<aside> 🌐 Tuniver is a music-centric platform that enriches the relationship between artists, fans and investors like never before.

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Tuniver’s Information

Abstract

The music industry is constantly evolving with the advancement of technology, the way fans approach music is also changing, from physical formats (Vinyl, CD, Cassette, ...) to online music platforms (Youtube, Spotify, Apple Music,...). With the development of blockchain technology, NFT music platforms like Tuniver were born, connecting artists and fans in a new and cohesive way.

Due to the centralized nature of the existing music industry, there is limited accessibility for people who want to invest in music products and directly support their favorite artists. Meanwhile, the NFT business has solely relied on the subjective perception of values, making NFTs lacking real-world value.

Given that backdrop, Tuniver's smart contract and future-proof blockchain technology offers a solution to the concerns listed above.

• While retaining the right ownership of their music project, artists will also offer a certain portion of the song revenue via Tuniver NFT Launch. The artists can get direct funding from communities and share success with their fans.
• After the track is released, NFT owners will receive a monthly share of revenue generated from the track, automatically. They also have the right to either hold the NFT to receive future revenue or sell on the marketplace for instant profit, while the artists receive a percentage of every transaction as a source of revenue in addition to their NFT sale.

About

• Tuniver is creating a world where anyone can buy ownership of music directly from curated artists that make that music. When fans and investors own it, they are more incentivized to distribute it and be a tastemaker and share it.
• The Tuniver Platform will distribute this ownership and many other real-life perks to individual investors, from fans to NFT collectors, and the artists will get a chance to directly receive support from their most passionate fans. Tuniver NFT connects artists with fans and investors in a new but effective way, opening a new direction for the music industry in Vietnam and the world.
• Fans and investors will not only be able to invest in but also own rights to songs and albums through limited edition, autographed digital assets recorded.

Music NFT From Tuniver

• Tuniver blockchain introduced the concept of tokenization via NFT but not until the users are incentivized to support artists, fan tokens or fan NFT will not have much utility.
• NFT music from Tuniver offers a different approach for fans and investors. All they need to do is to support their artists every month, artists/labels will share the previously confirmed % of revenue to Tuniver, which will later be distributed to NFT holders through the smart contract.