Wiz Music

wizmusic.io ↗ ·Barcelona ·Pre-seed

Wiz Music was a Barcelona-based platform that let fans invest in their favourite artists by buying tokenized shares of streaming royalties, receiving periodic royalty payouts from Spotify, Apple Music, Deezer and YouTube plus perks like private chats and backstage access. Founded in late 2021, it used NFT/blockchain rails, signed five-year catalogue deals with artists and took a 5-10% commission, raising a ~€235k-€300k convertible/pre-seed round in 2022 while targeting expansion into Latin America.

Founded
2021
Founders
2
Total funds raised
€300K
Rounds
1
Investors
1
Last round
Apr 2022
SectorsMusic, Blockchain / Web3, Media & Entertainment, Creator Economy, Fintech Start-up MapMedia & Gaming › Web3 & blockchain gaming

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Founders

Alejandro Arraut
Co-founder
Juan Carlos Rovira Ventin
Co-founder

Global models 5

Musicow
South Korea · www.musicow.com ↗
Lets fans buy fractional shares in song copyright royalties and earn monthly streaming payouts, the same fan-investment model Wiz Music ran.
$90MComparable
Royal
United States · royal.io ↗
Sold tokenized, blockchain-based shares of artists' streaming royalties to fans, with perks attached, which is almost exactly Wiz Music's model.
$71MComparable
Anotherblock
Sells fans on-chain shares of songs' streaming royalties and takes a commission on each drop, just as Wiz Music did.
$6MComparable
Bolero Music
A European platform where fans buy tokenized fractions of music rights and receive a share of streaming royalties.
$3MComparable
SongVest
United States · www.songvest.com ↗
Sells fans fractional royalty units in individual songs that pay out a share of streaming income, taking a fee as the marketplace.
$2MComparable

In the same niche 10 others

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Notes: Most funded first

Investors 1

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Funding rounds 1

DateRoundAmountLead

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