Ethereumanotherblock released 2,000 royalty-share tokens in Justin Bieber's 2015 single 'Company' at $28 each, together carrying a 1% share of the track's recorded streaming royalties. It was among the first major-label back-catalogue songs sold to fans this way.
2,000 tokens splitting 1% of a Bieber back-catalogue single.
Prism analyst note
The cheapest entry into tokenized music royalties on Prism, and the one with the widest holder base at 2,000 units. A 2015 pop single is well past its streaming peak, so treat the income as a slow decay rather than growth. The 1% total share split across 2,000 tokens means each unit is a very small claim, which is the point at this price. Same structural caveat as the rest of the category: it is an NFT, so exit depends on finding a buyer rather than a market.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Recorded streaming royalties, 'Company' (2015)
- Legal structure
- Contractual right to a share of recorded streaming royalties
- Jurisdiction
- Sweden (EU)
- Administrator
- anotherblock AB
- Oracle / NAV source
- Distributor statements; royalties paid via Polytrade
- Reserve information
- No reserve. The token is a claim on future streaming income, so its value depends on the track continuing to be played.
- Transfer restrictions
- Transferable ERC-721. Trading happens peer-to-peer on NFT marketplaces rather than through a liquidity pool, so there is no quoted price.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Minimum investment
- $28.00
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
What does one token represent?+
A 1% royalty share was split across 2,000 tokens, so each is 0.0005% of the track's recorded streaming royalties.
Can I trade it on Prism?+
No. These are ERC-721 NFTs with no liquidity pool, so Prism cannot quote or route a swap for them.