As an artist, a steady and stable income is the stuff of fantasy more than it is a reality. Certainly, turning it into a reality must be incredibly difficult and time-consuming. Well, it doesn’t have to be, thanks to Fractis.
Independent artists are always looking for ways to diversify their revenue streams without totally burning themselves out. If you’re getting monthly streaming royalties, you’ve got a valuable asset on your hands. Learn how you can easily sell music royalties, without losing ownership over your art.
Why Are Streaming Royalties So Valuable?
There’s something special about physically unwrapping the cellophane off a brand-new vinyl record. Gently placing the disc onto the turntable and carefully dropping the needle onto the edge of the grooves. This ritual might be irreplaceable, but, as a means of consuming music, it’s not the format that fits seamlessly in with modern life.
Digital music streaming is perfect for our fast-paced, on-the-go lifestyles. As mobile phones grow more sophisticated and people’s expectations increase, digital streaming has grown in popularity. Streaming platforms like Spotify or Tidal have made entire catalogues of music available anywhere in the world on pretty much any device.
Digital streaming has blown up over the last decade or so. Streaming accounts for 65% of revenue for recorded music worldwide, with no signs of showing down. By 2030, it’s estimated that music streaming will generate over $100 billion. This is exactly why digital music streaming is so valuable. People are keen to invest in artists’ music streaming royalties, having a piece of the action.
Why Sell Music Royalties?
There are plenty of reasons to invest in digital music streaming royalties, but why should you sell music royalties? What’s in it for you – the artist?
As an artist, securing funding for your future projects can be challenging. This is especially true if you’re balancing your passion with a full-time job that pays the bills.
Monthly income from streaming is useful, but sometimes you need a bigger revenue hit at once. This could be to fund things like studio time, equipment, or even other musicians. Selling your digital music streaming royalties can give you that instant revenue you need to get your musical project off the ground.
Finding methods of boosting your income are like finding the holy grail. Fortunately, we think we’ve got the holy grail right in our hands.
How to Sell Music Royalties
Now you’re sold on the idea of selling music royalties, you’re probably wondering how it’s done. Have you heard of huge famous artists, like Bruce Springsteen or Stevie Nicks, selling the rights of the back catalogues to companies like Hipgnosis? You don’t have to be a household name to sell your royalties in a similar way.
By turning fractions of your music streaming royalties into NFTs, you are able to sell music royalties to anyone, anywhere in the world. The transaction is quick and easy, and lets you stay in total control. No sharing fees with middlemen, or relying on third-party platforms to get the job done.
Fractis is a music streaming royalties NFT marketplace, built with independent artists in mind. We’ve made it simple for you to sell your royalties, so you can keep doing what you do best – creating amazing music!
The first step on the road to selling your music royalties is to apply.
If you have an idea, artwork and music that you want to showcase to the world, you’re in the right place.
Add your work and decide what, when and how you want to sell your royalty share NFTs – we’ll help set up your collection.
Mint with Us
Mint your NFTs with us and host the launch on Fractis. Super simple.
Use Our Marketplace
Give your community instant, verified access to the Fractis marketplace.
Sell music royalties on Fractis, and open the doors for yourself that the music industry wouldn’t help you to before.
Sign up today to be the first to get involved!