Founders Factory is unlike anywhere else. We create entirely new products from scratch & turn promising concepts into prototypes, & ultimately an MVP, validating decisions commercially along the way to attract a founding team that can spin out into a fully-fledged business.
We believe that by partnering with you, the world's best entrepreneurs, we can build technology companies that solve our world's biggest challenges. We've spent 5 years perfecting a platform that shortcuts - & de-risks - building a business from scratch. We bring together bold ideas, exceptional entrepreneurs, capital, expert operational support, & the scale of our corporate partners, to turn bold ideas into back-able businesses. To put it simply, our Venture Studio is a fast-track for entrepreneurs to go from idea to scale. Together we will 1) validate ideas, 2) build the MVP & 3) test, iterate & acquire first customers. And when we're confident that we've proven the concept (typically after 6-months), we'll help you accelerate your launch with an additional cash injection.
Minty is the latest idea to come out of the Factory & we're looking for a Founder to build the business.
So what is Minty?
The pandemic has hurt the music industry as a whole, with artists bearing the brunt as gigs, & the merchandise revenue they bring has been severely restricted. They already had a bad deal before COVID, receiving only 12% share of the value chain. The winners are the break-out superstars, everyone else struggles to fund their art. At the same time, NFTs have exploded as a way of adding scarcity value to digital assets, but less established artists struggle to adopt this monetization stream due to high complexity, cost & no dedicated solution for the music industry. Minty makes it easy for less established musical artists to make & monetize NFTs of their work, by helping them to mint their NFT, design dynamic artwork & other ancillary assets or offers unique to their collectors, & helping to bring the right eyeballs at the right time to their auctions, & then having a place where passionate collectors can show off their NFTs to their peers. We're building this with one of the largest brewing companies in the world, who have a long history of supporting the music industry. It's hard to frame the opportunity in financial terms as it would be out of date by the time it's published. But if you need convincing there's a market there, you're probably not the right candidate.
The NFT + music space is wide open & waiting for the dominant player to emerge - Minty could turn into a decentralized Spotify, disrupt the major labels, or build the Coinbase for NFT music. We're convinced that the timing is right, that we can bring the right partners & experts together to create huge value, quickly. We just need the very best CEO to lead it.