Bob Dylan’s Secret Archive (Published 2016)
In 1997, David Bowie wanted a liquidity event. Instead of steadily receiving royalties from his 25-album music catalog throughout the next decade, Bowie decided he’d rather receive a lump-sum payment. This led to Bowie Bonds: a set of bonds backed by the royalties from Bowie’s music catalog. Notably, Bowie wasn’t selling his music indefinitely. The... See more
Alana Levin • Bowie Bonds as Early Creator Tokens
sari added
On the one hand, the current market price implied that Sam’s Solana stash was worth maybe $12 billion; on the other hand, Sam owned roughly 10 percent of all the Solana in the world. It was hard to know what anyone would pay for it if Sam tried to sell it all. Forbes pretty much just ignored Sam’s Solana holdings, along with most of the rest of the
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
The project is currently securing partnerships with a number of undisclosed high-profile artists, and plans to let fans begin backing music productions in October. After building and validating a product around music ownership, the team plans to expand their approach to other royalty-generating assets––both digital (TV licensing, YouTube content cr... See more
Paul Veradittakit • Tokenized Royalties
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She’d come onto the screen and announce that she had found $200 million here, or $400 million there, as if she’d just made an original scientific discovery. Some guy at Deltec, their bank in the Bahamas, messaged Ramnik to say, Oh, by the way, you have $300 million with us. And it came as a total surprise to all of them! Eventually Ramnik gathered
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
For the stake he’d paid $80 million to acquire, CZ demanded $2.2 billion. Sam agreed to pay it.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Even if it wasn’t, Solana’s story was good enough that other people might see it that way and drive up the price of its token. Eighteen months later, Alameda owned roughly 15 percent of all Solana tokens, most purchased at twenty-five cents apiece. The market price of Solana had gone as high as $249, a thousand-times increase on what Sam had paid f
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