Tune.FM: Empowering Artists and Setting New Industry Standards through Web3 Music Platform and Space Music Advocacy

Yes3 Network Podcast producer and host Brandi Veil spoke with Tune.fm CEO and Founder Andrew Antar. They were in Miami for the Bitcoin Mining Disrupt Conference

Tune.fm, a web3 music streaming platform, is empowering artists by paying them 100 times more than Spotify. In an interview with Yes3 Network and Podcast at the Bitcoin Mining Disrupt Conference in Miami, Tune.fm CEO and Founder Andrew Antar shared his passion for music, his experience with the traditional music industry, and how Tune.fm is setting new standards.

Antar, who began violin lessons at the age of four, has always felt that there was more to his passion for music than just performing. As he grew older, he realized that something was fundamentally wrong with the music industry.

“It's a predatory industry. They're exploiting artists, and artists aren't getting their fair share,” said Antar. “I always felt that there was something wrong about the economics of the music industry and realized that it was fundamentally a technology problem, which can be solved.”

According to Antar, the traditional music industry is exploiting artists. He realized that the problem could be solved by creating a new technology platform. This led to the creation of Tune.fm, which offers an alternative to the traditional streaming and distribution giants.

“We want to put the power back into the hands of the artists,” said Antar.

Tune.fm is a brand new economic model that leverages the power of web3 and tokenization to empower artists. The platform is designed to be user-friendly and accessible to both crypto natives and non-crypto users.

“We are basically a web3 music streaming platform that pays artists 100 times more than Spotify,” said Antar.

Spotify, one of the world's biggest music platforms, has a revenue model that is based on subscriptions and advertisements. In contrast, Tune.fm pays artists every time their music is played, literally.

“We are the currency of music. Our JAM token is publicly traded on 20 exchanges worldwide and is becoming the currency of music,” said Antar.

“Artists are paid a rate of 1 penny per minute on our platform. So for a typical 4 minute song would be 4 cents.”

This is likely to be widely welcomed by artists across the world. Check this out: that's $10,000 for 250,000 streams.

“We have also built a marketplace for monetizing superfan experiences, like backstage passes, VIP packages, meet-and-greets, and many other types of physical and digital experiences,” said Antar.

In addition to offering a superior revenue model for artists, Tune.fm is also setting new standards in the music industry through its partnership with Space Blue.

This partnership has given Tune.fm the opportunity to exclusively make available the records of musical geniuses and legendary artists including Jimmy Hendrix, Marvin Gaye, Bob Marley to name some. Summer of Love Volumes I and II featuring a rare compilation of 26 songs debuts exclusively on Tune.fm later this month.

“It's only on Tune and the Moon,” said Antar.

Space Blue launched a space capsule containing never-heard-before tracks of music superstars via a SpaceX rocket for which Tune.fm has exclusive streaming rights.

With Tune.fm being featured in Rolling Stone and on NASDAQ TV, Antar said that it was good to see that “it's nice that we are getting a lot more eyeballs.”

Antar also highlighted the ease of use of the Tune.fm platform, which allows artists to simply upload their music and get going within minutes. The platform has been built to cater to non-crypto users and natives alike.

It also offers subscribers 1000 free JAM tokens just for signing up to stream music. Fans can also get paid for streaming sponsored music as well.

When asked about the difference between Spotify and Tune.fm, Antar explained that Spotify is a one-sided consumer facing platform that has deals with the big three labels and the rights holders. They don't really deal directly with artists.

“On the other hand, Tune.fm is a marketplace that deals directly with artists and provides them with the tools and technology to upload their music, set their own prices, and sell directly to fans and collectors,” said Antar.

Andrew Antar’s journey from a young musician to the founder and CEO of Tune.fm shows the potential of innovation in the music industry.

Tune.fm offers a new economic model for artists and redefines how music is discovered, played, valued and monetized. With partnerships like Space Blue, Tune.fm is setting new standards in the industry. Learn more at Tune.fm.

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