Universum Ars

Our project is a marketplace that allows users to purchase music rights divided into parts , receive a pro-rata part of the revenue from the track to which the rights belong (“Royalties”), and then buy/sell these rights between users on the secondary market. “Track Parts: – are rights to a portion of a music track that are included in a unique digital asset (NFT) created in ERC-721 or ERC-1155 format. Such rights are intellectual property rights (copyright and related rights). “Track Parts” are created by an artist, producer or composer who wishes to sell a certain percentage of their music rights. “Track Parts” provide a proportionate part of the commercial revenues to its owner. Each owner becomes an economic partner of the artist, producer or composer.