Connecting artists and fans all around the world like never before. Own a piece of your favorite songs to earn royalties alongside the artist.
Asset Class Return•30d
In Music Royalties•30d
Royal believes in artists' freedom. The platform opens the door for artists to retain independence and creative control as fans fuel their careers. Artists choose what % of a song's royalties to put up for sale. They can also bundle fan experiences, special tracks, digital art - it's all up to them.
Things to Know
You make money on
Term of investment
Buy streaming royalties as 'tokens' from artists
Claim royalties for ur songs after they've accrued
Pay via card/crypto, own or Royal-created wallet
See inside MoneyMade’s 6-figure multi-asset portfolio
How you make money
Once you've bought a token, you can claim royalties for the song after they've accrued. The time to payout will vary depending on the artist.
If you'd like, you can put your token up for sale on an NFT exchange. When someone else buys this token, they'll get all the royalties and additional benefits that come with it.
How Royal makes money
Royal raised a $55 million Series A round in November 2021. Investors in the NFTs included electronic music performers The Chainsmokers and rapper Nas. Andreessen Horowitz (a16z) led the Series A round. Paradigm and Coinbase Ventures participated in it. Earlier, Royal raised a $16 million seed round led by Paradigm and Founders Fund. The latest funds will push the platform’s continued growth. Royal is expanding its offerings of both household names and rising newcomers.
Is it safe?
It is unclear at this time what kinds of fees Royal may plan to charge in the future.
How You’re Taxed
Music royalties can offer investors a stable yield, but tax planning is critical to retaining much of that income. Every individual’s situation is unique, but royalties are typically reported as self-employment income on Schedule C of IRS form 1040. While music royalties are often taxed at a higher rate, they also have unique tax benefits. Since music royalty income declines over time, it is considered a depreciating asset. As such, music royalties can be amortized, meaning that investors can write off the cost of this asset over a number of years. By offsetting the income produced, investors in turn also reduce their tax liability. For more specifics surrounding amortization, please refer to section 167 of the Internal Revenue Code.
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