Tracks, a Web3 music streaming dApp developed by LABEL Foundation on the BNB Chain, has launched on LG Smart TVs running webOS 22 and webOS 23 worldwide.
This is the first time a Web3 music app has been integrated into an LG smart TV platform, offering a new way for users to enjoy music streaming.
The app provides a captivating experience by featuring high-quality music and stylish artwork, appealing to millennials and fitting into their daily lives.
Tracks web3 music streaming app debuted in July and quickly gained popularity, attracting over 150,000 users and 10,000 daily active users, mainly among millennials while receiving investments from top-tier funds in 2022.
Tracks web3 music streaming app stands out from traditional content provider-centric music services by focusing on the user’s needs.
The app also has a sustainable revenue model and aligns with the growing trend of Free Ad-Supported TV, aiming to enhance its revenue strategy in this area.
“The commencement of our partnership with LG Electronics marks a significant milestone for the music industry, signifying the seamless integration of Web3 technology into the heart of entertainment — the living room.
This collaboration not only propels us into an era of enhanced music streaming but also sets the stage for accelerated innovation in the realm of decentralized music applications.
We anticipate a bright future of collaboration and technological advancements as we redefine the way the world experiences music.” — Hyungsoon Choi, Chief Strategy Officer of Label Foundation.
The LG partnership elevates Tracks to a whole new level. Millions of LG Smart TV owners can now access this vast music library with just a few clicks.
Whether you’re unwinding after a long day or preparing for an epic dance party, your perfect soundtrack is just a tap away.
And the icing on the cake? Thanks to LG’s Free Ad-Supported TV model, you can enjoy it all for free.
By partnering with LG, Tracks expands its presence into users’ lives across different devices, aiming to overcome the limitations of paid streaming and make music access universal.
Tracks is on its way to becoming the best free leading music streaming platform for Web3 services in 2024.