Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform

“The problem with today’s major streaming platforms is that large corporations reap the lion’s share of the profits, leaving artists with a small piece of the pie,” Tune.FM said in an emailed announcement shared with CoinDesk. “Tune.FM wants to shake up the current standard by offering artists up to 90% of their streaming revenue.”