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MasterExchange - Undisclosed
Overview
About MasterExchange - Undisclosed
Shortly after attracting $2.7 million in funding, MasterExchange, a marketplace for investing in music royalties, announced that it has sold out its first so-called initial music offering (IMO). The company counts global investors including Vectr Fintech, Claes-Henrik Julander, and Rob Small among its backers.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2018 | 3 | -- | ||
| Angel Investor | Sweden | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- |
Founders & Team
Alexander Fred-Ojala
Company Profile / Project Introduction
MasterExchange is a platform where you can invest in and trade shares of music royalties and receive royalty payouts. A royalty share is the unique tradable asset on the MasterExchange platform, representing a stake in a song's future master royalties. Every royalty share is distinct, showcasing unique artwork, an ID number, and more. Collectively, the royalty shares of a song represent equal stakes in its future master royalties. While each royalty share is associated with an NFT on the Polygon network, the NFTs are held by an external crypto custodian, so you won't interact directly with the NFTs while using MasterExchange.