LiveBash

About LiveBash

LiveBash, Inc. operates as an entertainment technology firm, providing a tangible and digital ecosystem for performers. Founded in 2021 and headquartered in Chicago, the company is the brainchild of accomplished fintech entrepreneurs, trading specialists, and performers, led by CEO John Hart. The venture launched with a significant $21 million seed funding round in April 2022, backed by unnamed fintech pioneers.

The company's business model centers on offering fully-equipped, turnkey performance venues in Chicago and Los Angeles. These physical stages are available for rent to a wide array of clients, including musicians, comedians, corporate clients, and production companies, for events like live shows, film shoots, private parties, and global livestreams. Revenue is generated through an "Airbnb-style" booking platform where artists reserve stage time, paying a reservation fee upfront. The company also profits from private event rentals and offers production services.

A core component of LiveBash's strategy is the integration of blockchain technology. This allows for the seamless transformation of live performances into digital collectibles or NFTs. Artists can livestream their shows and, with the push of a button, mint segments of the performance on the blockchain. This creates an immediate revenue stream for artists, who reportedly receive 80% of the profits from the sale of these digital assets. Subsequently, fans and collectors can buy, trade, and hold these unique performance segments. Beyond the stage, the company provides comprehensive support, including promotional materials, professional audio/visual equipment, and a production team to manage events from start to finish.