Tokenizing Music Rights & Royalties
Innovating Music Assets Tokenization and empowering musicians through Digital Tokens.
Types of Music Asset Classes
Music Recordings
Tokenizing rights for music recordings.
Live Performances
These include performances in public places, concerts, etc.
Music Streaming
Streaming music on different platforms.
Music Production/Distribution
Producing and distributing music through CDs, downloads, etc.
Digital Downloads
Selling licensed digital music.
Benefits of Tokenizing Music Assets
Tokenization transforms Music Assets into digital tokens that are easily traded and monetized.
Enables Fractional Ownership
It allows multiple people to invest and own shares in music royalties.
Easy Liquidity
Tokenizing music rights offers easy and fast liquidity.
Reduced Transaction Costs
Tokenization reduces transaction complexities and reduces costs.
Maintain Transparency
Allows control and autonomy over music rights and empowers investors.
4 Stages of Music Tokenization
Music Right Verification
- Music right authentication
- Creating NTFs or unique IDs for music rights
- Storing the NFTs in the blockchain decentralized ledgers
Music Right Documentation
- Digitizing music copyright history
- Integrating copyright history with digital tokens
- Immutably recorded in Blockchain
Fractional Ownership
- Fractionalizing music assets into digital tokens
- Token issuance representing fractional ownerships
- Regulatory compliance protecting investor rights
Token Sale
- Creating decentralized trading platforms for digital tokens
- Enabling peer-to-peer transactions
- Facilitating price discovery and liquidity
- Post-tokenization distributing of royalty payments, allowing voting rights, etc.