TUNE.FM, a tokenized music marketplace platform, today announced that it will utilize the power of the new Hedera Token Service (“HTS”) to deliver real-time music streaming micropayments, limited release NFT minting services for artists, and tokenized live social audio experiences. According to the update, HTS is a new Hedera service that offers a faster and more efficient alternative to smart contract token creation. The service enables the issuance and configuration of native fungible and non-fungible tokens on Hedera, taking full advantage of Hedera Hashgraph’s native performance, security, stability and governance. “TUNE.FM is excited to launch the JAM token on Hedera Token Service,” said Andrew Antar, co-founder of TUNE.FM. “Hedera Token Service is the ultimate native token service that will enable us to truly realize our original vision for real-time micropayments at lighting speeds with super low fees.”
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About TUNE.FM
TUNE.FM (hearo.fm Inc.) is a tokenized music marketplace helping artists earn a living with streaming micropayments, NFTs and live social audio so when the music gets played, the artist gets paid. The tune.fm streaming platform features thousands of artists from around the world including several Grammy award winners. For more information, visit www.tune.fm.
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