The global music industry has a leading position in a global society. Each of us is involved in this industry, most as listeners, less as executors. Audio in the network has become the main source of profit in the music industry. The sale of its streaming services, such as Spotify and Apple Music, gave 38.4% of the $ 17.3 billion in total revenue in 2017, according to the report of the International Federation of Recording (IFPI).
According to the study, in 2017, 176 million people used paid strementing audio services. For the first time intangible sales (we are talking about sound files not on physical media) accounted for 54% of the total volume of the world market.
IFPI sees huge growth potential in emerging markets due to the widespread use of smartphones, as well as the active struggle for copyrights. Due to the wide application of the law, it becomes more difficult for platforms to prove that they do not need a license to distribute music. Recording companies, in turn, tend to provide an adequate cost of music, as it is consumed in various forms around the world.
The technology blockchain also covers this industry and Tune plans to introduce a revolution in the world music industry.
Analysis of the Tune platform.
Tune Company is a software development and management company, primarily focused on creating technology based on blockchain, intelligent contract design and digital token applications. The main task of Tune is to resolve the rights to digital copyrights and issues of royalty transparency for the music industry.
Tune has already reached licensing agreements with the TechCrunch Disrupt Cup AwardGram.
Currently available is the current version of RecordGram from the App Store or the Google Play Store. Users can create songs and videos and share their content. All this is done using the currency fiat. After implementing the blockchain technology, users will be able to convert their TUNE-tokens into Recordgram Credits. Then use Credit RecordGram to unlock the blows, the tips of artists, etc. D. Payments for royalties will be paid by TUNE Tokens.
Roadmap for the platform
Team of creators and developers
Information about TUNE Tokens.
A total of 1,000,000,000 TUNE tokens have been issued, and 400,000,000 TUNE are available for sale.
The standard of the token is ERC-20. Soft Cap - 10000000 USD, Hard Cap - 40000000 USD. At the same time, in the Private and Pre-Sale stages, it is planned to collect 30,000,000 USD, at the open sale stage - 10,000,000 USD (1 TUNE = 0,38 USD), which, with the current state of the music industry and platform strategy, seems quite feasible. BTC, ETH are accepted for payment. Private Sale started on March 9, 2018.
For me, this project has more than rosy prospects and investing in it today will be justified during this year (personally my forecast is not used to assess your risks). Below are the links to familiarize yourself with the platform:
Web site
https://www.tunetoken.io/
Telegram
https://t.me/RecordgramICO
Technical document
http://www.tunetoken.io/?page_id=16935&tnc_pvfw=ZmlsZT1odHRwOi8vd3d3LnR1bmV0b2tlbi5pby93cC1jb250ZW50L3VwbG9hZHMvMjAxOC8wMy9maW5hbF9jYXltYW5fdjAwNS5wZGYmc2V0dGluZ3M9Jmxhbmc9ZW4tVVM=#page=&zoom=auto&pagemode=
Facebook
https://www.facebook.com/TuneToken/
Twitter
https://twitter.com/TuneBlockchain
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