sonGain is a platform that enables private investors to purchase future royalties from emerging musical artists, utilizing NFATs (Non-Fungible Artist Titles) backed by the revenue generated from their music. This approach provides artists with essential funding and professional support while offering investors potential annual returns of up to 30% based on the artists' success.
Funding
$2K 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
Emerging musical artists often struggle to secure adequate funding and professional support to advance their careers. Traditional funding models may not be accessible or favorable, hindering their ability to create and distribute their music effectively. Private investors lack a direct and transparent way to support these artists and benefit from their success.
Solution
sonGain provides a platform that connects private investors with emerging musical artists, enabling them to purchase future royalties through Non-Fungible Artist Titles (NFATs). These NFATs are backed by the revenue generated from the artist's music, offering investors a share of the artist's future earnings. The platform also offers artists essential funding and professional support, connecting them with industry professionals who can help them develop their careers. By investing in NFATs, fans can directly support their favorite artists and potentially earn returns based on the artist's success, while artists gain access to capital and resources to fuel their creative endeavors. The platform mitigates investment uncertainty by preparing artists for the music industry and connecting them with professionals to boost their careers.
Target Audience
sonGain targets private investors looking for alternative investment opportunities in the music industry and emerging musical artists seeking funding and professional support to advance their careers.
Features
- NFATs (Non-Fungible Artist Titles) representing shares of future royalties
- Monthly royalty payments for recording revenue and quarterly payments for composition revenue
- Access to a network of music industry professionals, including producers, marketing experts, and managers
- Artist preparation for the music industry, including guidance and resources
- Connection to over 40 music stores for global distribution and royalty collection
- Platform for investors to discover and support emerging musical artists
- Wallet integration for secure and transparent transactions