Read before you buy

Risk disclosure

Song shares are speculative. You can lose some or all of what you put in. Here is what can go wrong.

Last updated October 7, 2026Draft · not yet reviewed by counsel

Fadlib is a prototype on a test network. This document is a working draft for legal review and does not create a binding agreement yet.

You may lose money

Most songs earn less every year after release. A share's price can fall far below what you paid, stay there, or go to zero. Past royalties and price moves do not predict future ones.

Royalties are uncertain and late

Royalties depend on how often people stream a song, which can drop suddenly.
Per-stream rates differ by service, country and subscription type and can change.
Payments arrive about 45 to 75 days after the streams, sometimes later. The live meter and predicted payouts are estimates; the amount actually paid is set by the distributor's statement.
Instant Royalties advances are estimates too. Shortfalls are recovered from future royalties.

Liquidity

There may be no buyer at the price you want, or at all. The platform market maker provides some liquidity but is not obliged to buy your shares. Trading can be paused by volatility pauses, takedown halts or operator action.

What you don't own

A share is a contractual right to a slice of master royalty income for a set term. It is not the copyright, not the master recording, not a vote, and not a claim on the artist's other income.

Counterparty and platform risk

Royalties flow from streaming services to distributors to Fadlib. A distributor or artist dispute, a takedown, or an insolvency anywhere in that chain can delay or stop payments.
Fadlib is an early-stage company. Software errors, security incidents or regulatory action could interrupt the service.
Cash is held as USDC, a dollar stablecoin issued by Circle. It is not a bank deposit and is not FDIC-insured.

Regulation

Song shares are likely securities. Fadlib intends to offer them only through a registered or exempt structure with licensed partners. Until then this product runs on a test network with no real-world value. Rules may limit who can buy, how much, and where.

Valuations

Fadlib's fair value is a model with stated assumptions (see the methodology). It is not investment advice, a rating or a recommendation.

Only put in money you can afford to lose, and spread it across songs.

Royalties are uncertain and late

Royalties depend on how often people stream a song, which can drop suddenly.

Per-stream rates differ by service, country and subscription type and can change.

Payments arrive about 45 to 75 days after the streams, sometimes later. The live meter and predicted payouts are estimates; the amount actually paid is set by the distributor's statement.

Instant Royalties advances are estimates too. Shortfalls are recovered from future royalties.

Counterparty and platform risk

Royalties flow from streaming services to distributors to Fadlib. A distributor or artist dispute, a takedown, or an insolvency anywhere in that chain can delay or stop payments.

Fadlib is an early-stage company. Software errors, security incidents or regulatory action could interrupt the service.

Cash is held as USDC, a dollar stablecoin issued by Circle. It is not a bank deposit and is not FDIC-insured.