Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Wednesday, May 21
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Tamago Raises $1M Seed Funding To Build Web3 Audio Streaming Platform
Investment & Funding

Tamago Raises $1M Seed Funding To Build Web3 Audio Streaming Platform

"The music industry suffers from an unacceptable lack of transparency in digital revenue that goes back to artists from giant streaming solutions such as Spotify,” states Tamago Co-Founder, Clarian North.
Ravi KumarBy Ravi KumarMay 25, 2022Updated:May 26, 2022No Comments5 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Tamago Raises $1M Seed Funding To Build Web3 Audio Streaming Platform
Clarian North, Co-Founder of Tamago.
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Web3 audio streaming platform Tamago has raised $1 million in its recently-concluded seed funding round.

The funding round received participation from renowned venture capital firms including, Block0, Big Brain Holdings, Daedalus, Human Guild, and Move Capital.

Tamago said in a press release shared with AlexaBlockchain that the amount raised in this round will be used to advance its ‘mission of putting money in artist’s pockets in new and innovative ways’.

Tamago reimagining the audio streaming business in Web3 era

Tamago, a decentralized streaming music platform building on NEAR, is reimagining the audio streaming business model through a mix of Web3 and NFT technology.

The platform allows musicians to receive payment for their streams in a transparent manner. Tamago revealed that its music platform has already issued over $20,000 in payouts between its events, both Metaverse and IRL, and its Top of the Charts liquidity pool which pays out monthly to artists from all over the world.

Within 3 months of its launch, Tamago now boasts over 1000 tracks, with over 700 users and 45,000 minutes of streamed material. Tamago also revealed a slew of exclusive NFTs and music releases coming to the platform this summer, including exclusive content from Felix Da Housecat, Paramida, Tiga, Deep Aztec, and Rose Bonica.

Because of the one-of-a-kind nature of the One of One material, the NFTs are provided as singles or collections of music that users may buy and upload to their profile for other users to listen to and enjoy. Tamago allows buyers to create shareable playlists that they can monetize based on the selling artist’s royalty structure.

Tamago platform is getting popular, reaching underground scenes all over the world. Wolfkop Weekender, an immersive boutique South African music festival, will be uploading their entire back catalogue of live event recordings, including NFT drops from Deep Aztec, a rising Cape Town-based DJ, producer, live act, and record label owner, and Rose Bonica, a live electronic act, music producer, and visual artist.

Tamago told AlexaBlockchain that artist participation on the platform has grown and evolved since the platform’s launch. Visionquest, Desert Hearts, Mioli, Barem’s Fun Records, Mr C, Doc Martin, Desert Hearts, Matthias Meyer, and a slew of other scene heavyweights have already on boarded as seller on the platform.

Prominent artists and labels are all set to join the platform. Montreal born DJ-producer-incipient Teutonic legend Tiga has also committed to an NFT drop this year and his Turbo Records will begin uploading their back catalog to the platform next week.

Chicago house music icon Felix Da Housecat will be releasing a full album exclusively on Tamago in October and plans to do multiple 1 of 1 NFT drops throughout the year on the platform.

Panorama Bar resident Paramida is also set to announce that she will be uploading the entire back catalog of her Love on the Rocks label. She will also be doing an exclusive NFT drop on Tamago in June. The drop will feature an unreleased track bundled with an all access guest pass to all dates on her upcoming sold out US tour.

Team Behind Tamago

The platform is led by Clarian North, an early NFT-music adopter, electronic music producer, and educator. Clarian, Co-founder of Tamago, is a key figure in the Web3 and NFT music communities.

Clarian is well-known in the crypto community for being the first artist to ever issue an NFT record, Whale Shark LP, on OpenSea on March 3rd at Midnight, defeating Kings of Leon. Since then, 85,000 developers have joined in his blockchain courses, which range from how to construct an NFT marketplace on Polygon to the full Solidity Course Zero to Expert.

Clarian is regarded as a pioneer in the realm of underground dance music, having released timeless productions on labels such as Visionquest, Kompakt, Counter, Turbo, Life And Death, and Rumors, as well as working as an engineer for Grammy winners and underground giants.

Commenting on the platform, Clarian said:

“It’s no secret that the music industry suffers from an unacceptable lack of transparency in digital revenue that goes back to artists from giant streaming solutions such as Spotify.”

“Independent artists are also suffocating from a gross oversaturation of platform advertisements and private data siphoning which fuel poorly thought-out monetization models,” Clarian said.

Tamago and NEAR

Tamago has partnered with NEAR Protocol, to become the blockchain’s official music streaming solution.

Last month, the platform successfully integrated the NEAR wallet into the app, allowing artists to charge whatever they want for downloading content ranging from tracks to limited edition edits, samples, and other exclusive items.

According to Tamago, NEAR’s low gas fee and quick transaction speeds make it the ideal blockchain for high-speed streaming.

Jeff Gold, Tamago’s co-founder and co-founder of the NearHub Metaverse, has been working closely with Clarian to deploy Tama Island, a virtual version of Tamago that offers weekly livestreams and events from artists all over the world, NFT treasure hunts and proof of attendance, and much more.

Tamago also revealed that the future version of the platform will allow users to trade, purchase, and sell their tracks and NFTs on the app and in 3D on Tama Island. Users will also be able to conduct virtual record fairs on TAMA Island, stream exclusive performances, and participate in social community events with interoperable social features.

Tamago represents a path ahead for independent musicians in the Web3 era, intertwined with the cultural tenants that have made underground music a global force.

Read Also: Subtrack Launches A New NFT Platform For Underground Music Lovers

Updates: The latest data for total number of tracks on the platform has been updated. “Tamago now boasts over 1000 tracks“. (8:48 AM; Thursday, 26 May 2022 (GMT-7))

Audio Streaming Big Brain Holdings Block0 Daedalus Human Guild Move Capital Music Music NFT NEAR Protocol Tamago
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

Antix Raises $8.2M to Launch Tokenized Digital Humans

May 14, 2025

SOL Strategies Inks $500M Deal with ATW Partners

April 23, 2025

RedotPay Raises $40M in Series A Funding Led by Lightspeed

March 17, 2025

YZi Labs Invests in Tensorplex Labs to Supercharge the Development of Decentralized AI

March 6, 2025

GamerBoom Raises $9M Funding with NVIDIA Backing to Advance AI-Powered Web3 Gaming Analytics

February 12, 2025

XMAQUINA DAO Raises $900K to Decentralize Physical AI

February 11, 2025
Add A Comment

Comments are closed.

Don't Miss

India’s Supreme Court Slams Government Inaction on Crypto Regulation

MANTRA Teams Up with WIN Investments to Bring Regulated Football Transfer Markets On-Chain

PDX Global Adds $TRUMP Token to Its Beam Payments Platform

FTX to Distribute Over $5 Billion to Creditors in Second Payout Round Starting May 30, 2025

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.