TONE meaning in Cryptocurrency ?

tuteeHUB earn credit +10 pts

Answer:

Music-related assets within the world of crypto represent an untapped market with a huge potential. The music industry needs innovation and easier ways for musicians to control both their intellectual property and earnings. This will make it possible for new (and old) talents to be discovered on a decentralized marketplace which will help them to earn money and fulfil their dreams, both at an earlier stage. As of today, the music industry operates from the “top-down”. Our goal is to make it “bottom-up”.

Based on statistics, music artists earn approximately only 12% of the revenue generated in the industry. The fact is, 90% of revenue is shared amongst 1% of the top music artists which we view as uncredited and unjust. NFT TONE will be a decentralized and social marketplace where music artists will be able to interact with their admirers in revolutionary ways. With NFT TONE, content creators can efficiently and effectively upload their music and get paid directly by their fans and followers. 

Key Features:

Easy creations of NFTs that are sold or auctioned to supporters and investors.

Ensured provenance and authenticity.

Secure transactions between artists and fans/investors.

Partnership with decentralized storage provider(s) to retain high quality and efficient delivery of uploaded content.

Remarkably efficient token economy powered by the NFT TONE platform token ($TONE) along with stable-coins and FIAT.

Rewards holders of ($TONE) & also artists for all transactions (tax) on the platform.

Revolutionary marketplace.

reference

Report

Posted on 26 Sep 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Cryptocurrency
webstory list tuteehub
Miscellaneous in Cryptocurrency


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Important Cryptocurrency Links

open app imageOPEN APP