AMA Recap FMFW. FMFW host: Welcome to today's AMA, powered by FMFW.

19 Dec 2022, 01:25

✨ AMA Recap FMFW.IO ✨ 📊 FMFW host: Welcome to today’s AMA, powered by FMFW.io where we discuss the ins and outs of crypto, bringing you meaningful and mission driven conversations based on trust & growth. I am Bogdan Popa, FMFW.io’s Marketing Lead and today’s host!🤝 📊 FMFW host: Welcome to today’s episode, it’s a pleasure to be joined by Andrew Antarctic,(@tar0819 ) CEO of Tune.fm and he is here to talk to us about how Tune.fm is aiming to revolutionise the way artists, connect and share experiences with music fans, NFTs in the music industry and a lot more! 🎶 🎧 Andrew: Thanks for having me! 📊 FMFW host: @tar0819 , it’s a pleasure to host you today! Can you please introduce yourself to our community?🎙 🎧 Andrew: I’m the Founder of Tune.FM 📊 FMFW host: Can you please tell us more about your background? 🎧 Andrew: I’m a classically trained violinist and started Brown’s startup incubator. I’m also a software developer 📊 FMFW host: We have a real polymath with us, it’s great to see the experience you bring into Tune.fm!👏 📊 FMFW host: Now, before we get into the ins and out of the Tune.fm ecosystem, can you please take a moment to introduce the project to our community? What is Tune.fm?🎶 🎧 Andrew: TuneFM is a web3 decentralized music streaming platform and music NFT marketplace 📊 FMFW host: Due to your great experience as a musician and your relationships within the industry, what is the biggest problem that Tune.fm needs to solve?🤔 🎧 Andrew: The music industry is broken and artist are struggling to monetize their music. They are hardly paid anything per stream and labels/publishers take vast majority of money made from their music 📊 FMFW host: I see your point. 💯 As a music fan and someone who has connections within the music industry, I can definitely agree that a lot of artists, especial middle and small, struggle to monetise their music and to even keep their music career alive! 📊 FMFW host: Let’s discuss utilities! What are the utilities the project provides to musicians and music fans?🎶 🎧 Andrew: When the music get played the artist get paid for every second for streaming. JAM facilitates these streaming royalty micropayments. Artists can also promote their music with JAM creating a play to earn model for fans. 📊 FMFW host: That sounds like an ideal world for artists! 👏 What about music fans? How do you plan to reward them and what are the utilities offered to them? 🎧 Andrew: Fans can earn JAM for listening to promoted music Also via curating and reviewing 📊 FMFW host: Now that you’ve mentioned the JAM token, can you tell us more about the role the JAM token plays within your ecosystem? 🎧 Andrew: JAM is also the currency of our music NFT marketplace 📊 FMFW host: Last but not least from me Andrew, how do you see Q4 unfolding for you and the team? Are there any key milestones you are aiming to hit in the next 4 months? 🎧 Andrew: We are launching our music NFT marketplace very soon and working with secret celebrities for their music NFT drops! 📊 FMFW host: Sounds like you have a packed calendar for the end of the year! On behalf of the entire FMFW.io team and community, I wish you nothing but success and to hit every single milestone in your plan!🤝 🎧 Andrew: Thanks! 📊 FMFW host: @tar0819 , are you ready for some 🔝community questions?! 🎧 Andrew: Ok 📊 FMFW host: The 1st question is coming from @Polymennn: “Usually when people think nft market they usually imagine some image or artwork but it’s unusual that #TuneFM makes a profit from tokenizing music so let me know why you choosen this path? Do you believe music will disrupt the NFTs space?” 🎧 Andrew: Music is the next frontier for NFTs and offer a higher utility that pictures alone 📊 FMFW host: The 2nd question is coming from @Solarmuine1: “How can Tune FM be the End of Artist Exploitation by Giant Music Streaming Corporation? How is Tune FM different from Apple Music or Spotify?”