Republic Brings Music Investing to the Masses with Artists Lil Pump + KSHMR Via Security NFTs with Opulous
The new music industry is here – where fans share the royalties and artists control their music
NEW YORK, October 6, 2021 / PRNewswire / – Republic, a leading investment platform, today announced that it will begin to welcome investment opportunities in music royalties with its latest launch, Music of the Republic. The first artists supposed to be the pioneers of the movement are rap royalty small pump and the powerful DJ and producer KSHMR. These artists are brought to the Republic ecosystem by Opulous, a blockchain platform from the founders of award-winning distribution and record label company Ditto Music.
Republic will be the first investment platform to bring music investing to the general public through a combination of blockchain technology and a unique investment framework, thanks to the offering of Security NFT (S-NFT) *.
Republic and Opulous believe the music industry needs to change its tone. In a global music market of over $ 43 billion, only 12% of what is generated annually goes to the artists who drive the industry. Historically, contracts have been unfavorable to artists, they lose the rights to their own creations, and fans are only hired to stream songs and buy concert tickets. This movement is changing that. Republic is creating a new ecosystem that gives control back to artists and fans a way to participate in success. Investing in music is here.
For the first time, fans from all walks of life can invest in the music they love for as little as $ 100 and share royalty rights. Artists can raise production funds directly from their fans, while cultivating a community of enthusiasts who are inspired to broadcast and engage with music.
As the first major player to introduce this new asset class, Republic has pioneered a new framework combining blockchain technology and securities innovation, by introducing S-NFTs.
NFTs offered as a security tool create a new landscape of opportunities for creators of all kinds. Fans are turned into investors and rewarded for their support. S-NFTs are designed to provide efficient distribution of investors’ royalties directly into their digital portfolios. We hope that S-NFTs will be the key to more than just royalties: artists can offer exclusive tickets, merchandise, events, additional non-security NFT drops, and more to their community. investors.
“We are entering a new era of investing. An era that turns fans into owners,” said Pialy Aditya, Republic’s strategy director. “As the first major platform to bring music investment to the masses, we are poised to usher in a whole new way of creating, producing and royalty-sharing music by leveraging our innovative S-NFT offerings. In this new world order, the first supporters are rewarded, artists are paid and the community grows stronger. “
As part of the first wave of planned releases, small pump offers fans and investors the opportunity to be a part of his next single “Mona Lisa (feat. Soulja Boy) “, produced by Jimmy duval. “Mona Lisa” brings together two of this generation’s most influential rap superstars in one track.
The second planned release is an upcoming single from titan EDM KSHMR. Known for his hits like “Secrets” and “Burn”, KSHMR has worked with legendary artists Tiesto and Vassy and performed at Coachella, Tomorrowland and EDC.
KSHMR said, “Being proud of my music and my creativity is something that has always been important to me, so I’m thrilled to team up with Opulous to give my fans the opportunity to be a part of my music and share my journey. This new offering will radically change the way artists engage with their fans, creating a new era for fan experiences. “
Republic Music offers are down throughout October, with more artists expected to be announced throughout the month. Fans, investors and artists can find out more about republic.co / music.
Republic is a multi-asset investment platform open to all investors. The Republic ecosystem is deployed on $ 500 million in investments in more than 500 companies across one million users in 100 countries. Republic is backed by both strategic capital partners and traditional venture capital firms, including Galaxy Digital, Binance, and Passport Capital. Founded in 2016, Republic is based in New York City. For more information visit the website – http://republic.co or @ join the republic on Twitter.
* “S-NFT” or “Security-Non-Fungible Token” is a new term, developed by Republic to describe a non-fungible digital asset offered and sold as a “security” as defined by the Securities Act of 1933 and the Exchange Act of 1934 (the “Securities Act”). Blockchain technology is a growing and rapidly evolving field that is affected by securities laws as well as state, federal and international law. The Republic intends that S-NFT’s offerings be made in accordance with registration exemptions under securities laws as facilitated by members of the Republic ecosystem. S-NFTs are a work in progress and therefore Republic and each S-NFT Issuer reserve the right to requalify the digital asset. Please review the terms, conditions, and information on any S-NFT offering for any offering for a full description of their features, including, but not limited to, economic rights, fungibility, purchase restrictions and trading and the underlying technology of each proposed S-NFT. Investments in private securities are inherently risky, illiquid and subject to total loss of capital.
Pialy Aditya is an employee of OpenDeal Inc. dba Republic, she is neither an associate of OpenDeal Portal LLC nor a registered representative of OpenDeal Broker LLC. With respect to communications from an issuer to assess interest in a potential securities offering under Regulation CF exempts from the registration requirements of the Securities Act, including opportunities to “reserve” securities. securities as indications of interest for the potential offer, please note that under Crowdfunding Rule 206 (i) that no sum of money or other consideration is solicited as a result, and if it is sent in response, will not be accepted, (ii) no offer to purchase the securities can be accepted and no part of the purchase price can be received until the filing of the offer statement and only through the platform of a registered intermediary, (iii) such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given after Form C is filed, and (iv) an indication of interest is unconstrained nte and does not imply any obligation or commitment of any kind. Investments in equity securities are inherently risky and illiquid and may result in a total loss.
JMG Public Relations
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