HIO Music has announced its second fundraising round on Fjord Foundry to solidify its financial foundation before its full-scale launch. The funds raised will be used to scale operations, enhance user experience, and develop innovative features such as staking, payments, and an AI-powered music discovery engine. HIO Music aims to revolutionize the music industry by combining blockchain transparency with user-focused innovation, creating a sustainable model for both creators and listeners. The platform currently features over six million licensed songs and plans to expand its music catalog to 100 million songs by late 2025. HIO Music also offers tools for artists to interact with fans and monetize their work, including an artist-driven social feed, NFT-based ticketing systems, and an advertising suite. The platform is built on Solana and delivers 100% of subscription revenue directly to rights holders, ensuring fair earnings for artists and labels. HIO Music incentivizes its community through weekly quests that reward users with $HIO token airdrops, encouraging active participation and engagement between artists and fans.
- Content Editor ( thenewscrypto.com )
- 2024-12-06
HIO Music Team Shares Its Vision for Decentralized Streaming, Launches 2nd Launchpad Raise on Fjord Foundry