In a move that has sent shockwaves through the music streaming industry, rap legend Snoop Dogg has officially partnered with Tune.FM, a decentralized music platform built on the Hedera network. The collaboration, announced on February 27, 2025, aims to revolutionize how artists get paid. And boy, do they need it.
Snoop’s frustration with traditional streaming platforms is no secret. He reportedly earned less than $45,000 from a billion streams on Spotify. A billion. Let that sink in. The math doesn’t add up, and artists are fed up.
A billion streams and less than $45K to show for it. No wonder artists are revolting.
Tune.FM offers something different – a Web3 platform that promises up to 100x higher revenue for artists compared to industry giants like Spotify. It’s built on the Hedera network and uses blockchain technology for transparency and fair compensation. Artists get paid instantly based on actual streaming time. No more waiting months for pennies.
The market responded enthusiastically. The HBAR token, Hedera’s native cryptocurrency, surged 10.9% in just 24 hours, reaching $0.262. Weekly gains exceeded 15% with trading volume spiking 55%. The positive momentum is further supported by a net flow of $7.68 million indicating strong investor confidence. HBAR now sits at 11th place by market cap at a cool $10.3 billion. Not too shabby.
But that’s nothing compared to Tune.FM’s JAM token, which skyrocketed a whopping 222% following the announcement. Investors are clearly betting big on this disruption.
Analysts are already predicting HBAR could rally to $0.40 by early March. Unlike typical cryptocurrencies, HBAR functions similarly to fiat cryptocurrencies with its stable value and lower environmental impact. The partnership signals a potential shift in how the entire music industry operates. Traditional platforms might finally be forced to reconsider their stingy payment models.
Snoop’s move could trigger an exodus of high-profile artists to blockchain-based platforms. He’s not just releasing music – he’s making a statement. The days of artists getting crumbs while platforms feast on their work might be numbered.
The Web3 revolution in music isn’t coming – it’s already here. And it’s wearing a Dogg collar. Snoop has also released an exclusive single titled “Spaceship Party” as part of this groundbreaking partnership.
