Draft:Bolero Music

Bolero Music is an innovative Paris-based startup dedicated to democratizing music investment. Founded in early 2021 by William Bailey and Arthur Amon, the company's mission is to transform individual music preferences into a curated collection of musical assets, fostering equitable ownership among artists and investors. By leveraging cutting-edge technology, Bolero Music aims to make music rights an accessible asset class for everyone, thus providing artists with a fair and sustainable income.

History
Bolero Music was established with a vision to reshape the music industry by offering a platform where music lovers can invest in the rights of their favourite songs. The idea was to create a system that allowed for the equitable distribution of music royalties, ensuring artists receive a fair share of the income generated from their creations. This model was designed to benefit both creators and investors by providing instant liquidity to artists and a new investment avenue for music enthusiasts.

Business model and main product: Song Shares
The core of Bolero Music's offering is "Song Shares", a unique digital asset representing a fractional ownership of music rights, including both master recording and publishing rights. This innovative product allows fans and investors to buy shares in songs, thereby owning a piece of the music's future revenue. Bolero Music has developed a marketplace for these shares, enabling easy trading while ensuring the collection and redistribution of royalties. The platform supports a diverse catalogue of over 500 tracks from both established and emerging artists, facilitating direct investment in the music industry.

Notable Song Shares
Bolero Music has released several notable Song Shares, featuring music from a variety of artists such as Rilès, Agoria, Médine, JuL, Gazo, and Booba. These shares provide investors the opportunity to engage with and support their favourite artists directly, creating a new form of connection between artists and their fans.​

Expansion and growth
With a significant seed funding round led by XVC Tech and the support of other notable investors and advisors like Petit Biscuit, Le Motif, and artists like Rilès and Agoria, Bolero Music is set to expand its reach. The platform has successfully partnered with over 100 artists, producers, and composers, offering an expansive catalogue that includes hits and classics from chart-topping artists as well as selected records from emerging talents​.