![Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk](https://btcusa.com/wp-content/uploads/2024/01/Hedera-Based-TuneFM-Raises-20M-for-Artist-Friendly-Web3-Music-Platform-678x381.jpg)
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“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.”
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