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Details
Rights:
Master, PublishingType:
Participation Rights
Rights Holder:
Global Rockstar
Status:
Released
Release Date:
03/06/2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Price:
14.00 €
Break-even:
5 Million Streams on Spotify
Details
Rights:
Master, PublishingType:
Participation Rights
Rights Holder:
Global Rockstar
Status:
Released
Release Date:
03/06/2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Price:
14.00 €
Break-even:
5 Million Streams on Spotify
Description
After releasing "I've Got A Tatto" end of March 2022 which has already gained more than 260k streams on Spotify alone, Mitchy Katawazi is back and this time he has teamed up with Ercobel & Dos Salarda for their new party banger “Mahal Na Kita / I love you (with Ercobel & Dos Salarda)”.
Mitchy and his brother André often sing on board of the "MeinSchiff" cruise ships on which also this song was created. On board this ship they met Ercobel and Torsten, who were also musicians on board. In the small artist rehearsal room they sat down together at the piano and from this jam session the song "Mahal Na Kita / I Love You" was created. The special thing about the song is the mixture of Filipino and English. Ercobel and Justin, who later sang a rap part on the song, come from the Philippines and therefore have the summer vibes in their blood. This song is perfect to enjoy the sun and just relax.
Mitchy will promote this song with his huge social media following on “TikTok” & “Instagram” and we already presented this song to curators of big playlists on Spotify.
Planned release: June 2022
Current state: Master
Investment: Keep-it-all
Your share: starting from €14 for 1 Music NFT
Music NFT: ERC1155
Earn from: Streams & Radio
Break-even: approximately 5 Million streams on Spotify
You get
- Net Proceeds from the commercial exploitation of the master rights and publishing rights of the recording and the song ''Mahal Na Kita / I love you (with Ercobel & Dos Salarda)" 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%.
- Net Proceeds publishing rights: All incurring revenues from the exploitation of the publishing rights (from the publisher’s share from radio plays, live performances and sync rights) less taxes (if applicable) and less a firm handling fee of 10%.
- You will receive your first proceed 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.
- Revenues from publishing rights will be distributed after our receipt from the collecting societies of the different countries where the track is played on radios and TV. Please note that the collection of these revenues might take up to 1,5 years from the time that the track is played on the radio.
preview Proceeds AgreementINFORMATIONSBLATT NACH AltFGAbout Mitchy Katawazi
Description
After releasing "I've Got A Tatto" end of March 2022 which has already gained more than 260k streams on Spotify alone, Mitchy Katawazi is back and this time he has teamed up with Ercobel & Dos Salarda for their new party banger “Mahal Na Kita / I love you (with Ercobel & Dos Salarda)”.
Mitchy and his brother André often sing on board of the "MeinSchiff" cruise ships on which also this song was created. On board this ship they met Ercobel and Torsten, who were also musicians on board. In the small artist rehearsal room they sat down together at the piano and from this jam session the song "Mahal Na Kita / I Love You" was created. The special thing about the song is the mixture of Filipino and English. Ercobel and Justin, who later sang a rap part on the song, come from the Philippines and therefore have the summer vibes in their blood. This song is perfect to enjoy the sun and just relax.
Mitchy will promote this song with his huge social media following on “TikTok” & “Instagram” and we already presented this song to curators of big playlists on Spotify.
Planned release: June 2022
Current state: Master
Investment: Keep-it-all
Your share: starting from €14 for 1 Music NFT
Music NFT: ERC1155
Earn from: Streams & Radio
Break-even: approximately 5 Million streams on Spotify
About Mitchy Katawazi
You get
- Net Proceeds from the commercial exploitation of the master rights and publishing rights of the recording and the song ''Mahal Na Kita / I love you (with Ercobel & Dos Salarda)" 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%.
- Net Proceeds publishing rights: All incurring revenues from the exploitation of the publishing rights (from the publisher’s share from radio plays, live performances and sync rights) less taxes (if applicable) and less a firm handling fee of 10%.
- You will receive your first proceed 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.
- Revenues from publishing rights will be distributed after our receipt from the collecting societies of the different countries where the track is played on radios and TV. Please note that the collection of these revenues might take up to 1,5 years from the time that the track is played on the radio.
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).
