Sarkodie Gives Fans Chance To Own Share Of His Song
Sarkodie is inquiring if his fans would be open to owning shares in any of the songs from his extensive collection that covers his entire career in the music industry.
He desires for them to have the rights to a song they financially support to receive royalties. The rapper posed this question to X.
He said, “Sarknation interested in owning shares in one Sarkodie Track and earn royalties?”
When you purchase a share in a company, you are essentially acquiring a portion of ownership in that company. As a shareholder, your investment return is dependent on the success or failure of the company itself, as you hold an equity stake in the business.
In the case of buying shares in Sarkodie’s song, fans would have the opportunity to earn royalties indefinitely whenever the song is streamed on various digital platforms.
Whenever you listen to a song on a streaming platform like Spotify, the artiste receives payment in the form of royalties.
Artistes now have the option to sell these royalties to fans, allowing them to receive years of royalty income upfront.
Fans can then collect their share of the royalties, similar to stock dividends, and even resell their shares to other fans. With each transaction, artists continue to earn transaction fees whenever their song shares are traded. This innovative system puts an end to artist poverty.
