How to find the latest trends in Web3? Web3Caff Research will carefully select the latest publicly disclosed Web3 financing projects for you, and interpret and comment on them. See the essence through the phenomenon - follow us now to smell the market trends.
Author: Shirley Li , Researcher at Web3Caff Research
Cover: Logo by this project, Photo by Erik Mclean on Unsplash , Typography by Web3Caff Research
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On September 12, according to Cointelegraph , Hedera-based Web3 music platform Tune.FM completed US$50 million in financing, with Global Emerging Markets participating in the investment.
Copyright protection and creator income distribution in traditional artworks, fine arts, content, music and other industries have long been a problem. With the development of the Web3 creator economy and IP (intellectual property) track, people are beginning to hope that decentralized technology can solve these long-standing problems. Tune.FM, which announced its financing this time, is an explorer in this field. It is committed to building a Web3 music platform in an attempt to promote the innovation and rise of the global music industry.
