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Mr. Eazi Wants To Sell Shares Of His Yet-To-Be-Released Music To Fans

Mr. Eazi | Image: Instagram/mreazi

Nigerian singer Mr. Eazi, in an audacious move, has announced plans to sell shares of his yet-to-be-released songs to his fans.

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The “Skin Tight” singer revealed his experimental plan on Wednesday on his Twitter page: “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!!!”

Explaining the reason behind his plan, Mr. Eazi claimed that he has consistently been in the top five of Africa’s most-streamed artistes since 2016. Consequently, it’s time to get his fans on the “equity side” of the music. What that means is that if you purchase 1% of his song, you will get 1% of the royalties the song generates.

To drive home his point, he added: “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”

In July, Mr. Eazi launched a $20m Africa Music Fund for up-and-coming artistes on the continent. This was a major spin-off from emPawa Africa, an incubator program that provided artistes with funding and resources to market their music.

The outfit brought the likes of Nigerian Afro-pop and R&B artiste, Joeboy; and Ghanaian artiste, Kwesi Arthur into the spotlight.

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Mr. Eazi
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