Blockchain ecosystem for music royalty distributions

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Overview

Client is seeking $20 million to build a Blockchain ecosystem for music royalty distributions, including:

• Digital platform to capture rights, licenses, and process payments with simpler, better and more efficient technology/workflow
• Greater transparency of from where royalties are being derived, control to copyright owners, handle significant and growing data, and faster payments to owners
• Music companies spend millions on custom application development, and then must rewrite software as the industry changes
  • tracking artist rights by spreadsheets and antiquated systems
  • significant opportunity to disrupt this market with more efficient technology
• Client has delivered software solutions for global music industry clients for over twenty years
• Client has consistently generated revenue and earnings from its traditional software services platform