According to Foresight News, Hedera-based Web3 music platform Tune.FM has received $20 million in funding from investment group LDA Capital.
The platform uses Hedera Hashgraph technology to provide musicians with a platform to receive micropayments for streaming through its native JAM token and mint NFTs for digital music assets and collectibles. Existing investors in the platform include Animoca Brands, HBAR Foundation and Broad Street Angels.
