SONGS Distribution
  • Introduction
    • What is SONGS
    • SONGS v1
    • FAQ
  • 🎋Protocol
    • Introduction
    • Protocol Modules
      • Wrapped Song Module
      • Distributor Module
      • Protocol Module
    • Smart Contracts
  • Wrapped Songs â—’
    • What is a Song
    • Fields for Creating a Song
  • Artist Verification
    • Artist Verification Process
  • Music Distribution
    • How to distribute your (SONG)
    • Available Streaming Platform
    • Distribution Obligations with SONGS
  • SongShares
    • What is a SongShare
    • Available Actions in Beta Phase
    • Buying or Receiving SongShares
  • Content Management
    • Editing (SONG) Info
    • Deleting (SONGS)
  • Payments and Accounting
    • How Payments are Calculated and Received
    • Viewing Income
    • Setting Up Payment Methods
  • Support and Help
    • Contacting Support
    • Frequently Asked Questions
    • Additional Resources
  • Terms and Conditions
    • Terms of Service (TOS)
    • SONGS Privacy Policy by Enty TBD
  • Updates and Improvements
    • How Service Updates are Managed
    • Participating in Beta Tests
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  1. SongShares

Buying or Receiving SongShares

PreviousAvailable Actions in Beta PhaseNextEditing (SONG) Info

Last updated 9 months ago

If you own SongShares of a song without being the owner of the corresponding (SONG), you benefit from the revenue generated by the song through our digital distribution platform. Here are a few things you should know:

Benefits and Restrictions:

  • Benefits:

    • Proportional Income: You will receive a proportional income based on the number of SongShares you own each time the song generates revenue on streaming and digital download platforms.

    • Transparency: You will have access to statistics and data on the performance of the song, including its usage in streaming systems and the accumulated revenue.

  • Restrictions:

    • Distribution: You will not be able to distribute the song if it has not yet been distributed by the owner of the (SONG).

    • Secondary Sale: During the beta phase, you will not be able to propose the secondary sale of these SongShares. This functionality will be enabled in future updates.

In your account menu, you will be able to see the SongShares you own and access relevant information about the corresponding song. This includes details about the generated revenue, usage statistics, and the song's metadata. This visibility allows you to participate in the financial success of the song, fostering a collaborative relationship between artists and fans in the digital music space.

Wrapped Song