MasterExchange operates a marketplace that enables consumers to invest fiat in future streaming royalties for individual songs and receive quarterly royalty payments. The platform also allows users to trade their ownership shares in those royalties. Its first song offering was "Sofia" by Alvaro, reported at 313,227,072 Spotify streams and over 1 billion streams across all outlets; based on Spotify averages that title may have generated roughly $1.5 million in revenue. MasterExchange positions the product as a way for creators to sell part of future revenues to fund artistic creation and for fans to become "super-fans." Co-founders include Alexander Fred-Ojala, Johan Edfeldt, and producer Jakke Erixson; Fred-Ojala is associated with UC Berkeley’s Launch2Learn AI & Blockchain. Financially, the company has raised $2.7 million in a funding round reported in the article.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2023