While ‘Live auctions’ are about exchanging funds and catalogues between the original rights owners and investors employing a ‘Dutch Auction Model’, ANote Music’s ‘Secondary Market’ is where investors can trade catalogues they already own, issuing transactions with other investors.
Music catalogues previously acquired in auctions can be put up for sale to the community of investors and music fans. Any investor can buy and sell shares of a catalogue on the specific catalogue page, providing everyone with the opportunity to cash out at any time or to get access to catalogues for which the auction was missed, and extend further their portfolio.
At any moment, a new market price is determined and a transaction is recorded upon offer and demand, whenever bid and ask price match.
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