Nigerian act, Mr Eazi has revealed his plans to sell shares of his yet-to-be-released song to his fans.
The singer took to his Twitter page on Wednesday and wrote;
“Gonna try an experiment on my next release where you guys the fans will be able to buy shares on My song! Meaning you will own an equity % on the song! As u stream & give me $ some goes back to You!!!”
In another post, the musician explained the reason behind his plan.
According to him, he has consistently been in the top five of Africa’s most-streamed artistes since 2016, and now, it’s time to get his fans on the “equity side” of the music.
Explaining further, Mr. Eazi noted that if you purchase 1% of his song, you will get 1% of the royalties the song generates.
“Imagine you had a % of my last song with Nicki or my new single “LENTO “ with Jbalvin!!! As u stream u make it a hit, some of the $ comes to you! But most importantly you are a true part of the Global Smash Hit you helped create” he tweeted.
Imagine you had a % of my last song with Nicki or my new single “LENTO “ with Jbalvin!!! As u stream u make it a hit, some of the $ comes to you! But most importantly you are a true part of the Global Smash Hit you helped create
— Uncle Njobvu (@mreazi) December 9, 2020
