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  • Q. ★ What is MUSICOW?★


    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.

    Go to Market


  • Q. Is the CASH used in Music Cow ‘REAL CASH?’


    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


  • Q. How do I charge CASH?


    After logging in, select ‘Charge CASH’ in the main menu.

     

    Select or enter the amount you wish to charge

    Select payment method (Real-time Wire Transfer / Virtual Account)

    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’

    Deposit the money to the virtual account number issued after the application. It may take about 10 minutes until the changes are reflected to your Music Cow account
  • Q. How do I withdraw my CASH?


    After login, click ‘My Wallet à Withdraw.’

     

    Enter ‘Password’ à Click ‘Confirm’

    Enter ‘Amount’ and click ‘Request Withdrawal’

    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.


  • Q. How can I check my deposit/withdrawal application status?


    After login, select ‘My Wallet’ from the menu.


    Check your ‘Deposit/Withdrawal Application Status.’ Completed applications will automatically disappear from the screen.


  • Q. Where can I check my transaction history?


    You can check your transaction history at ‘My Wallet,’ located in the upper right corner of the home page.


  • Q. Music Cow Service Policy


    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.

  • Q. (Security) How to use Two-step Verification


    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.


  • Q. What should I do if I lost (or wish to change) my password?


    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.


  • Q. Where can I change my personal information?


    Select ‘My Page’ from the top menu.


    After making the changes in the ‘My Page’ menu, click ‘Modify’ to complete the modification.

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