs of the ecosystem which is of the reason why the ecosystem against all odds of technology ,the ecosystem had to look for a better one that will best suit the platform which is of the reason they discover the power of Hedera Hashgraph which is seen as the technology that has the ability to build the Tune.Fm utility token and the Hashgraph is having the only consensus algorithm which is the Byzanthyme which solves Byzantine general problems in maths and achieves a mathematically
certain asynchronous Byzantine Fault Tolerant consensus that is
un-hackable.

Again, with the Hedera Hashgraph there is no waiting for network confirmation and mining of a probabilistic consensus simply because the Hedera Hashgraph is very fair in its dealings and highly secured in all ramifications at large.
Furthermore, in the Tune.Fm ecosystem, new opportunities will be created for the sole purpose of artist growth through the Hedera Hashgraph DLT and in the Tune.Fm ecosystem, artist will be able to monetize individual streams which is just the first time such feature has being implemented and all thanks to the Tune.Fm ecosystem haven opined such feature in the ecosystem.
THE JAM TOKEN :

The Jam token is the utility token in the ecosystem which facilitate an easy means of transaction and payment making to its users in the platform which foster a secured means of transaction making in the ecosystem with no stress or having any issue while transacting.

However, the Jam tokens are used to pay artist for every streaming that is carried out by fans in their music and also used in paying of reviewa carried out by fans which also directly connects artists with their fans. Users can sign up and receive 100 Jam tokens for free to discover and listen to thousands of artists from anywhere in the world. As fans streams music, Jam token payments are made into the artists’ wallet for every second of streaming. Also artists will soon be able to promote their music with Jam by paying out Jam tokens to first-time listeners of their songs, creating a pool of promoted music that fans can stream for compensation.

                  THE TUNE.FM TOKENOMICS :

Standard HTS (Hedera Token Service)

Symbol JAM

Supply 1000,000,000

                       JAM TOKEN ALLOCATION :

Public Sale 40%

Jam Treasury 30%

Founders Team 30%

                FEATURES OF THE TUNE.FM PLATFORM :

• Global micro payment
• Lightning Fast
• Music Discovering Platform
• Artist and Fan Rewards etc.

                    GLOBAL MICRO PAYMENT:

In this aspect, it simply implies payment for both artist and fans which is a borderless micropayment between artist and fans which makes it possible for the first time to monetize music directly to fans in the world at large.

                      LIGHTNING FAST :

Here it implies the rate at which it gets to all users all over the world with an unprecedented speed of hundreds of thousands per second with no interruption which does not wait for network confirmation simply because of the Hedera Hashgraph.

                  MUSIC DISCOVERYING PLATFORM:

In this aspect, the ecosystem is a music discovering platform which users can see newly music of artist in the platform without not searching for it and also the ecosystem will be replacing the fiat market with a fully tokenized economy.

               ARTIST AND FAN REWARD FEATURE :

This is one great feature that makes the Tune.Fm very unique as they have come up with a way of rewarding artist and fans in the ecosystem and ways artist are being rewarded in the ecosystem are on the aspect when fans streams the songs of the artist and ways fans are being rewarded or make an earning is just by reviewing music in the ecosystem.

In summary, the Tune.Fm is one unique ecosystem that has lots of features just to serve and benefits all merchants or investors who comes across the ecosystem so as for them not to have any reason to worry and I urge every merchant to become a user and also a holder of the Jam token simply because soon the token won’t be easily accessible as seen on how the bitcoin is not accessible anymore because it has gone so high and that is what I mean by the Jam token not been accessible too and also the Jam token will be seen on various exchange platform for the sole purpose of a fair market value.

Useful Links :
Website : https://tune.fm/
Telegram : https://t.me/tunefm
Facebook : https://www.facebook.com/tunefmofficial
Instagram : https://www.instagram.com/tunefmofficial/
Medium : https://medium.com/hearo-fm
Twitter : https://twitter.com/tunefmofficial

AUTHOR: Oladirano23

POA: https://bitcointalk.org/index.php?topic=5370267.msg58573379#msg58573379