Musicow, Thornapple 'Hannat' Auction Commemorative Goods Event

Cultural finance company Musicow announced on the 22nd that it will hold a special event to commemorate the auction of the band Ssonapple's song 'Hannat'.

Musicow. [Photo by Musicow]

Since noon on the 20th, Musicow has been conducting an auction for 2,500 shares of music revenue securities based on the neighboring rights of Ssonapple's 'Hannat' (starting auction price 14,000 KRW). Participants must pay a 100% deposit to join the auction, and winners are determined sequentially starting from the highest single bid.

The auction will run until 9 PM on the 26th. However, if all the planned quantity is sold at the ceiling price of 18,200 KRW, the auction will close early. The music revenue securities for 'Hannat' will be issued on the 2nd of next month and listed on the Musicow market starting from the 3rd.

Musicow is holding an event where customers who win 15 or more shares of music revenue securities during the auction period will be entered into a draw to receive special goods. Through this event, six people will be awarded Ssonapple's personally signed guitar (1 person) and signed LPs (5 people).

Detailed information about the Ssonapple 'Hannat' auction and event can be found through the official Musicow app.

A Musicow representative said, "According to research by a global consulting firm, 21% of Musicow investors decide to invest for 'cultural satisfaction.' We planned this event to revive the meaning of 'cultural finance' so that customers can share not only simple music consumption but also the artist's experience."

This content was produced with the assistance of AI translation services.