Anotherblock provides a platform for the buying and selling of music rights, utilizing an open standard for valuations and royalty management to enhance transparency and liquidity in this asset class. By connecting rightsholders with a global network of investors, the company addresses the lack of accessible investment opportunities in music rights, facilitating stable returns for investors while prioritizing the needs of creators.
Funding
$8.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investing in music royalties is traditionally opaque and illiquid, limiting access for both rightsholders seeking capital and investors looking for alternative assets. Existing valuation methods lack standardization, hindering price discovery and efficient trading of music rights.
Solution
Anotherblock provides a platform for buying and selling fractional ownership of music rights, creating a more transparent and liquid market. The platform connects rightsholders with a global network of investors, enabling rightsholders to unlock capital and investors to diversify their portfolios with uncorrelated assets. By establishing an open standard for valuations and royalty management, Anotherblock aims to facilitate stable returns for investors while prioritizing the needs of creators.
Target Audience
The primary target audience includes music rightsholders seeking capital and investors interested in alternative assets with uncorrelated returns.
Features
- Platform for fractionalized investment in music royalties
- Open standard for music rights valuation and royalty management
- Global network connecting rightsholders and investors
- Due diligence and legal framework for music rights transactions
- Royalty distribution and reporting tools for investors
- Secure platform for managing music rights assets