MUSICSPLIT: An alternative investment platform by ARTSPLIT
ARTSPLIT, the alternative investment platform, has launched MusicSplit, a new offering that allows music fans to invest in music projects. The platform’s first online auction features the Continental Playlist of Nigerian Music Star, King Perry and will run on the app from January 24th to February 10th, 2023.
MusicSplit allows music lovers to own fractions of any trending Afrobeat music and earn monthly royalties to their ARTSPLIT wallet. Users on ARTSPLIT now have access to previously unavailable royalty assets when they buy splits and invest in their favorite artistes’ upcoming projects. This is a win-win situation as it allows artistes to get the funding they need to create great music while providing music lovers with the opportunity to earn passive income and high-yielding returns from the projects’ streaming revenues.
Our goal has always been to provide a platform that democratizes access to investment in African art and artistes through co-ownership and technology while elevating their global standing.
ARTSPLIT’s executive director for technology and communications, Onyinye Anyaegbu, said in a statement, “Our goal has always been to provide a platform that democratizes access to investment in African art and artistes through co-ownership and technology while elevating their global standing. Too often, ideas are not appropriately valued, such as music. With MusicSplit, creators can offer a percentage of their upcoming projects for users to invest in and directly fund it. Users on the ARTSPLPLIT app benefit from access to a high-yielding asset class while artists benefit from debt-free funding while maintaining artistic freedom. As a result, we have moved closer to our goal of providing alternative investments opportunities for everyone.”
MusicSplit works by taking the estimated value of a music project (Eps, LPs, and Albums) and dividing it into 100,000 units (or Splits) to allow users and music lovers to finance it and profit from their investments. By presenting MusicSplit, ARTSPLIT aims to further elevate African music worldwide while providing artists with alternative investment options that allow them to maintain artistic freedom.
To find out more about MusicSplit on ARTSPLIT, users can visit www.artsplit.com/MusicSplit or contact email@example.com. Additionally, the ARTSPLIT team can be reached on call or WhatsApp at +234(0)9088962169, or by following @artsplitofficial on Twitter, Instagram, and Facebook to stay updated. The ARTSPLIT app can be downloaded on the App Store and Google Play Store, allowing users to start investing in Afrobeat music today for great returns.