ChainCatcher news, according to Tech Funding News, the Web3 music creator platform SphereTrax has completed a £250,000 (approximately $306,800) funding round led by Jenson Funding Partners to support its mission of giving creators control over their music. This funding will be used to expand the SphereTrax team.It is reported that SphereTrax, leveraging blockchain technology, allows creators to retain up to 75% of royalties, using Bitcoin SV to support instant payments. SphereTrax is expected to launch on April 1, with over 10,000 tracks available and open for composer applications. (source link)