TuneGONFT â¢ Creates Revolutionary Platform to Secure Music and Digital Media, Protect Creative Rights and Collect Royalties
TuneGO, Inc. selected Flow to launch TuneGONFT, a next-generation non-fungible token (NFT) marketplace for the creative community, powered by the patented TuneGO Vault â¢.
The one-of-a-kind solution allows artists to secure their content, protect their creative rights, create NFTs, distribute their music on streaming platforms, monetize their music on social media, and license their content for broadcast. television, movies and video games. – all on a unified platform.
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âWe are passionately committed to the creative community. The patented TuneGO Vault is the world’s most robust platform for content security and creative rights protection, âsaid John kohl, co-founder and CEO of TuneGO. âThe Flow blockchain is the world’s first blockchain for NFTs. We believe that no one can match the seamless integration of our platform across the entire music, art and entertainment supply chain.
TuneGONFT, accessible on mobile devices and desktops, is built on the Flow blockchain and has been fully integrated with the patented TuneGO vault. The enhanced TuneGO Vault for NFTs, launched earlier this year, creates a permanent digital record of the entire creative process before an NFT is struck, ensuring the highest possible level of transparency of creative rights and copyright. protection against copying and piracy, as well as increasing the value of the NFT for collectors.
Using TuneGONFT, NFT buyers and collectors can gain private and secure access to the patented TuneGO Vault after purchasing an NFT, where they can view the original creative rights, as well as access, view and download all digital files included on the NFT.
âThe combination of the patented TuneGO Vault vault with the Flow blockchain provides NFT creators and collectors with a simplified and transparent platform for the transfer of NFT property rights,â said Alison ball, President of TuneGO. âThe entire NFT transaction history is secure on-chain with Flow and off-chain with TuneGO, which creates the world’s most transparent and secure platform for NFT creator and collector rights management. We are incredibly proud to transform the music industry and the creative world for the better in this way. “
One of the breakthrough and groundbreaking features of TuneGONFT is Creator Breakdown, which tracks revenue distributions from NFT sales, as well as recording and publishing distributions of music associated with NFTs. TuneGONFT provides musical artists and the creative community with the ultimate solution to manage song shares, as well as NFT revenue shares, ensuring maximum transparency for revenue and royalty collection, as well as fair and equitable payments to the community. creative community.
âBlockchain is reshaping the way people use and interact with our digital world,â said Mickey maher, Head of Flow Partnerships, Dapper Labs. âOur partnership with TuneGO enables the creative community to leverage blockchain to transform the way they and their audiences create and consume content, while protecting what they own and market.
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Additional features of TuneGONFT include:
- Consensus on the ownership of creative rights: The average hit song today has over 4 songwriters and 6 publishers, and as a result, there are at least 10 creative rights holders for each individual song. The patented TuneGO Vault requires all copyright owners, songwriters and publishers to review and approve creative rights before the NFT is minted, ensuring that artists’ creative rights are protected, which prevents disputes relating to royalties.
- Environmentally safe and energy efficient technology: Flow is a proof-of-stake blockchain that consumes thousands of times less power than Ethereum and other traditional proof-of-work blockchains. This makes TuneGONFT one of the most advanced and environmentally friendly technological solutions for content security, protection of creative rights and fair collection of royalties.
- An end-to-end ecosystem for content creation and distribution: All TuneGO users, even those who do not use NFTs, can secure their content and protect their creative rights in the patented TuneGO vault; distribute music on major streaming platforms (such as Spotify, Apple and Amazon); monetize music and artwork on social media platforms (such as TikTok, YouTube, Instagram and Facebook); and authorize music and illustrations for feature films, TV projects and video games, all on a unified platform.
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