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

Bitcoin at a crossroads: Is this time to go out or save?

2025-05-13

US Banking Authority knew the path for crypto services at National Banks

2025-05-13

Will Deg Price reach $ 1?

2025-05-13
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Tron and Ethereum fight for the USDT top position

    2025-05-13

    Stargate brings Cronos closer to the future of Omnichain

    2025-05-13

    Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

    2025-05-13

    Zimbabwe is turning into blockchain to breathe new life into the trust of the carbon credit of carbon credit

    2025-05-13

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    US Banking Authority knew the path for crypto services at National Banks

    2025-05-13

    SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

    2025-05-12

    ‘Bond King’ Jeffrey Gundlach calls a catalyst who can cause an interest rate this year

    2025-05-11

    Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

    2025-05-10

    The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

    2025-05-10
  • Analysis

    XRP -price recovers profit, but retains its bullish structure

    2025-05-13

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-13

    Cardano (ADA) Dips: Temporary correction or start of deeper movement?

    2025-05-13

    The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

    2025-05-13

    Can the resistance crush and re -design the rally?

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    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
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»Major record labels better be wary
Web 3

Major record labels better be wary

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

TL;DR

  • Boleros Song Share allows music artists to sell shares of their song royalties to fans (through NFTs).

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

  • Record labels often offer a new artist a little bit of money for a single ($500-$2,500) and then take – wait for it – 80% of the song royalties forever.

  • With Bolero, artists can raise money from their fans, bypass the old label system, achieve success themselves and keep all their royalties.

Full story

Well this is creepy.

Yesterday we wondered if a service would be nice Boleros ‘Song Share’ already existed…and now it pops up in our news feed.

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

This is not a new concept, but the fact that Bolero collects all revenue earned from streaming, downloads and video platforms, converts it into crypto and then distributes it to the relevant NFT holder?

We’ve never heard anything like this before.

Here’s why we love this idea:

Record labels often offer a new artist a little bit of money for a single ($500-$2,500) and then take – wait for it – 80% of the song royalties forever.

And to add insult to injury…

Labels often take 100% of royalties until promotion and studio costs are recouped.

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

But here it is:

Many artists today write and produce music from their own home studios.

See also  “Buy Bitcoin” Google searches just increased by 800%

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

Which means that with a small amount of funding, artists can bypass the old label system and find success on their own.

With Bolero, artists can get that “small amount” from their fans – and reward that support with a manageable cut in royalties.

It’s a great concept!

Source link

labels Major Record wary
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Animoca Brands plans our mention to record ‘unique moment’ of Trump administration: FT

2025-05-13

Saylor Hints on more Bitcoin buys as BTC Record is approaching high

2025-05-12

Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

2025-05-12

Rooted in the south, built for the future

2025-05-12
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Top Trader Says Bitcoin Bottom Hasn’t Been Reached Yet, Predicts New BTC Lows in 6 Months – Here’s His Downside

2023-09-24

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

2025-05-06

Man sues city council for $647,000,000 for stopping him from digging up old hard drive containing Bitcoin: report

2024-10-14
Editors Picks

Billionaire Mike Novogratz Reveals Post-Election Prediction, Says ‘Giant Institutions’ Are Coming to Crypto

2024-07-31

Coinshares -analyst Debunks Bitcoin Death Cross as ‘nonsense’

2025-04-08

What Can You Buy With Bitcoin?

2025-02-14

Starknet and zkSync buck the trend as crypto ecosystems divest their developers by 28%

2023-10-19

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

Bitcoin at a crossroads: Is this time to go out or save?

US Banking Authority knew the path for crypto services at National Banks

Will Deg Price reach $ 1?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

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

  • bitcoinBitcoin(BTC)$103,938.570.90%
  • ethereumEthereum(ETH)$2,587.003.17%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.56-1.85%
  • binancecoinBNB(BNB)$661.41-1.06%
  • solanaSolana(SOL)$176.960.47%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2380750.94%
  • cardanoCardano(ADA)$0.82-1.45%
  • tronTRON(TRX)$0.269394-1.88%
  • suiSui(SUI)$4.020.45%
  • chainlinkChainlink(LINK)$17.110.74%
  • avalanche-2Avalanche(AVAX)$25.280.92%
  • stellarStellar(XLM)$0.312290-3.66%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.86%
  • hedera-hashgraphHedera(HBAR)$0.214005-4.86%
  • hyperliquidHyperliquid(HYPE)$25.443.45%
  • piPi(PI)$1.203.80%
  • the-open-networkToncoin(TON)$3.36-2.85%
  • bitcoin-cashBitcoin Cash(BCH)$406.64-2.01%
  • polkadotPolkadot(DOT)$5.11-0.96%
  • unus-sed-leoUNUS SED LEO(LEO)$8.641.66%
  • litecoinLitecoin(LTC)$101.890.36%
  • moneroMonero(XMR)$339.550.75%
  • pepePepe(PEPE)$0.0000142.79%
  • bitget-tokenBitget Token(BGB)$4.790.73%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.95-0.55%
  • bittensorBittensor(TAO)$458.100.29%
  • nearNEAR Protocol(NEAR)$3.18-0.19%
  • aptosAptos(APT)$6.092.33%
  • aaveAave(AAVE)$227.952.55%
  • ondo-financeOndo(ONDO)$1.04-0.40%
  • kaspaKaspa(KAS)$0.1250483.37%
  • okbOKB(OKB)$54.18-0.47%
  • internet-computerInternet Computer(ICP)$5.79-1.28%
  • ethereum-classicEthereum Classic(ETC)$20.181.47%
  • render-tokenRender(RENDER)$5.260.16%
  • crypto-com-chainCronos(CRO)$0.1020121.84%
  • mantleMantle(MNT)$0.81-0.03%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.532.40%
  • vechainVeChain(VET)$0.031293-1.73%
  • gatechain-tokenGateToken(GT)$21.850.00%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253446-3.71%
  • ethenaEthena(ENA)$0.4355248.64%
  • usd1World Liberty Financial USD(USD1)$1.00-0.31%
  • filecoinFilecoin(FIL)$3.16-0.46%
  • arbitrumArbitrum(ARB)$0.441684-0.22%
  • algorandAlgorand(ALGO)$0.243715-2.19%
  • bitcoinBitcoin(BTC)$103,938.570.90%
  • ethereumEthereum(ETH)$2,587.003.17%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.56-1.85%
  • binancecoinBNB(BNB)$661.41-1.06%
  • solanaSolana(SOL)$176.960.47%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2380750.94%
  • cardanoCardano(ADA)$0.82-1.45%
  • tronTRON(TRX)$0.269394-1.88%
  • suiSui(SUI)$4.020.45%
  • chainlinkChainlink(LINK)$17.110.74%
  • avalanche-2Avalanche(AVAX)$25.280.92%
  • stellarStellar(XLM)$0.312290-3.66%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.86%
  • hedera-hashgraphHedera(HBAR)$0.214005-4.86%
  • hyperliquidHyperliquid(HYPE)$25.443.45%
  • piPi(PI)$1.203.80%
  • the-open-networkToncoin(TON)$3.36-2.85%
  • bitcoin-cashBitcoin Cash(BCH)$406.64-2.01%
  • polkadotPolkadot(DOT)$5.11-0.96%
  • unus-sed-leoUNUS SED LEO(LEO)$8.641.66%
  • litecoinLitecoin(LTC)$101.890.36%
  • moneroMonero(XMR)$339.550.75%
  • pepePepe(PEPE)$0.0000142.79%
  • bitget-tokenBitget Token(BGB)$4.790.73%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.95-0.55%
  • bittensorBittensor(TAO)$458.100.29%
  • nearNEAR Protocol(NEAR)$3.18-0.19%
  • aptosAptos(APT)$6.092.33%
  • aaveAave(AAVE)$227.952.55%
  • ondo-financeOndo(ONDO)$1.04-0.40%
  • kaspaKaspa(KAS)$0.1250483.37%
  • okbOKB(OKB)$54.18-0.47%
  • internet-computerInternet Computer(ICP)$5.79-1.28%
  • ethereum-classicEthereum Classic(ETC)$20.181.47%
  • render-tokenRender(RENDER)$5.260.16%
  • crypto-com-chainCronos(CRO)$0.1020121.84%
  • mantleMantle(MNT)$0.81-0.03%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.532.40%
  • vechainVeChain(VET)$0.031293-1.73%
  • gatechain-tokenGateToken(GT)$21.850.00%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253446-3.71%
  • ethenaEthena(ENA)$0.4355248.64%
  • usd1World Liberty Financial USD(USD1)$1.00-0.31%
  • filecoinFilecoin(FIL)$3.16-0.46%
  • arbitrumArbitrum(ARB)$0.441684-0.22%
  • algorandAlgorand(ALGO)$0.243715-2.19%