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World’s First Blockchain Music Marketplace Issues First Payment to Producer Chuck Inglish

Producer Chuck Inglish received $8,272 from Vezt after offering fans a royalty interest in his songwriter rights for  “Wear My Hat,” and “Gees,” as recorded by artist Mac Miller. Using the Vezt app, more than 100 of his fans contributed the $8,272 in return for a portion of the royalty stream of the aforementioned titles in less than 30 days.

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Vezt recently released the app on both the Apple (iOS) and Google (Android) platforms, and has seen surprising organic adoption of the app with conversion rates in excess of 10% and more than half of users buying into multiple Initial Song Offerings (ISOs™). After meeting the Vezt team, Inglish chose to list two of his titles on the app, hoping to cover a substantial portion of his monthly expenses. In less than 30 days both of his titles sold out, resulting in the $8,272payment. Inglish has since listed a number of additional song rights on the app. Vezt collects payments from Performing Rights Organizations, publishers, digital platforms and record labels in more than 135 countries.

Read More: Interview with Jeffrey Kofman, CEO and Founder at Trint

Chuck Inglish, is an American rapper from Mount Clemens, Michigan and is one half of the hip-hop duo The Cool Kids alongside Sir Michael Rocks.

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