This is how it works:

• Artists sign up and upload their profile.
• Artists are automatically entered into appropriate Scout Rooms based on genre, location etc
• Music Fans earn money rating each Track and providing detailed and constructive reviews
• The highest rated Artists go through to a Showcase where their Fans and serious Music financiers invest in amounts of £1 upwards until they reach the £15,000 target. (If the Artist fails to hit the target after 6 months, they drop out of the Showcase and all Investments are refunded)
• Artists with established Fan bases can bypass the Scout Rooms and raise up to £500,000
• Investors receive exclusive access to the Artist, a free copy of the finished album, their name on the album sleeve and a share in the financial returns from album and single sales, (through the ownership of Contracts)
• The Artist receives the money (non-recoupable!) and records the album
• Contracts become tradable on the Slicethepie Exchange, fluctuating in value depending on the anticipated number of album and single sales
• The album is released on iTunes, Amazon etc and the Artist pays a £2 royalty on every album sale and 20p per single
• The Artist keeps all their copyright and publishing rights and remains free to sign a record deal at any time

Visit the FAQs page to find out more.