All posts by Vezt Inc

Announcing the Vezt Content Competition

Share your support for Vezt with an animated gif, video, meme, etc. about Vezt! Three lucky winners will win thousands of VZT tokens!

Here’s how this will work:

  • The competition starts Oct. 31 and ends Nov. 5 at 23:00 UTC (3pm PDT).
  • Create your content (an animated gif, meme, video, or something else we haven’t thought of!)
  • Tweet your content to the world and include the hashtag #bestofvezt
  • Sorry, but Tweets without the hashtag will not be included in the competition.
  • We’ll create a shortlist of the top 10.
  • The community will vote for the top 3.

We’ll announce the results of the vote on Nov. 6.

Prizes

  • 1st place: 5 ETH of VZT tokens
  • 2nd place: 3 ETH of VZT tokens
  • 3rd place: 1 ETH of VZT tokens

Announcing the Vezt Content Competition

Share your support for Vezt with an animated gif, video, meme, etc. about Vezt! Three lucky winners will win thousands of VZT tokens!

Here’s how this will work:

  • The competition starts Oct. 31 and ends Nov. 5 at 23:00 UTC (3pm PDT).
  • Create your content (an animated gif, meme, video, or something else we haven’t thought of!)
  • Tweet your content to the world and include the hashtag #bestofvezt
  • Sorry, but Tweets without the hashtag will not be included in the competition.
  • We’ll create a shortlist of the top 10.
  • The community will vote for the top 3.

We’ll announce the results of the vote on Nov. 6.

Prizes

  • 1st place: 5 ETH of VZT tokens
  • 2nd place: 3 ETH of VZT tokens
  • 3rd place: 1 ETH of VZT tokens

VEZT ACQUIRES RIGHTS TO SONGS RECORDED BY KANYE WEST, DRAKE, JOHN LEGEND AND MORE

New Music Monetization App to Launch Marketplace and Help Democratize the Music Industry

LOS ANGELES, USA — OCTOBER 30, 2017 — Taking a next step forward toward the democratization of music, Vezt Inc. announced today that it had acquired a portion of the rights to songs recorded by artists including Kanye West, Drake, John Legend, and others. The songs will be listed on the platform in its public launch, currently projected for Q1 2018.

Vezt acquired a portion of the rights to songs including:

  • “Devil In a New Dress” as recorded by Kanye West
  • “Jodeci Freestyle” as recorded by Drake
  • “Who Do We Think We Are” as recorded by John Legend

More acquired songs will be announced shortly on the company’s Twitter channel @veztinc.

Vezt is onboarding songs as part of the initial development of the app. The company anticipates new and existing artists and their teams will choose to leverage their own music rights directly once the app launches.

“Vezt lets music fans share ownership with artists in their favorite songs in a true democratization of music,” commented Vezt CEO Steve Stewart. “Vezt offers a true marketplace for songs and gives artists the opportunity to make a living and continue doing what they love most.”

Vezt gives artists artists and rights holders control over their new or existing songs and allows them to easily capitalize on their work by choosing portions of their songs to offer for sale to fans, rights-buyers, and brands. Here’s a brief explanation of how it works:

  • Artists and rights holders choose how much they’d like to raise from a part or fraction of their song, the reversion term, and set a date for the Initial Song Offering (ISO™).
  • Rights-buyers on Vezt buy song rights during the ISO™, and the artists receive funds credited to their account immediately.
  • The song rights information is encoded on Vezt’s blockchain.
  • Song royalties are then collected from Performing Rights Organizations (“PROs”) in 137 countries as well as STEM.is, which aggregates digital performance royalties from Spotify, iTunes, YouTube, etc.
  • Vezt then transfers those earnings back to the rights-buyers.

“We employ blockchain technology to track and collect royalty income transparently,” added CFO Robert Menendez. “By doing so, we’re creating a new marketplace for artists and their fans while also helping a vital legacy industry evolve.”

Links and more information can be found at the company’s website at https://vezt.co.

About Vezt Inc.
Vezt lets music fans share ownership with artists in their favorite songs. Founded in 2016, the company is headquartered in Los Angeles, California and has received funding from Binary Capital and principals of Global Trust Group. See the website www.vezt.co and Twitter profile @veztinc for more information.

Contact
Public Relations — Joel L Hadley pr@vezt.co. +1–205–243–1535

Telegram
Join the conversation on Telegram! https://t.me/joinchat/F_38d0NlVp_oQfB0S5u1Fg

Note to Editors
Co-Founders Steve Stewart and Robert Menendez are available for immediate interviews.

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