Update: Auction Closed
Closing price – $107,500 by “Dustin C”
See below for original details:
Royalty Exchange Auction
Latest information for the auction of Cam Meekins’ independent Hip Hop release:
Starting Price: $37,000
End Date: Oct 20, 2017, 3:00 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months’ Royalties: $15,772
Royalty Type: Sales and Streaming
First Payment: December 2017
Buyer Fees: 5% Administration Fee
Facts about 1993, Vol. 2
Released 20th May 2014
10 songs (36 minutes)
Cam Meekins currently has 5 albums in his discography, this one is the ‘middle’ album (there have been 2 released since).
About Cam Meekins
DOB: Mar 14, 1995 – Age 22
Rap singer, record producer, and entrepreneur who charted on Billboard and iTunes with his albums Lamp City and 1993, Vol. 2. He is the founder of the record label Lamp City Records.
Growing up, he was involved in many musical singing groups and played on his school’s basketball team. Cam Meekins moved to Los Angeles when he was 18 years old to pursue a career in music. He signed his first recording contract with Atlantic Records that same year, eventually leaving to start his own venture. He was born and raised in Boston, Massachusetts.
02 Wiz Khalifa lyrics
05 Slow Down lyrics
5.0 / 5
06 Oh Word?!
07 Where It All Comes From
08 Top of the World
09 Run Around
10 Gone (Reprise)
What type of rapper is Cam Meekins?
Think white, surburban Drake, Lil Dicky, G-Eazy, Asher Roth, Nostralgia Ultra-vibe Frank Ocean type rapper (“But I keep rollin’, this is what dreams are made of”). Production is a mash-up of OVO label’s Noah ’40’ Shebib and Blink 182.
Does the $37,000 for the project represent real value?
Basically, Royalty Exchange is predicting that you’ll see returns of $1,400 per month based on last year’s earnings. 1993, Vol. 2 has had no ‘commercial’ break through single, big media coverage (feature on Hip Hop sites or radio play) and as an older piece of Cam Meekins’ recording catalogue it likely won’t receive the same level of promotion garnered by newer releases. That being said, the artist is young, ambitious, and with 5 projects in the pipeline looks determined to keep pushing out material to his loyal fanbase.
HNHH thinks that you could expect to see returns of $800 – $1,000 per year off of this investment for the next 10 years. So expect earnings of aproximately £10,000. At $37 K this catalogue is over priced by 3.7 times.
Based on this evaluation HNHH has declared this stock option to be a 2.5* rated investment (medium).