Mr Eazi wants You to Equity in his Yet-To-Be-Released Music

Browse By

A few months ago, Mr Eazi launched a $20m Africa Music Fund (AMF) for existing and emerging artists in Africa. He told CNN that, through the AMF, he aims to create a new funding model for the music business on the continent.

He has always been an advocate for African equity participation in the African music ecosystem.

Now, the award-winning star is proposing something new and unprecedented in the Nigerian and African music industry. Have you been looking to buy shares on your favourite songs and own equity on the song? Then, this plan is for you.

Some hours ago, he announced plans to sell shares of his music to fans via a series of tweets—an earn-as-you-stream system.

According to him, the reason for this innovative move is that he has consistently been in the top five of Africa’s most-streamed artistes since 2016, therefore, he wants fans to partake in his success. He wants you, his fan, to buy shares of his music, and as a result of this, his music would be streamed more, thus becoming global hits. He then gets more streaming revenue and you, his fan, get a return on investment.

Therefore, a 1% purchase of his song gets you 1% of whatever the song produces.

See his tweets:

Genius right?

We cannot wait!

See also  24Naija Music: Fireboy feat. Cheque – History