Become a SPONSOR of the Musical Ecosystem and INVEST
in (and even OWN) your favorite music!
Music Cow, the world’s first Copyright
Royalty Sharing Platform, is a space where music creators, fans, and investors
share copyright royalties and sponsor the creators to create a healthy K-Pop
ecosystem by establishing a virtuous cycle. In the current Korean music market,
most consumers tend to enjoy their favorite music via ‘streaming,’ rather than
‘owning’ them. Under this market structure, many music creators & artists
are suffering serious financial difficulties, and the overall market size of the
music industry is way smaller than that of developed countries. Music Cow was
created to establish a healthier & more beautiful musical ecosystem for
everyone!
The ‘VALUE’ of a VIRTUOUS
CYCLE of music that we make ‘TOGETHER’
Music Cow aims to create a greater value
for music creators, fans, and investors through a unique system called the
‘Copyright Royalty Auction.’ Artists, music-loving fans, and investors will
share the copyright royalties, and over 50% of the total amount raised through
the auction (by the fans & investors) will be directly delivered to the
artists right after the auction. The rest will be used for various activities
such as supporting the K-Pop ecosystem, etc. Therefore, those who participate
in the auction can ‘own’ their favorite music and earn copyright royalties
while contributing to the creative ecosystem! Furthermore, the auction will
increase the public’s interest towards the K-Pop, Music industry, which will
positively influence the market and result in the rise of copyright royalties,
ultimately creating a healthy ecosystem where all members can coexist.
‘Music Cow,’ the
PERFECT platform for INVESTORS
In the era of low-interest rates &
economic recession, the APY (Annual Percentage Yield) of installment savings
are often unsatisfactory, and various funds end up being unstable and not safe.
Compared to high-risk products that fail to meet investment demands, Music Cow,
which is a leader of IP Financing, offers a new alternative with its stable
& solid returns + high yield.
-Stable, Solid Return + Potential
Expected Return
Thanks to the expansion of the copyright
market, Music Cow’s investment in copyright royalties ranks high in terms of
Return on Investment among all financial products in Korea. Also, due to the
nature of copyright & copyright royalties (protected for 70 years after the
original artist’s death), investors will receive the royalties on a monthly
basis without any loss. Moreover, various factors such as the public’s
increased interest towards the music market due to Music Cow Auctions, remakes
of existing songs, etc., may lead to a significant increase in potential
revenue (copyright royalties). Music Cow is an innovative cultural investment
platform that allows the users to enjoy music, earn high & stable returns,
and even have high hopes for potential returns.
“Average Return (Actual Royalties) compared
to the Auction Purchase Price” of Music Cow Users between 2018-19: 9.1%
(Pre-tax)
Additional Return Rate achieved through
user-to-user transactions: 18.4%
* “Copyright Yield Return Rate” reflect the
fans’ ‘voluntary’ high purchase prices. “User-to-User Transaction Return Rate”
refers to the additional sales returns, excluding copyright royalty revenues.
-Predictable + Can be Cashed 24/7 =
‘BEST INVESTMENT’
Members can make ‘TRANSPARENT INVESTMENTS’
by judging the validity of their investments based on the detailed copyright
royalty information provided by Music Cow. After purchasing the copyright
shares, members of Music Cow can generate stable & long-term profit from
monthly copyright royalties, while also earning short-term sales profit from
user-to-user transactions. Users can make user-to-user transactions at the
“Market,” and can always cash out their earnings at ‘My Wallet >
Withdraw.’
How can I ‘OWN’ music?
At Music Cow, you can OWN your favorite
music by using the ‘Copyright Royalty Auction’ and ‘Market.’ Participate
in weekly auctions to OWN your favorite music! The Copyright Royalty Auction
will be held on the following dates:
1) Monday 12:00 ~ Sunday 21:00
2) Tuesday 12:00 ~ Monday 21:00
3) Wednesday 12:00 ~ Tuesday 21:00
4) Thursday 12:00 ~ Wednesday 21:00
5) Friday 12:00 ~ Thursday 21:00
▶How to participate in an Auction in
progress
If you have missed the opportunity to
participate in the auction of your favorite song, you still have another chance
at the Market! At the Market, the users can buy/sell the Copyright
Shares of the songs that they have won in the Copyright Auction. Please refer
to the User Guide & Instructions for detailed procedures and methods.
Music Cow is currently operating a ‘Wallet’
function for better transaction efficiency and to prevent Shill Bidding &
Bid Rigging. 1 Cash in Music Cow is equivalent to 1 KRW. Charging & Storing
of Music Cow CASH will have the same effect of depositing real cash (KRW) (it
is NOT considered as an electronic payment method (electronic money, prepaid
electronic payment mean) under the Electronic Financial Transactions Act).
Interest on deposits will NOT OCCUR to
prevent possible illegalities related to unauthorized deposit-taking from
occurring
After logging in, select ‘Charge CASH’ in
the main menu.
① Select or enter the amount you wish to
charge
② Select payment method (Real-time Wire
Transfer / Virtual Account)
③ Click ‘Charge’
When using ‘Real-time
Wire Transfer’
Changes will be automatically reflected to
your Music Cow account immediately after payment is completed
When using ‘Virtual
Account’
After login, click ‘My Wallet à Withdraw.’
① Enter ‘Password’ à Click
‘Confirm’
② Enter ‘Amount’ and click ‘Request
Withdrawal’
③ Check the amount you have entered, then
click the ‘Confirm’ button
* Upon your withdrawal request, your
Music Cow CASH will be deposited into your registered account (check ‘Personal
Information Management’ page) after 3 P.M of the next business day.
* You can only request a withdrawal
using an account under your name, so please make sure to check your account
information before you make a request.
How to Cancel
Withdrawal
* You can cancel your withdrawal request at
the ‘Withdrawal Status,’ located at the top of your ‘My Wallet’ page. (Only
available on the day of your withdrawal application)
Withdrawal Fee (Guide)
* Withdrawal to Domestic Account : If the
withdrawal amount is less than 10,000 KRW, a 500 KRW fee will be charged. You
can withdraw your CASH twice a month for free.
* Withdrawal to Foreign Account : Upon
withdrawal, the exchange rate of the withdrawal date will be applied. The fee
will vary depending on each country.
After login, select ‘My Wallet’ from the
menu.
Check your ‘Deposit/Withdrawal Application
Status.’ Completed applications will automatically disappear from the screen.
You can check your transaction history at
‘My Wallet,’ located in the upper right corner of the home page.
1) Can I sign up for
Musicow under someone else’s name?
If you sign up for Musicow using other
people’s names or personal information, you can be immediately suspended from
using our services. Please make sure to sign up using your own name &
personal information.
2) Can minors create a
Music Cow account?
If you are a minor, please contact
‘info@musicow.com’
We will send you a ‘Signup Agreement Form (Minor)’!
Fill in the ‘Signup Agreement Form (Minor)’
(filled in by the legal guardian in his/her own handwriting) and send it to us
along with a Family Relationship Certificate (issued by the legal guardian.
After we receive and confirm both documents, we will proceed with the
registration process.
3) I have recently
changed my name. What should I do?
Send an abstract of your resident register
(with the information of your new (changed) name) to ‘info@musicow.com.’ We
will check the document and change your personal information registered to
Musicow.
4) Can a single person
use multiple accounts?
At Musicow, each member can only use a
single account under their name.
5) Can a corporation
sign up to Musicow?
Services for corporate members will be
updated in the future. Currently, only individual members can sign up to
Musicow.
Two-step Verification
is an optional feature, and you can only set-up this feature via WEB Screen
(PC)
Select ‘My Page’ after logging in to
Musicow.
Enter your current password (for
identification purposes), then select ‘OK.’
Select ‘Use Two-step Verification.’
Download the Google Authenticator (Google
OTP) APP from the Playstore of Appstore and install it on your mobile device.
Launch the Google Authenticator (Google
OTP) APP, scan the QR code located on the bottom of the screen, then select
‘Enable Two-step Verification.’
If the screen is closed before you have
successfully registered the six-digit OTP number, you must re-scan the newly
issued QR code to proceed.
After you have enabled the ‘Two-step
Verification’ feature, you must enter the six-digit number shown in the Google
Authenticator (Google OTP) APP every time you attempt a login.
If you wish to disable the ‘Two-step
Verification’ feature, select ‘Disable Two-step Verification’ in the ‘My Page’
screen.
Click on the ‘Sign-in’ button (located on
the upper-right side of the screen) and move to the login page.
Select ‘Find Password’ (located on the
lower side of the login page) to move to a page where you can reset your
password.
Enter the e-mail address that you have used
when you signed up to Musicow, then select ‘Get a Password Reset Mail.’
A URL will be sent to the e-mail address
which will allow you to reset/change your password.
After clicking on the URL, set a new
password on the ‘Reset/Change PW’ page below, then click on the ‘Reset/Change
Password’ button.
If you have forgot the e-mail address that
you have used when you signed up to Musicow
Contact us at info@musicow.com. We will go through an identification process and help you find your e-mail address.
Select ‘My Page’ from the top menu.
After making the changes in the ‘My Page’
menu, click ‘Modify’ to complete the modification.
Korea Copyright Protection Agency
