Every day, fresh talent enters the music scene. Unfortunately, there isn’t room for everyone to sit down. The audience consistently chooses to support well-established artists over up-and-coming ones. You should take some of the blame.
In other words, if you had to pick between listening to a song by a new artist and a song by an artist you already know and like, you would probably prefer to listen to the song by the artist you already know and like. As a result, this widens the gap between the music industry’s established and rising performers, with the latter retreating farther into their shells.
There has to be a method to get people interested in checking out new music so that up-and-coming musicians can reap the rewards of their interest. How, though?
Tunedly’s mission is to eliminate bias in the music industry with their anonymous music discovery platform. No one uses views or likes on this rapidly developing site. In reality, identifying the song’s creator or performer is completely impossible. These restrictions are put in place so that music may be evaluated fairly and independently of its composers.
Many of the listeners may not be acquainted with the concept, but they are absolutely enthralled by it. When was the last time I listened to music by an unknown artist? Tunedly showed me that it’s possible for a song to be great even if I’m not acquainted with the musician. The website has a curated catalog of hundreds of artists from a wide range of musical styles.
Tunedly also provides a mobile application dubbed Tunedly Music Discovery app, via which listeners may enjoy a more streamlined interface while perusing the extensive playlists including songs that have been curated just for them. When you use Tunedly, an algorithm will analyze the music you listen to and play just the songs that are most likely to make you feel a certain way. Imagine it as your very own personalized soundtrack!
Tunedly gives its listeners real-world monetary value in exchange for their support of the platform’s emerging artists. You need to give each song a few listens every day and then upvote the one you liked most. The most popular song usually gets picked up by a record company. To what end, then?
You see, if you voted for a song and it was picked up by a record company, you’d get a free download (NFT) of that song. But there’s more. TunedCoin will be awarded to the first 1000 users that upvote a song. This cryptocurrency token may be redeemed for future music royalties.
Once a song is signed, all TunedCoin holders who voted for it will get a portion of the revenues. You may earn more royalties from a song if you have more TunedCoins. The stakeholders in a song’s creation get royalties according to the amount of TunedCoins they own.
Let’s pretend two parties care, and each of them has 10 TunedCoins. Each artist would get $100 of the total $200 in royalties from the song’s sales. However, if a shareholder earns 50 more TunedCoins, bringing their total to 150 TunedCoins, the royalties will no longer be distributed fairly. The total royalty payment of $200 would be split in two, with each party receiving $120.
TUC, or TunedCoin
The Tunedly Masked Music Platform’s native cryptocurrency initiative is called TunedCoin (TUC). Polygon, one of the most powerful blockchains, serves as the foundation for TUC. Polygon is an Ethereum smart chain operating on the second layer. While Ethereum has a larger user base, genuine crypto enthusiasts know that Polygon is the superior chain. This is due to the fact that it is a lot quicker and cheaper.
Although TunedCoin is in its infancy as a cryptocurrency, it has just as much promise as the fresh, up-and-coming musicians it promotes on its platform. Many currencies, including Bitcoin and Ethereum, have peaked and are now declining. Since TUC is a brand-new cryptocurrency, its value can only increase. Besides, who could refuse a free cryptocurrency coin? Certainly not us.
Currently, 21,000,000 TUC tokens are in circulation. They are presently only accessible as incentives for upvoting a signed music, but an ICO will make them available to the public shortly. Tunedly has promised an ICO release date in the second quarter of 2023.
Help New Artists Out Today
The music business is, without a question, one of the most competitive fields in which to break out in the present day. Nonetheless, there are still many creative people out there who are fighting the good fight. By listening to music and casting a vote for your favorite track, you can help these musicians out and earn incentives at the same time using Tunedly. Music listening is already a daily habit of ours. Why not try to make a change?