We embarked on this mission to create a global independent music marketplace for artists to collaborate, share their music, and connect directly to their fans. Our goal is to democratize access to music and level the playing field for artists around the world. Today, hearo.fm is a thriving music marketplace where you can discover great independent music from all around the world. The Hearo.fm JAM Token is a Hedera Hashgraph powered music token to enable a global decentralized music streaming marketplace platform for artists and fans. We will utilize the JAM token to created a fully tokenized music economy that allows for micropayments directly between artists and fans for streaming and curating music.
With the emergence of new forms of distributed ledger technology (DLT), notably Hedera Hashgraph, hearo.fm will be able to create new opportunities for artist growth, which were previously impossible. The JAM Token will be a Hedera Hashgraph-based token for music to power a global artist & fan marketplace. We have designed this token to solve the existing issues with fiat currency and blockchain technology for music micropayments. In order to handle seamless borderless micropayments, the platform needs high throughput, low latency, low fees, and a bank-grade secure consensus protocol. Hedera Hashgraph will be able to meet those needs, featuring hundreds of thousands of Tx/s per shard, low fees, and an asynchronous Byzantine Fault Tolerant (aBFT) virtual voting Proof of Stake (PoS) consensus protocol. Thus the Hedera Hashgraph public network will be able to power a consumer music platform token at scale with millions of concurrent users. Also, Hedera Hashgraph will support smart contracts written in Solidity which means existing Solidity smart contracts will run without any changes required. Therefore, Hedera Hashgraph will be able to support ERC20 standard tokens, as well as all the open source software frameworks and tools like Remix and Truffle; frequently used in smart contract development.
Attention. There is a risk that unverified members are not actually members of the team
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