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Tune Token is a native cryptocurrency of blockchain-based Tune platform that is founded to solve digital songwriter rights and royalty transparency issues for the music industry. The developers also intend to create different apps that allow users to tip and incentivize user/community rewards through content sharing, creation and engagement.
The platform tries to create the first international songwriter database of new music content. Tune Tokens are used as a method of content exchange by stakeholders across the Tune Platform within DApps.
Users can receive rewards in TUNE tokens for the following actions:
The community consists of music rights holders, producers, music performers, direct audiences (fans, music listeners). The platform has a unique system of algorithms that determine the ratio of rewards among participants in the Tune ecosystem. The project can also solve cross-border payment problems.