Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Tokenly to launch trial of ‘token.FM’ blockchain music service in May

Tokenly, a blockchain-based technology solutions company, announced that it will launch the initial trial of blockchain music service token.FM in early May and open a Series A round.

token.FM leverages blockchain technology to address existing media challenges and empower the future of media distribution and fan relationships. It is a direct-to-fan platform where, artists can control their pricing, distribution, and revenue splits for streaming and sales.

“Now, artists can fully control the distribution of their music and see exactly who their most devoted fans are, rewarding them with exclusive perks. Meanwhile, fans enjoy full ownership of the music they purchase and a closer relationship with their favorite artists and fellow music lovers. In the end, it’s all thanks to the power of the blockchain, which we are thrilled to take beyond the stage of conception and concretely apply to direct-to-fan music sales for the very first time,” Adam B. Levine, CEO of Tokenly, stated.

With the platform, fans can support their artists directly and have an exclusive access to artist chats or experiences, ticket or merchandise pre-sales, and more. token.FM enables artists to tokenize any number of songs into a digital package. They can then set their desired terms for release, including pricing and quantity for limited and exclusive releases.

token.FM enables artists to attach perks including access to private chats, merch discounts, VIP experiences, among others. Also, it provides fans that purchase album via token.FM both true ownership of that album and its associated perks.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

January 19 15:30 UTC Released

USECRI Weekly Annualized

Actual

4.5 %

Forecast

Previous

3.3 %

January 19 15:30 UTC Released

USECRI Weekly Index

Actual

150.3 %

Forecast

Previous

147.6 %

January 21 21:00 UTC 10001000m

KRPPI Growth YY

Actual

Forecast

Previous

3.1 %

January 21 21:00 UTC 10001000m

KRPPI Growth

Actual

Forecast

Previous

-0.1 %

January 21 23:00 UTC 11201120m

JPReuters Tankan DI

Actual

Forecast

Previous

27 k

January 22 07:00 UTC 16001600m

NOIndus Confidence

Actual

Forecast

Previous

2 0

January 22 08:00 UTC 16601660m

TWJobless Rate

Actual

Forecast

Previous

3.69 0

January 22 08:00 UTC 16601660m

TWExport Orders YY

Actual

Forecast

Previous

11.6 0

January 22 09:00 UTC 17201720m

GRCbank C/A YY

Actual

Forecast

Previous

-0.624 0

January 22 13:30 UTC 19901990m

USNational Activity Index

Actual

Forecast

Previous

0.15 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.