SongBits is a platform revolutionizing the music industry by allowing musicians to monetize their tracks directly while giving fans the opportunity to own a share of their favorite songs and earn a portion of streaming revenue.
How It Works
Artists can sell up to 50% of their streaming rights, enabling fans to purchase “bits”—digital shares of songs. Buyers receive a portion of future streaming revenue and may also gain access to exclusive perks such as private concerts, limited-edition merchandise, early ticket access, and special music releases.
User-Friendly Experience
The platform simplifies the process—users can sign up with familiar accounts, make payments through standard methods, and enjoy a seamless experience without dealing with technical complexities.
Growth and Future Plans
SongBits has already attracted well-known artists like Joss Stone and Ashley Wallbridge, with Wallbridge selling out 175,000 bits of his track. The platform is also developing a secondary marketplace, where users will be able to trade and resell their bits.
SongBits provides artists with a new revenue stream while giving fans the chance to be part of the success of their favorite music.