On ANote Music’s platform, Live Auctions are where original rights holders list their catalogues for the first time, giving early investors the opportunity to acquire shares. In contrast, the Secondary Market is where investors can trade the catalogue shares they already own with other investors.
Catalogue shares you’ve previously acquired can be offered for sale to other investors in the community. From the specific catalogue page, any investor can buy or sell shares, providing the chance to cash out at any time, access catalogues missed during the auction, and diversify their portfolio.
ANote Music’s 'Marketplace', facilitates the buying and selling of shares post-auction. This trading helps create liquidity and promotes fair pricing.
In auctions, the minimum starting price is set by the original rights holders. However, in the secondary market, prices are determined by order books. When sell and buy prices match and a new market price is established.
A new market price is continuously determined and recorded whenever buy and sell prices match, reflecting current offer and demand.
If you still have questions about the secondary market, please contact us at support@anotemusic.com directly.
