Simulated venue · Virtual currency
The exchange for
what happens next
in music.
Buy and sell royalty shares in 253 real artists against a live automated market maker. The clock never stops, 32 algorithmic traders push the quotes around with you, and every credit is virtual.
Guest access asks for nothing at all
Playboi Carti40.82Live
Playboi Carti29.05▲ 0.00%SZA198.65▲ 0.00%Travis Scott162.69▲ 0.00%Summer Walker43.18▲ 0.00%
Brent Faiyaz124.69▲ 0.00%
Kendrick Lamar81.58▲ 0.00%
Lil Baby205.89▲ 0.00%
Giveon26.59▲ 0.00%
Victoria Monét75.08▲ 0.00%
Jhené Aiko140.77▲ 0.00%There is no queue to jump.
Every market is a logarithmic market scoring rule. Liquidity is always there, the price is a closed-form function of net position, and your slippage is quoted exactly before you commit — not estimated.
Priced, not matched
price = vMax · σ(q ⁄ b). Depth comes from the cost curve, so a thin name is thin for a reason you can read off the ladder.
Impact you can see
The ticket shows fill price, average price and the mark it leaves behind, before the trade. Size into a small market and you will watch it cost you.
Fundamentals underneath
Listener counts compound on a heavy-tailed process with a hidden hazard rate. Most names fade. A few go vertical.
The board
Every listing, ranked.
One table, ordered by whatever you care about — monthly listeners, biggest growth, price high to low, rap or R&B. Every name is a link through to that artist's biography, catalogue and full market history.
Travis ScottHip Hop162.69SZAContemporary R&B198.65GiveonContemporary R&B26.59Jhené AikoContemporary R&B140.77Playboi CartiRage29.05Kendrick LamarHip Hop81.58Lil BabyHip Hop205.89Your book
Separate capital, shared market.
Everyone who signs in gets their own cash, positions and equity curve. The market is shared — two people trading the same name move each other's marks — but the book is yours. Mean-variance analytics sit on top: beta against the index, idiosyncratic volatility, appraisal ratio, concentration against a limit.
The primary market
Artists sell a slice of the future.
An emerging artist raises credits against a share of future royalties, and the engine pays that share month by simulated month along whatever path the artist actually takes. Offerings are priced off the market's tier-based hazard estimate while the real hazard is drawn per artist — so sellers who are worse than they look are systematically happy to sell.
The lab
Shown, not asserted.
Survivorship bias, adverse selection and the limits of diversification, measured off this run's own data rather than described. Kaplan-Meier survival with confidence intervals and right-censoring, segmented on where an artist debuted. Monte Carlo over ten thousand paths. A discounted cash flow you can push the discount rate through.
The clock
Run a decade before lunch.
The venue runs on its own clock, in a long-lived server process rather than a page. Leave it at real time, or wind it to a month a minute and watch careers resolve. Jump forward, pause, or reset the whole universe back to its seed and get the identical run again.
Open a book in a minute.
100.0k virtual credits, 253 listings and a market that has been running since before you got here.
Artist names, photographs and genres on this page are real, from Wikipedia and MusicBrainz. Every price, listener count, royalty figure and chart is simulated — generated by a seeded random number generator and describing nobody. No affiliation with or endorsement by any artist named here is implied.