Company Information

Get to know Live Undiscovered Music (L√úM)

Live Undiscovered Music (LÜM) was a social music discovery and streaming platform dedicated to emerging and independent artists. Its mission was to provide a space for artists to build a community, connect directly with fans, and monetize their music through innovative features like virtual gifting, bypassing traditional industry gatekeepers. Founded in Madison, Wisconsin, LÜM aimed to be a "SoundCloud meets Instagram" for music. Despite raising capital and building a user base, the company announced it was shutting down all operations on December 1, 2021.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency

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Live Undiscovered Music (L√úM)

United States

Founded in

22 2월 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

39/90

1 review

Provided by TrustFinance

OVERALL SCORE

Others

--/10

Reviews

39/90

1 review

Provided by TrustFinance

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.