Fractional Ownership
How fractional ownership works on AceSteps.
What is Fractional Ownership?
Instead of one person owning 100% of a song, ownership is split among many token holders.
Ownership Math
| Tokens Held | Ownership % | Example Value |
|---|---|---|
| 100,000 | 100% | $1,000 |
| 50,000 | 50% | $500 |
| 10,000 | 10% | $100 |
| 1,000 | 1% | $10 |
| 100 | 0.1% | $1 |
| 1 | 0.001% | $0.01 |
Benefits
For Creators
- Liquidity - Convert ownership to cash
- Retain Control - Keep 80% initially
- Aligned Incentives - Success benefits all
For Fans/Investors
- Access - Own part of music you love
- Upside - Benefit from success
- Liquidity - Trade anytime on Uniswap
How It Works
Before Tokenization
Creator owns: 1 NFT (100%)
Others own: 0%
After Tokenization
NFT: Locked in vault
Creator owns: 80,000 tokens (80%)
Pool has: 20,000 tokens (20%)
After Trading
Creator sells: 30,000 tokens
Creator owns: 50,000 tokens (50%)
Investor A owns: 20,000 tokens (20%)
Investor B owns: 10,000 tokens (10%)
Pool has: 20,000 tokens (20%)
Revenue Rights
Token holders benefit from revenue via pool appreciation:
- Ad revenue collected
- 80% donated to Uniswap pool
- Token price increases
- All holders benefit proportionally
Governance
Coming Soon
Token-based governance for song decisions is planned.
Future possibilities:
- Remix permissions
- Licensing decisions
- Revenue allocation