The music business is plagued by a paradox. it’s quick to change in the face of new media and tech, but tough to crack in terms of power structures. though streaming has saved the radio star and has turned into a billion-dollar industry, the revenue from streaming does not benefit the overwhelming majority of creators, reinforcing the unfair power structures that have long been part of the recording business. in other words, if streaming music was a country, its income inequality would be one of the highest on the planet.
We are creating an open market for music rights. We believe that a vibrant collective of music-loving rightsholders will increase the value of music. Up-and-coming artists could then receive support and funding early on without predatory label deals - and established creators could share their most appreciated songs with people who love them and reinvest in new creations. Starting off with music rights, we see a future where we can leverage web3 to further support creators (of all sorts) with new solutions, and support projects that share our vision to benefit creators.
By creating an authentic community around music ownership we will—day by day, quarter by quarter, and year by year—create a connection between artists, fans, and the music they love that is closer than ever before. The anotherblock community is here to help members access music ownership, discover new music, and navigate the world of music NFTs in general.
anotherblock allows you to become a co-owner of major tracks. top-tier creators sell parts of their royalties to music lovers like you and me.
MVP LAUNCH
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2024 +
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