Tune Token

Web-site

Tune Company is a software development and management company primarily focused on creating blockchain based technology, smart contract design and digital tokenized applications. Tune’s primary mission is to solve digital songwriter rights and royalty transparency issues for the music industry. 

Project Description:

The TUNE Platform is an evolving ecosystem that seeks to apply current technology  and leverage the innovation it offers. Current plans call for RecordGram to be the first  DApp to use the Tune Platform, potentially providing application for several  on and offchain solutions to accommodate shifting demands both internally and within the market.  The Tokens will be used as a method of exchange to all stakeholders across the Tune Platform, initially within RecordGram, and in the future possibly with  other integrated DApps to further add growth to the community. 

Current Version can be downloaded RecordGram from the App Store or Google Play Store. Users are able to unlock beats, create songs & videos and share their content. All of this could be done using fiat currency.

Future Version can be once blockchain technology has been implemented, users will be able to convert their TUNE Tokens into Recordgram Credits. Then use the RecordGram Credits to unlock beats, tip artists, etc. Royalty Payments will be paid using TUNE Tokens. All user generated content will be place on the blockchain and can be transparently tracked.

Whilst the Tune Platform may initially use Filecoin  for decentralized  storage, the team is considering whether the InterPlanetary File System (IPFS) would be  a better  alternative. IPFS is a peer-to-peer network connecting remote servers in a single global decentralized storage platform. A significant amount of storage capacity will be required to store all the compositions in a decentralized manner and this can be achieved through IPFS. Tune believes IPFS solves several problems: 1. Eliminates the need of having a central server for content hosting and streaming 2.Download speed  is not limited by the remote server bandwidth channel 3.Simultaneous download from multiple nodes 4. Solve content addressing and content signing security issues 5.DDOS attacks are inefficient Long Term R&D. 

For DApp architecture will planed to use MongoDB,  Hyperledger Full Node  and Node.js  running with Docker Swarm, allowing the project to scale easily and dynamically.  All DApps  and other platform  integrations will be  required  to  accept  and utilize  the Tokens. Tokens eventually  will be exchangeable  on the platform for TUNC, the Tune platform’s internal currency. Producers uploading beats will have the ability to sell or lease them for a certain price established in TUNC to an unlimited number of users. The price, payable in  TUNC, to  unlock a beat and  the rights associated  with it will  be  executed through TUNE  Smart  Contract  logic  that will ensure that all  producers,  regardless of their professional accomplishments, will be treated equally. The  Token  is being designed as an ERC- 20 utility  token  on the Ethereum blockchain to be used on the Tune Platform.

Token:

The name of the token is TUNE. Payment options are ETH, BTC. Soft Cap is $10M. Hard Cap is $40M. Token Contract Address is TBA. Private Sale in March 9th and Crowdsale in April 3rd (dates subject to change). Wallet Airdrops of the Tokens for existing Re-cordGram application users will be distribut-ed after the Token Launch. Tokens will be distributed via TUNE Smart Contracts. Private and Pre-Sale is targeting $30M. Public Sale is targeting $10m ($0.38 cents/Token). 

The Tokens grant a participant access to the TUNE Platform. Advertisers will contribute Tokens in exchange for advertising, and such Tokens will be distributed to stakeholders after their conversion to TUNC from the token pool. Stakeholders will engage with one another using TUNC which will be convertible to Tokens on the TUNE Platform. Tokens can be transferred outside the TUNE Platform to any ERC-20 compatible  wallet.  The proposed transferee will need to complete Tune's KYC and AML procedures to its satisfaction.

One Billion TUNE Tokens will be allocated in the following way: 40% - token sale, 25% - community rewards, 20% - management team, 15% - strategic partnership, 5% - investors /advisors. 

Data:

Community partners are BlockChain beach, BlockTeam, CryptoCouncil, Bushido Lab, Present your startup, Project Music, Gitex Future Stars , Meetup, Bloktalks, Crypto Summit. Whitepaper is available for download in English, China and Hindu. As of May 31, 2018 in telegram – 6995 followers and twitter - 198. There is on reddit and medium. There is a YouTube channel called RecordGram Stage (56 subscribers).

Roadmap:

In 2016 was development 1 of 6 companies accepted for the Project Music accelerator, completed project music accelerator, beta version RG released in iOS store, first place at the YPO Global Networking Summit, 1 of 36 companies selected to appear on Apple music original content show Planet of the Apps. In 2017 was development of a Final taping of Planet of the Apps, close seed round with Lightspeed Venture Partners, New World Angels (NWA), Monique Mosley, Won TechCrunch Disrupt NYC1, Started developing whitepaper and Blockchain integration. In 2018 was released Android version, launch tunetoken.io, published whitepaper and conduct Pre-sale TDE and will planed in 2018 add additional Partners to Ecosystem, open the TUNE  Platform source  code and begin community development.

Team:

The team has 3 CoFounders. Erik Mendelson is CEO and CoFounder, as an Executive Music Producer and artist manager. Erik has signed, managed, and  developed 3 platinum recording artists, generating over $20 million in gross revenue under his direction. Shawn Mims is co-founder and creative Direc-tor & Celebrity,  MIMS is a  multiplatinum  recording  artist,  Grammy award winning writer, weall-known for his global #1 single This  Is  Why  I’m Hot,  and engineer who has  generated over $16 million  in gross revenue for EMI/Capitol Records. Winston Thomas is co-founder and product Manager Winston. Thomas is a Grammy Award Winning music producer and international DJ who has produced over 30 commercial records including a recent #1 single in India and previous #1 global record.

The team has 8 music business advisors. Monique Mosley is globally recognized   entertain-ment executive, Angel investor with Reign Venture Capital - One of Gotham  Magazine’s Powerful 100 names to know. Brian Zisk is creator  of the Future  of Money  & Technology Summit, Creator of San Fran Music Tech Summit, and Partner at SF Music Tech Fund. Cameo Carlsonis President  mtheory;  Previously:  Head of Digital Biz Development/Borman  Entertainment, Executive  Vice President at Universal  Records, Label Relations & Music Programming Manager for Apple. Samantha Saturn is President Digital Marketing Agency;  CMO comiXology  (a division  of  Amazon.com), Senior Vice President Digital Marketing for Columbia Records. Chris Sloan ESQ is Chair  Emerging  Companies  at  Baker Donelson. Ryder Lee is independent   law  practice   with  emphasis   in  Entertainment & Media,  Intellectual Property,  and Emerging Businesses/Entrepre-neurial Ventures. Bill Brennan is Serial Entrepreneur, Mentor, Angel Investor, Speaker Mr. Brennan has  30+ years  business   experience as a founder and/or co-founder of 10+ start-ups. Beth Raebeck Hall is Grammy nominated singer/son-gwriter with over 20 years in the Music Business.

Also the team has 5 blockchain / technology Advisors. Shariar Sikder is RecordGram  CTO.  Technology  expert and International  Business enthusiast. Gary Manheimer is New World Angels.  Seasoned  business executive and serial entrepreneur with over 25 years experience. Consultant and Entrepreneur. Justin Wu is Information  Architect, Token Advisor and Growth Marketer for Blockchain companies.  Sam Abbassi is Blockchain architect  and  engineer,  token economics  analyst,  ethereum  and hyperledger developer. Christopher Arguello is blockchain   engineer, ethereum and hyperledger developer, dApp architect.