Details
Rights:
Master RightsType:
Participation Rights
Rights Holder:
Christian Engel
Status:
Master
Release Date:
03/05/2024
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Price:
4.00 €
Break-even:
1.8 Million Streams
Description
"The song is about a woman who dreams of the love of her life. She is drowning under the feelings of not getting her love. She dreams of her feelings at night and can't get rid of the thought of returning his love." - VEME
Be part of the journey with VEME and claim your stake in their upcoming release "Slo-Mo". Hailing from Cologne, Germany, the duo, comprising musicians Lennart and Chris, has been making waves with their unique blend of electronic beats and melodic techno. With roots tracing back to their early childhoods, where they honed their skills as drummers, Lennart and Chris embarked on their musical production journey. Their passion began as a hobby, initially focusing on crafting hip-hop beats before delving into the electronic music genre.
About VEME
You get
- Net Proceeds from the commercial exploitation of the master rights of the recording and the song "Slo-Mo" 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 15%.
- 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.
Don’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).