anotherblock

The future of music rights investments ❑

[anotherblock @anotherblock_io]

💿Important update💿

We're pleased to introduce @Polytrade_fin as our new partner, who has assumed the role of royalty distribution.

Since 2021, Polytrade has been a pioneer in tokenizing RWAs, bridging traditional finance with decentralized systems to offer secure and efficient asset management. Now they are expanding into tokenized IP and rights🎹.

For more info and FAQ's - visit below:
https://t.co/smCEdYGqxZ

[Polytrade @Polytrade_fin]

Expanding into tokenized IP and rights! 🎶

Polytrade will now distribute royalty for top artists from @AnotherBlock_io like BTS, Rihanna, Justin Bieber, and David Guetta.

Here's what it means 👇
https://t.co/24XP5JSU3w

[Nordic Blockchain Association @nordicblock]

Join us at the Nordic Blockchain Conference for a session with Elisabet Ström (@gerdaeth), Head of Legal at @anotherblock_io. With her expertise in blockchain law, Elisabet brings invaluable insights to navigating legal landscapes. Don't miss out, register now!

[anotherblock @anotherblock_io]

@MarkBaumrind Hey! They don't expire, your royalties are yours. All royalties have been paid out for the periods they have earned money, login to your profile at https://t.co/HiSrXCfaZ4 to see them.

[anotherblock @anotherblock_io]

What makes music a promising, valuable asset class? We explore that in our latest article. https://t.co/H3IY1kFi7c

[anotherblock @anotherblock_io]

Spotify paid out $9 billion in streaming revenues last year - how much of that actually went to artists? ⧉ Read more about it: https://t.co/6uKdK2UaGU ⧉

[anotherblock @anotherblock_io]

IFPI and MIDiA recently launched their respective global music reports with key numbers from how the music market did in 2023.

Here’s what we found interesting:

⧉ Global recorded music revenues grew 10.2% to $28.6 billion.
⧉ 2023 marks nine consecutive years of music market growth.
⧉ Streaming grew 10.4%, forming 67.3% of the total market share.
⧉ There are now over 667 million users of paid subscription accounts.
⧉ Non-major labels, including HYBE, saw 13% revenue growth, majors 9%.
⧉ Korean labels generated nearly 70% of non-major expanded rights revenue.

With the industry’s steady growth and billions circulating annually, music rights are increasingly emerging as a strong alternative to traditional investment options.

[anotherblock @anotherblock_io]

Anotherblock was founded on the premise of making music rights liquid, creating valuable opportunities for investors, and enhancing control and freedom for creators.

With our marketplace, we've shown there's a real demand for music as an investment - we’ve also made investing in hits like Rihanna's "BBHMM" and The Weeknd's "Acquainted” possible, and our offerings are generating average yields exceeding 11%.

Now, we’re taking our next step - to create the global standard for public music rights offerings.

Introducing anotherblock institutions

We offer direct investments in music rights, which bypass the complexities of traditional finance, to professional investors.

More information on https://t.co/hFwRBYJG2i

[anotherblock @anotherblock_io]

With all this in mind, is it about keeping creators' rights safe, or could this new AI Act limit innovation in tech and music? Wdyt?

[anotherblock @anotherblock_io]

The EU just passed its landmark AI Act – this is pretty interesting for the music world, especially with the major copyright infringement debates happening in the US.

https://t.co/uJrp3ZQD73

[anotherblock @anotherblock_io]

There are still some ambiguities to be sorted out, such as the exact definition of 'general purpose AI’, but we’re excited to see how this all plays out.

[anotherblock @anotherblock_io]

As more data becomes available in the music industry, big misses in valuation will be no longer. Increasing transparency in the industry is always welcome - and we also need to get smarter about deals and market liquidity. #Blockchain, anyone?

[anotherblock @anotherblock_io]

Hipgnosis Songs Fund recently experienced a $690M valuation drop – what does this say about music rights as an asset? 🕵️

[anotherblock @anotherblock_io]

Did Hipgnosis get a bit too excited in their initial valuation? Were the multiples too high in 2020-2021? Maybe. However, it’s more likely that higher interest rates played a part than a complete valuation miss on behalf of Hipgnosis.

[anotherblock @anotherblock_io]

february 2024 royalty payouts are now LIVE 🔴

 ⬛️ $15,242 PAID OUT

⬛️ log in to claim your royalties on your profile

⬛️ more details about payouts on each music rights page

https://t.co/wNXLYiXqQA

[anotherblock @anotherblock_io]

How well do you know music rights? We break it down for you ⬛️🎧

[anotherblock @anotherblock_io]

@techhustler First royalty payout for Bitch Better Have My Money happened on the 23rd of August 2023 and will continue every 6 months (next payout end of February). If you have issues claiming your royalties - reach out to us on discord.💿

[anotherblock @anotherblock_io]

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[anotherblock @anotherblock_io]

⬛️ NOMINATION: MOST EXCITING PROJECT IN MULTIVERSE ⬛️

last week, anotherblock was nominated for 'MOST EXCITING PROJECT IN MULTIVERSE’ at the prestigious #INATBAawards gala 2024 in brussels.

while in brussels, our head of legal and CFO were also invited to participate in a strategic roundtable with the european commission (DG FISMA & DG GROW) in a dialogue on DLT/blockchain policy developments in the EU.

we're not just part of history, we're making it.

#INATBAawards #blockchaininnovation