Earn NFTs and Cryptocurrency by Listening to Music with Tunedly

With innovative use case scenarios, blockchain technology is quickly growing. Some of the purposes for which the technology is being used i...

With innovative use case scenarios, blockchain technology is quickly growing. Some of the purposes for which the technology is being used include streamlined payment processing, compliance audits, and supply chain monitoring and tracking. Now Music companies like Tunedly want to revolutionize the music business by adding blockchain-powered incentive systems to boost user engagement.

How to Earn Music NFT and Cryptocurrency by Listening to Music using Tunedly?

In an attempt to create new revenue streams, the technology has attracted the interest of artists, publishers, agencies, managers, and more. Blockchain technology can assist in redefining the rights and royalties process, ensuring that everyone in the intricate value chain of the music business is appropriately compensated. To that end, Tunedly is unveiling its brand-new TunedCoin initiative. The initiative intends to reward music customers with TunedCoins and unique music NFTs. Also, these benefits may be leveraged to get entry to exclusive gatherings and royalties with their preferred performers.

Tunedly was founded in 2016 by musicians and music management to lower the entrance requirements for the music business. It offers everyone a live collaborative music distribution and recording option. By paving the road for independent artists via its dedication to assisting songwriters and other music producers to connect with top-tier session musicians for professional music production and music publication, Tunedly contributes to the decentralization of the music business.

Tunedly expanded into music publishing and subsequently into music discovery after dominating the industry as a specialist in music production in an effort to enhance the fairness and openness of the A&R process. Tunedly wants to make it possible for music fans to vote once per day a song they think should be signed through the TunedCoin initiative. The incentive for listening is the earning of TunedCoins, NFTs, and a portion of future revenues.

How TunedCoin (TUC) Cryptocurrency and Music NFTs Work?

The Tunedly network serves as an illustration of how decentralized finance, non-fungible tokens, and blockchain technology have the potential to transform the music business. By uploading their music to the Tunedly Music Discovery app, aspiring musicians are first found on Tunedly.

In order to remove prejudice, Tunedly will play songs from new artists next to tracks from well-known musicians once the song has been uploaded. Following then, music fans can vote for their favorite songs only on the basis of the music, without mentioning the artist's name or any other identifying information.

Top songs that receive the most votes from the Tunedly community are given a publication offer, and a signing bonus of TunedCoin is also given out. The firm rewards fans by signing songs they awarded a star to by giving them TunedCoins and NFTs.

Conclusion:

The vision of the company is to why should we let a small group of pretended "industry experts" choose the music we hear on the radio, in TV commercials, in movies, and on our favorite shows? Shouldn't you and I choose tomorrow's top songs? The music business is being turned on its head by Tunedly, which enables music fans to find new songs and musicians and convert them into future successes while earning TunedCoins and NFTs. You will receive a portion of the song's royalties once you have accumulated enough TunedCoins and NFTs.