What Is Royal?
Royal is a unique music marketplace that allows individuals to invest in music and share in the earnings from music royalties. It advocates for a future in the music industry where fans and artists jointly own music and share the financial benefits.
Background
Founded with the vision of revolutionizing the music industry, Royal empowers artists to retain their creative control and independence while being propelled by their fans. It offers a platform where artists can choose the percentage of song royalties to sell and even add extras like fan experiences, exclusive tracks, and merchandise.
How It Works
Investing in songs or albums on Royal involves purchasing a token representing a fraction of the music’s streaming rights. As an investor, you earn royalties in line with the artist and get paid when they do. Tokens are available during a drop on Royal’s website and, once purchased, will appear on your Royal dashboard. The assets may be appreciated based on factors like artist and song popularity, token demand, and extras, and you can sell your token on Royal at any time. Payouts typically occur every six months; the royalties can be claimed on your dashboard.
Key Takeaways
- Royal is a music marketplace that allows fans to invest in music and share in the earnings from music royalties.
- It allows artists to maintain creative control and independence while allowing fans to contribute financially to their success.
- Artists can choose the percentage of song royalties to sell and can offer additional perks like fan experiences, exclusive tracks, and merchandise.
- Investing involves purchasing a token representing a fraction of the music’s streaming rights, earning the holder royalties when the artist gets paid.
- Tokens can be sold anytime on Royal, and their value can be appreciated based on factors like artist and song popularity, token demand, and additional perks.
