How it works

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

A songs journey to MasterExchange

Every song has a master recording

The song has a master recording, a master right and receives master royalties.

An artist, label or producer usually splits the master royalties among them.

Anyone that receives master royalties (ex. streaming royalties) are a ‘master beneficiary’ and can apply to launch an Initial Music Offering.

The party and MasterExchange prepares the Initial Master Offering of the song

Legal agreements are set up and reviewed.

The royalty share price is set based on a valuation of the master royalties that are listed. The valuation is available in the white paper for each song.

The royalty shares are sold at the Initial Master Offering

Info about the song, the valuation and a white paper is available. 

A pre-sale period is held before the public offering…

The shares can be sold and bought on the exchange

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

The royalty payouts happens each quarter

All the master royalties are collected, primarily streaming royalties, from the major platforms such as Spotify, Apple Music and Youtube.

MangoPay acts as our financial custody partner which safeguards all the funds on the platform.

The user who own the royalty share at the end of quarter will be entitled to receive royalty payouts proportionally to the amount of shares they own.


What is MasterExchange?

MasterExchange is a platform where you can invest in and trade shares of music royalties and receive royalty payouts.

What is an Initial Music Offering (IMO)?

An IMO is an event in which the original royalty owner sells a predetermined portion of their master royalties to investors and collectors on MasterExchange. The subscription period lasts for 7 days, and the shares will be distributed to buyers once the period ends.

Who can invest in music at MasterExchange?

MasterExchange is open to residents of the European Economic Area (EEA), the UK and Switzerland who are 18 years old or above. These countries are included at launch: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom.

What is a royalty share?

A royalty share is the unique tradable asset on the MasterExchange platform, representing a stake in a song's future master royalties. Every royalty share is distinct, showcasing unique artwork, an ID number, and more. Collectively, the royalty shares of a song represent equal stakes in its future master royalties. While each royalty share is associated with an NFT on the Polygon network, the NFTs are held by an external crypto custodian, so you won't interact directly with the NFTs while using MasterExchange. Please note that the platform conducts transactions in euros rather than cryptocurrency.

What am I investing in, and how can I trade my assets?

When investing on MasterExchange, you're buying a portion of future master royalties in music rights through an Investment License Agreement (ILA) between you and the music rights owner listing their music on our platform. The ILA is divided into shares, each linked to a unique Purchase Agreement. This Purchase Agreement is represented by unique digital certificates called non-fungible tokens (NFTs) that provide secure and transparent ownership tracking. All these assets are stored with a licensed third-party custodian and can be exclusively bought, sold, or held on the MasterExchange platform, ensuring a compliant and seamless trading experience.

What are the benefits of investing in music royalty shares on MasterExchange?

There are three main benefits to investing in music royalty shares - you can earn passive income from royalties through quarterly payouts, you have the opportunity to diversity your investments by building a portfolio in a new asset class, and this is your chance to own a piece of your favorite songs by owning a share of the master royalties.

Are you guaranteed royalty shares after you’ve placed an request to buy order at an IMO?

No, since royalty shares are sold in limited quantities that are predetermined, in the case of high demand not all users who have requested to buy will be allocated royalty shares.

Can I cancel my request to buy royalty shares?

Yes, you can cancel your request to buy royalty shares whilst the IMO is still open. When the IMO closes at the end of the 7th day of being live, you will no longer be able to cancel your request to buy.

How do I withdraw funds?

To withdraw funds, simply follow these steps: Click on "My Account" located at the top right corner of the menu. Select "Withdraw Funds" from the options available. Please ensure you have completed the identity verification process before attempting to withdraw funds. Withdrawals can only be made to a bank account using IBAN.

Who can I contact if I need help or have any questions?

If you have any enquiries or need any support from the team, please email

How do investors on MasterExchange receive royalties?

Songs generate royalties through platforms like Spotify, Apple Music, YouTube, and more. These platforms pay the master beneficiaries, who then distribute a portion of their earnings to investors on MasterExchange.

What payment methods can I use on MasterExchange?

MasterExchange accepts the majority of major cards. Please note, we do not currently accept American Express.

Do I need a Crypto wallet to invest on MasterExchange?

No, you do not need a Crypto wallet to invest on MasterExchange.

How should I handle tax declarations for trades and royalties?

In general, you should follow the guidelines established by your respective national tax authorities. It's important to note that a royalty share is a Non-Fungible Token (NFT) and should be taxed according to the regulations governing such assets. You may refer to your country's tax authority website for detailed information. For residents in Sweden, for example, declarations should follow the guidelines provided by Skatteverket.