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 >

October 23 12:30 UTC Released

CAWholesale Trade MM

Actual

0.5 %

Forecast

0.5 %

Previous

1.5 %

October 23 12:30 UTC Released

USNational Activity Index

Actual

0.17 %

Forecast

Previous

-0.31 %

October 23 14:00 UTC 2929m

EZConsumer Confid. Flash

Actual

Forecast

-1.1 %

Previous

-1.2 %

October 24 00:30 UTC 659659m

JPNikkei Mfg PMI Flash

Actual

Forecast

Previous

52.9 bln $

October 24 06:45 UTC 10341034m

FRBusiness Climate

Actual

Forecast

110 %

Previous

110 %

October 24 07:00 UTC 10491049m

FRMarkit Serv Flash PMI

Actual

Forecast

56.9 %

Previous

57.0 %

October 24 07:00 UTC 10491049m

FRMarkit Comp Flash PMI

Actual

Forecast

57.0 Bln BRL

Previous

57.1 Bln BRL

October 24 07:00 UTC 10491049m

FRMarkit Mfg Flash PMI

Actual

Forecast

56.0 bln $

Previous

56.1 bln $

October 24 07:30 UTC 10791079m

ITMarkit Service Flash PMI

Actual

Forecast

55.6 Bln EUR

Previous

55.6 Bln EUR

October 24 07:30 UTC 10791079m

RUMarkit Comp Flash PMI

Actual

Forecast

57.7 %

Previous

57.7 %

Close

Welcome to EconoTimes

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