Tune.fm has raised $50 million from Global Emerging Markets, bringing its total funding to $80 million. The funds will be used to provide liquidity for the JAM token, which rewards artists and users. The platform runs on the Hedera blockchain and makes it easy for newcomers to get started. 🎧

Startups like Royal and eMusic are also exploring blockchain in music, but large platforms like Spotify still dominate, leaving artists with only a small share of the revenue.