05/16/2023
OneOf's collaboration with SongVest is giving TLC fans the chance to own a piece of their catalog by offering fractionalized music royalties. Fans of the best-selling American girl group will share 50% of royalties from newly-recorded versions of their top hits with investors being rewarded free digital collectibles powered by OneOf.
TLC fans will now have the opportunity to own a piece of their favorite songs and receive royalty payments from the group’s newly-recorded versions of their hits “No Scrubs,” “Diggin’ on You,” and “Creep.”
The limited run of SongShares® will be available through VIP Auctions, beginning on Friday, May 26 with the launch of 450 shares of “Creep - TLC Version,” 200 shares of “Diggin’ On You - TLC Version,” and 1,900 shares of “No Scrubs - TLC Version.” Bidding for the SongShares® will begin at $100. Fans with successful bids at the end of the VIP Auction period will have the first opportunity to purchase the SongShares® following SEC qualification.
The remaining members of TLC have announced a few re-recorded versions of classic hits to launch on SongVest, a fan royalty platform.