Madison-based music streaming company LÜM (Live Undiscovered Music) announced it is shutting down for good just months after the company was relaunched using blockchain technology, according to a Wisconsin State Journalreport. The company did not provide details about the abrupt closing but indicated that details will be released within weeks. LÜM’s mobile application surpassed more than 200,000 artists with 600,000 songs across the U.S.
Related story: LÜM to relaunch using blockchain technology
