Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

2025-05-10

Trump -Binance tires are confronted with control – “The use of the family’s stablecoin to …”

2025-05-10

Settings HOUSTER 41.3K BITCOIN – This is what it means for the next Gulf of BTC

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10

    Decentralized AI Society to run Hypercycle Masternode

    2025-05-09

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

    2025-05-10

    Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

    2025-05-10

    NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

    2025-05-09

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»Major Record Labels Better Watch Their Backs
Web 3

Major Record Labels Better Watch Their Backs

2023-08-11No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL;DR

  • Bolero’s ‘Song Share’ allows music artists to sell shares of their song’s royalties to fans (via NFTs).

  • Bolero collects all of the revenue earned from streaming, downloads and video platforms, converts it to crypto, then disperses it to the relevant NFT holder.

  • Record labels will often front a new artist a bit of cash for a single ($500-$2,500) and then take – wait for it – 80% of the track’s royalties in perpetuity.

  • With Bolero, artists can raise money from their fans, side step the legacy label system, find success on their own and retain all their royalties.

Full Story

Well this is spooky.

Just yesterday we were wondering if a service like Bolero’s ‘Song Share’ existed…and now it pops up in our news feed.

Basically, the Song Share feature allows music artists to sell shares of their song’s royalties to fans (via NFTs).

This ain’t a new concept – but the fact that Bolero collects all of the revenue earned from streaming, downloads and video platforms, converts it to crypto, then disperses it to the relevant NFT holder?

We haven’t heard of anything like that before.

Here’s why we love this idea:

Record labels will often front a new artist a bit of cash for a single ($500-$2,500) and then take – wait for it – 80% of the track’s royalties in perpetuity.

And to add insult to injury…

Labels will often take 100% of royalties until the promotional and studio costs are recouped.

These deals are so darn predatory – we’re surprised Chris Hansen isn’t knocking on their door.

See also  Holy hell. Bitcoin is on a tear! (This is why)

But here’s thing:

A great many artists are writing and producing music from their own home studios these days.

…and the wealth of promotional power now lies in organic (unpaid) reach – via platforms like TikTok, Instagram and YouTube.

Which means with a small amount of funding, artists can side step the legacy label system and find success on their own.

Bolero allows artists to source that ‘small amount of funding’ from their fans – and reward that support with a manageable cut of royalty fees.

It’s a helluva concept!

Source link

Backs labels Major Record Watch
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Post Pectra, Ethereum is now focusing on efficiency with 60 million gas limit expansion

2025-05-08

Crypto VC funds are struggling to record money as rebounds of starting fundraising in 2025

2025-05-07

Vitalik Buterin wants to make Ethereum ‘as easy as Bitcoin’ by 2030

2025-05-04

Solana’s moment is good for Ethereum and Web3

2025-05-03
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Eric Trump’s new role in Metaplanet stimulates 17.8% stock dump – Details

2025-03-21

Monero crashes 30% after Binance includes XMR in Altcoin takedown

2024-02-07

A deep dive into web3

2023-09-09
Editors Picks

Ethereum will surpass Solana by 2025, claims Bitwise CIO

2024-12-19

Bitcoin price gradually slips: can bulls keep important support?

2025-02-10

Are NFTs back? Vitalik Buterin Mints 400 PatronNFT based

2024-11-19

Crypto influencer says iNFTs will make way for ‘explosive innovations’

2024-01-15
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

Trump -Binance tires are confronted with control – “The use of the family’s stablecoin to …”

Settings HOUSTER 41.3K BITCOIN – This is what it means for the next Gulf of BTC

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,837.770.85%
  • ethereumEthereum(ETH)$2,412.832.96%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.411.93%
  • binancecoinBNB(BNB)$659.934.27%
  • solanaSolana(SOL)$171.812.33%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.22789810.26%
  • cardanoCardano(ADA)$0.812.30%
  • tronTRON(TRX)$0.2643682.13%
  • suiSui(SUI)$3.990.59%
  • chainlinkChainlink(LINK)$16.381.67%
  • avalanche-2Avalanche(AVAX)$24.646.37%
  • stellarStellar(XLM)$0.3055101.34%
  • shiba-inuShiba Inu(SHIB)$0.0000164.87%
  • hedera-hashgraphHedera(HBAR)$0.2103014.53%
  • hyperliquidHyperliquid(HYPE)$25.512.32%
  • the-open-networkToncoin(TON)$3.404.18%
  • bitcoin-cashBitcoin Cash(BCH)$422.683.24%
  • polkadotPolkadot(DOT)$5.1812.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.71-0.16%
  • litecoinLitecoin(LTC)$103.575.34%
  • moneroMonero(XMR)$318.274.61%
  • bitget-tokenBitget Token(BGB)$4.816.35%
  • pepePepe(PEPE)$0.000013-0.78%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.73-1.47%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.705.56%
  • bittensorBittensor(TAO)$452.515.31%
  • nearNEAR Protocol(NEAR)$3.004.48%
  • aptosAptos(APT)$5.791.89%
  • aaveAave(AAVE)$220.365.33%
  • okbOKB(OKB)$55.041.94%
  • ondo-financeOndo(ONDO)$1.041.51%
  • ethereum-classicEthereum Classic(ETC)$19.642.58%
  • internet-computerInternet Computer(ICP)$5.513.59%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.250.09%
  • kaspaKaspa(KAS)$0.1060292.40%
  • gatechain-tokenGateToken(GT)$22.292.33%
  • crypto-com-chainCronos(CRO)$0.1026852.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2599822.04%
  • render-tokenRender(RENDER)$5.175.30%
  • vechainVeChain(VET)$0.0308474.92%
  • mantleMantle(MNT)$0.771.04%
  • ethenaEthena(ENA)$0.3856972.95%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.872.96%
  • algorandAlgorand(ALGO)$0.2395372.24%
  • filecoinFilecoin(FIL)$3.082.66%
  • bitcoinBitcoin(BTC)$103,837.770.85%
  • ethereumEthereum(ETH)$2,412.832.96%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.411.93%
  • binancecoinBNB(BNB)$659.934.27%
  • solanaSolana(SOL)$171.812.33%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.22789810.26%
  • cardanoCardano(ADA)$0.812.30%
  • tronTRON(TRX)$0.2643682.13%
  • suiSui(SUI)$3.990.59%
  • chainlinkChainlink(LINK)$16.381.67%
  • avalanche-2Avalanche(AVAX)$24.646.37%
  • stellarStellar(XLM)$0.3055101.34%
  • shiba-inuShiba Inu(SHIB)$0.0000164.87%
  • hedera-hashgraphHedera(HBAR)$0.2103014.53%
  • hyperliquidHyperliquid(HYPE)$25.512.32%
  • the-open-networkToncoin(TON)$3.404.18%
  • bitcoin-cashBitcoin Cash(BCH)$422.683.24%
  • polkadotPolkadot(DOT)$5.1812.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.71-0.16%
  • litecoinLitecoin(LTC)$103.575.34%
  • moneroMonero(XMR)$318.274.61%
  • bitget-tokenBitget Token(BGB)$4.816.35%
  • pepePepe(PEPE)$0.000013-0.78%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.73-1.47%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.705.56%
  • bittensorBittensor(TAO)$452.515.31%
  • nearNEAR Protocol(NEAR)$3.004.48%
  • aptosAptos(APT)$5.791.89%
  • aaveAave(AAVE)$220.365.33%
  • okbOKB(OKB)$55.041.94%
  • ondo-financeOndo(ONDO)$1.041.51%
  • ethereum-classicEthereum Classic(ETC)$19.642.58%
  • internet-computerInternet Computer(ICP)$5.513.59%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.250.09%
  • kaspaKaspa(KAS)$0.1060292.40%
  • gatechain-tokenGateToken(GT)$22.292.33%
  • crypto-com-chainCronos(CRO)$0.1026852.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2599822.04%
  • render-tokenRender(RENDER)$5.175.30%
  • vechainVeChain(VET)$0.0308474.92%
  • mantleMantle(MNT)$0.771.04%
  • ethenaEthena(ENA)$0.3856972.95%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.872.96%
  • algorandAlgorand(ALGO)$0.2395372.24%
  • filecoinFilecoin(FIL)$3.082.66%