Midas

Compensation

Full Description

Midas aims to pioneer music event ventures focused on bringing next-generation US and European underground music IP, including underground festivals, artist-led showcases, and innovative club brands, into the rapidly expanding Korean and broader Asian market. Headquartered in Seoul, Asia’s cultural and music trend epicenter, we are positioned to effectively scale and innovate live music experiences that blend global influences with localized cultural resonance. This is a partnership, not a job. If you want a real slice of Asia’s evolving music culture, step in and co-build. What We’re Doing Bringing over US and European music event IP (festivals, artist showcases, club brands) and planting them in Asia, starting with Korea. Why Korea The Asia Pacific music festival and live entertainment market is experiencing rapid growth, with projections exceeding $58 billion by 2030 and a CAGR above 25%. Korea serves as a critical gateway for this expansion due to its trendsetting youth demographics and a festival attendance growth rate of 25-35% annually. Beyond mainstream K-pop festivals, there is a large, underserved demand for underground and alternative music experiences that cater to emerging audiences seeking fresh formats and authentic cultural connections. We aim to addresses this gap by licensing and localizing proven global IP while simultaneously developing proprietary event brands for long-term market leadership. What We Bring • Sponsor access in fashion, luxury, F&B, and consumer tech • Local operating team in Korea with market expertise and execution capacity • Local media and cultural credibility • Regulatory relationships that keep licensing and compliance straightforward Role - Strategic Advisor • Focused on facilitating connections and deal flow • Equity: 7–15% stake • Revenue Share: 1.5–6% on projects you bring in • For rainmakers who open doors Who Fits • Event creators, promoters, or producers with a proven track record of building or scaling music IP • Professionals with 5–10+ years in live music, nightlife, or cultural IP operations • Operators who can move comfortably between creative and business What You’ll Do • Source and secure licensing for US/EU event IP (festivals, clubs, showcases) • Help scale with meaningful influence and ownership How to Connect Prospective partners are encouraged to apply by submitting their credentials.