Details
Rights:
MasterType:
Participation Rights
Rights Holder:
Global Rockstar
Status:
Released
Release Date:
05/08/2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Price:
7.00 €
Break-even:
2.5 Million Streams on Spotify
Details
Rights:
MasterType:
Participation Rights
Rights Holder:
Global Rockstar
Status:
Released
Release Date:
05/08/2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Price:
7.00 €
Break-even:
2.5 Million Streams on Spotify
Description
"With 'Bonfire Hearts' I just wanted to capture the sound that shaped my early years as a child. I mean - who doesn't wish to be a child again? This feeling of freedom, lightheartedness and simple thinking was priceless. When I hear the song, I automatically think of the campfire evenings I had with my best friends. Just a beautiful memory." - OTRAY
You get
- Net Proceeds from the commercial exploitation of the master rights of the recording and the song "Bonfire Hearts" for 70 years.
- Net Proceeds master rights: All incurring revenues from the exploitation of the master rights (streams, downloads, sync rights – when used for commercials or in movies) less taxes (if applicable) and less a firm distribution fee of 25%.
- You will receive your first royalty statement from streams and downloads approx. 4 months after the release, followed by monthly statements. After that, you will be able to see your earnings on the dashboard of your account and withdraw your earnings or reinvest them in other Projects.
preview Proceeds AgreementINFORMATIONSBLATT NACH AltFGAbout OTRAY
Description
"With 'Bonfire Hearts' I just wanted to capture the sound that shaped my early years as a child. I mean - who doesn't wish to be a child again? This feeling of freedom, lightheartedness and simple thinking was priceless. When I hear the song, I automatically think of the campfire evenings I had with my best friends. Just a beautiful memory." - OTRAY
About OTRAY
You get
- Net Proceeds from the commercial exploitation of the master rights of the recording and the song "Bonfire Hearts" for 70 years.
- Net Proceeds master rights: All incurring revenues from the exploitation of the master rights (streams, downloads, sync rights – when used for commercials or in movies) less taxes (if applicable) and less a firm distribution fee of 25%.
- You will receive your first royalty statement from streams and downloads approx. 4 months after the release, followed by monthly statements. After that, you will be able to see your earnings on the dashboard of your account and withdraw your earnings or reinvest them in other Projects.
INFORMATIONSBLATT NACH AltFGDon’t miss out on investment opportunities!
“We envision a world where everyone benefits from the success of music: artists, creators, music rights owners and fans.”
Global Rockstar is a Fintech company & music rights marketplace which allows fans and retail investors to become shareholders in hit songs while offering artists and rights owners a new financing ecosystem via crowd-investing.
Fans and retail investors can purchase the rights to participate in revenues from newly created and already existing music rights, and secure the purchased rights including conjoined digital cover artwork animations as smart contracts in the blockchain. .
Disclaimer: In addition to offering a great opportunity, an investment in a song also entails risks. Nobody can know for sure if a song becomes a hit and you might not recoup your investment within the desired time frame, or in the worst case, at all. The history of music shows: While a big majority or releases do not even recoup their production costs, one becomes a huge hit. Therefore, we advise splitting your investments into several opportunities.
Investors are aware, that the concrete investments is no savings product and that they bear the risk to lose this invested money partially, in total or that they potentially do not earn a return on their investment.
Investors are also aware that the investment is not secured through a security instrument or an official deposit protection system. For further information, please read the risk notice contained in the “Informationsblatt für Anleger” (for Austrians only).
