biddz connects music fans and artists by offering fans the ability to acquire revenue shares in music tracks through digital assets called biddz Shares. This platform also facilitates unique artist experiences through ticketed events known as biddz Moments, providing fans with exclusive access and collectibles. The service aims to offer artists transparent monetization methods while ensuring fans directly support and benefit from their favorite music and events.
Funding
$4.8M 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
In the music industry, fans often lack direct ways to financially support artists and participate in their success beyond simply streaming their music. Traditional models offer limited transparency regarding revenue distribution and community engagement, leaving fans disconnected from the artists they admire.
Solution
Biddz is a platform that enables fans to invest in their favorite artists by purchasing revenue shares in their songs, fostering a direct connection and shared financial interest. Through the Biddz platform, fans can acquire "biddzShares," which represent a portion of the streaming royalties generated by a specific song. Additionally, Biddz offers "biddzMoments," providing access to exclusive live music events and experiences, further strengthening the artist-fan relationship. The platform provides a dashboard where fans can track the performance of their investments and receive monthly royalty payouts directly to their bank accounts. By creating a community-driven ecosystem, Biddz aims to provide artists with fairer and more transparent revenue streams while offering fans unique opportunities to support and engage with their favorite musicians.
Target Audience
Biddz primarily targets music fans who want to directly support their favorite artists and participate in their success, as well as artists seeking alternative funding and community engagement models.
Features
- Revenue sharing: Fans can purchase biddzShares, representing a fraction of a song's streaming revenue.
- Exclusive events: biddzMoments provide access to unique artist experiences like live shows and listening parties.
- Digital collectibles: Each biddzShare purchase generates a unique biddzCard, a digital collectible representing the fan's support.
- Royalty payouts: Fans receive monthly payouts of their share of streaming revenues directly to their bank account.
- Performance tracking: A dashboard allows fans to monitor the streaming performance of the songs they've invested in.
- Community features: biddzMoments holders gain access to exclusive content and community features.
- Mobile app: Dedicated iOS and Android apps for purchasing shares and accessing events.