Most music artists cannot earn meaningful income by making music, even though they have marketable skills. Apple/Spotify/Youtube: Payouts are roughly 1/10th of 1 US cent.
Trubify is a live streaming platform that empowers music artists to monetize their talent via modular revenue streams embedded into deep fan engagement features. In addition to offering high industry payouts and removing barriers to entry, the app allows artists of all genres and following sizes to monetize and engage their fans. Trubify is helping artists earn a living while giving a front-row experience to every fan.
They are revenue positive with a commercially available product on iOS, Android, and desktop. The live streaming industry is growing exponentially, and Trubify expects to be cash-flow positive in Q3 of 2022.
The experienced leadership team and strategic advisors have expertise spanning the music industry, entrepreneurship, fintech, business development, live streaming technology, marketing, and web development.
The team is currently seeking a minimum of $450,000 in convertible debt funding to acquire users and accelerate a go-to-market strategy.
See their fundraise on Fundable: https://www.fundable.com/trubify
FULL DISCLOSURE: Black Dog Promotions, LLC dba Black Dog Venture Partners is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This article is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this article is selective and does not purport to contain all the information relating to the company featured. In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.