Categories: ENTERTAINMENT

Music royalties go to market in Web3 – QuiFinanza

In the last few years the music industry has attracted a large number of investors with solutions like Notes Music which allows anyone to participate in fractional ownership music fees.

In fact, by buying fractional shares, investors have the opportunity to receive passive income thanks to regularly distributed royalties. At the same time, music rights holders retain 100% control over the management of the catalog. Thus, ANote Music has managed to bridge the gap between the traditional financial markets and the music industry.

Experience TrustSwap in blockchains and its global presence now supports ANote Music in Web3 strategy. Thus was born the loyalty program called “Backstage pass”, based on the $ANOTE token and available exclusively in the TrustSwap community. A partnership to create synergy between decentralized finance and the music industry, revolutionizing the music royalties sector and allowing music creators to monetize their work while maintaining creative control.

Since its launch in 2020, ANote Music has attracted over 25,000 music lovers and investors with its wide selection of music catalogs featuring songs from artists such as Justin Bieber, Beyoncé, Martin Garrix, Avicii, Britney Spears. Many services such asANote Backstage Passbased on the $ANOTE utility token that gives community members amazing benefits such as refunds for streaming subscriptions and concert tickets, discounts and early access to auctions.

New horizons for those who want to invest in music

“Behind the scenes of concerts, the best deals are usually made and the best relationships are built. We want to bring just such an experience to our platform with the introduction of the ANote Backstage Pass. We chose to partner with TrustSwap because we believe their Web3 expertise will enable us to enter this new space, giving our clients all the benefits this new partnership has to offer. We are very pleased to have them as partners as we share their values ​​and intention to make the music industry more and more transparent and to democratize the music royalty market: we are convinced that this closeness will always lead us to achieve new goals. ”, explained Marzio Shena, CEO and co-founder of ANote Music.

“The music industry is rapidly changing and preparing to enter a new era and we are thrilled to be part of this evolution with ANote,” added Ivan Anastasov, COO of TrustSwap. Our goal is to maximize income for music lovers in the community and provide them with an increasingly secure and efficient platform.”

epochal change

In the past, the music industry has been particularly introverted and limited to a hand-picked group of “insiders”. Owning and trading music catalogs has always prevented wider participation due to complex management processes and market inefficiencies. As a result, even successful artists often felt undervalued, leading to difficult decisions regarding creative control and finances.

Democratize access to royalties music catalogs was a huge step forward, primarily thanks to the ANote music platform, which successfully coped with this task. In this way, music rights holders were able to auction off a portion of their past royalties on their own terms, always retaining full creative control, but above all, ensuring a fair assessment of the market and complete freedom of direction and creativity. Progress is also made thanks to the support of the ANote team of professionals, which includes numbers such as Matthew Knowles

Beyoncé’s father, e Charles Antonelli.

Content provided to you by ANote.

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