Details
Rights:
Master RightsType:
Participation Rights
Rights Holder:
Jakob Wedl
Status:
Master
Release Date:
15/11/24
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Starting from:
4.00 €
Break-even:
2.1 Million
Description
" This is frankly the hardest song to release so far. It's kind of a diary entry of some really tough times I went through. This gut-wrenching feeling when you have to let go of the person you thought you'd end up spending the rest of your life with, watching your children grow up, living in a small-town house with a pretty backyard..." - Jakob Wedl
About Jakob Wedl
You get
- Net Proceeds from the commercial exploitation of the master rights of the recording and the song "pretty backyard" for 70 years.
- Net Proceeds master rights: All incurring revenues from the exploitation of the master rights (streams, downloads, sync rights – when used for commercials or in movies) less taxes (if applicable) and less a firm distribution fee of 15%.
- You will receive your first proceed statement from streams and downloads approx. 4 months after the release, followed by monthly statements. After that, you will be able to see your earnings on the dashboard of your account and withdraw your earnings or reinvest them in other Projects.
preview Proceeds Agreement (ENG)Don’t miss out on investment opportunities!
“We envision a world where everyone benefits from the success of music: artists, creators, music rights owners and fans.”
Global Rockstar is a Fintech company & music rights marketplace which allows fans and retail investors to become shareholders in hit songs while offering artists and rights owners a new financing ecosystem via crowd-investing.
Fans and retail investors can purchase the rights to participate in revenues from newly created and already existing music rights, and secure the purchased rights including conjoined digital cover artwork animations as smart contracts in the blockchain. .
Disclaimer: In addition to offering a great opportunity, an investment in a song also entails risks. Nobody can know for sure if a song becomes a hit and you might not recoup your investment within the desired time frame, or in the worst case, at all. The history of music shows: While a big majority or releases do not even recoup their production costs, one becomes a huge hit. Therefore, we advise splitting your investments into several opportunities.
Investors are aware, that the concrete investments is no savings product and that they bear the risk to lose this invested money partially, in total or that they potentially do not earn a return on their investment.
Investors are also aware that the investment is not secured through a security instrument or an official deposit protection system. For further information, please read the risk notice contained in the “Informationsblatt für Anleger” (for Austrians only).
