Tokenized Royalties

By framing LDAs dually as an economic investment and as a piece of the fan community, LDAs more fully capture the intangible, social value of art.

Of the $40 billion in annual revenue earned by the music industry, only 12% is actually paid out to artists. The remainder goes to institutional middlemen like agents, platforms, and record labels, unfairly cheating creators out of the fruits of their labor. Moreover, fans, whose engagement almost entirely drives these revenue streams, are given no... See more

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

Royal is a new platform that enables artists to crowd-fund creative projects using smart contracts that pay backers (holders of tokens called limited digital assets) with a share of the project’s earnings from royalties.