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Tezos-based NFT Music Streaming And Licensing Platform Radion FM Is Open For Registrations And Enables Basic Features

The Tezos-based NFT music streaming and MP3 platform Radion FM is open for registrations and has enabled basic features. Users have already minted the first audio files using the website.

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Introduction

For an introduction to Radion FM, read this article (really recommend if you never heard about Radion FM before). Tldr; RadionFM aims to cut out the middle man in the music industry by enabling musicians to mint MP3’s on the Tezos blockchain with exclusive rights and music licensing.

Now music can be sold directly to the listener without the need of a third party: licensing and selling music is now registered directly on the Tezos blockchain. This makes the need for a third party unnecessary. Anyone can now be an independent artist.

Radion FM

Radion FM has been in development for a while now, starting out on Ethereum and making the switch to Tezos over a year ago. In February this year, an important milestone was reached: the minting of the first MP3 NFT on Tezos with exclusive rights and music licensing.

Today, the user interface is opened to the public with some of the first basic features available. Users can now register their account and connect their Tezos wallet. Musicians can now upload MP3s for streaming and create licensed NFT’s. Users can now also download music and pay with $XTZ.

Besides a place to discover new music, Radion FM will also be a place of financial interest for both parties. An interesting part of the new user interface is the Vote Room and NFT Marketplace.

This is where financial chances lay for both musicians and non-musicians. Music can be promoted there and up-voted. Additionally, people can invest in music in the marketplace. More about the economics of this part of the platform will be announced in a later phase development.

And yes, there will be a token: $RADIO. Stay tuned.

Here’s a tutorial of how to create NFT Music in RADION FM:

https://youtube.com/watch?v=U_Pczl-gZ1U%3Ffeature%3Doembed

Audio Minting Is Taking Place

Audio minting is already taking place on the platform, as musicians start to create their own music NFTs:

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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