Fanled.ie is an Irish startup that is changing the way artists raise funds by enabling fans to invest directly in songs. Fanled acts as a publisher for artists, allowing them to immediately raise funds from their compositions while fans become co-owners of the song and receive a percentage of the royalties generated by the song.
Unlocking Funding Directly from Fans
Fanled.ie’s platform enables fans to invest directly in songs by purchasing ownership tokens. The sale of these tokens initiates a mutually beneficial arrangement between fans and artists. Fans become co-owners of the song and receive a percentage of the royalties generated by the song. This creates a new way for fans to support their favorite artists while also sharing in the success of the music they love.
Enabling Artists to Raise Funds from their Compositions
Fanled.ie’s platform enables artists to immediately raise funds from their compositions by selling ownership tokens. This allows them to fund their projects, cover expenses, and receive payment for their work. As publisher, Fanled.ie collects royalties and allocates the proceeds to both fans and artists relevant to their token holdings in each song. This creates a new way for artists to generate revenue while maintaining control over their creative work.
The Fanled Marketplace
Fanled.ie’s fanled marketplace is a section of their web platform that is publicly accessible and advertises all artists and their songs to the wider public. Here, registered fans can purchase ownership tokens in the available songs while funding their favorite artists. The marketplace is designed to make it easy for fans to discover new music and support emerging artists.
Conclusion
Fanled.ie is an Irish startup that is changing the way artists raise funds by enabling fans to invest directly in songs. The platform allows artists to immediately raise funds from their compositions while fans become co-owners of the song and receive a percentage of the royalties generated by the song. This creates a new way for fans to support their favorite artists while also sharing in the success of the music they love. With the fanled marketplace, Fanled.ie is also creating a new way for fans to discover new music and support emerging artists. Fanled.ie is poised to revolutionize the music industry by empowering fans and artists to work together in a mutually beneficial way.
Website: https://www.fanled.ie/
Facebook: https://www.facebook.com/fanled.ie
LinkedIn: https://www.linkedin.com/in/bernard-hayes-23912433/
Want to amplify your startup’s story? EU Startup News is your launchpad to reach startup founders, investors, and C-level execs across Europe. Discover our tailored promotional strategies such as Sponsored Articles and Partnerships. Click here to learn more or contact us directly at [email protected]. Join us, and let’s make your startup the talk of Europe!
