Ethereumanotherblock released 200 royalty-share tokens in 'So Far Away' by Martin Garrix and David Guetta, featuring Romy Dya and Jamie Scott, at roughly $144 each. Each token carries a 0.01% share of the track's recorded streaming royalties, paid to the holder's wallet. The song has passed 350 million Spotify streams.
0.01% of a 350-million-stream dance record, per token.
Prism analyst note
A small, genuinely novel position: 0.01% of a proven catalogue record with a decade of streaming history behind it, which makes the cash flow more predictable than a new release. The limits are structural rather than artistic. It is an NFT, so exit means finding one buyer on a marketplace rather than hitting a bid, and 200 units across one song is not a market. Streaming royalties also decay as a track ages. Sized as a collectible with a yield, it is coherent; sized as an income allocation, the illiquidity dominates.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Recorded streaming royalties, 'So Far Away' (2017)
- 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
- $144.00
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
Is this a fungible token?+
No. anotherblock issues royalty shares as ERC-721 NFTs on Ethereum. There is no pool and no quoted price.
How do royalties reach me?+
The distributor reports streaming income and it is paid to the wallet holding the token. Polytrade took over distribution for anotherblock's catalogue.