Dequency

Dequency is the first blockchain-powered sync licensing platform. They are building a decentralized ecosystem where creators can discover each other and easily collaborate on audiovisual projects.

Dequency is built on Algorand, a blockchain that is known for its environmentally friendly "pure proof of stake" consensus mechanism. Initially catering to on-chain content such as motion graphic NFT projects, video games and metaverse productions, Dequency showcases recording artists offering their music to license and facilitates communication between the parties to foster community.

Built with Web 3.0 technology and ethos, Dequency seeks to connect visual creators directly with recording artists and other music rightsholders and provide a simple, transparent, and fun licensing experience. With the ultimate goal to create a fully-decentralized, trustless music licensing marketplace Dequency provides creators income-generating opportunities with minimum fees and instant payment.

FOR VISUAL ARTISTS & CONTENT PRODUCERS

Their marketplace is home to ready-to-sync music for your visual project. Your sync will be legally licensed directly from the music rights owner, and it will be recorded on-chain.

FOR MUSIC CREATORS & RIGHTS OWNERS

By hosting your catalog on Dequency, you’ll put your work in front of visual creators looking to purchase the rights to use your music in their projects. When they mint the license, you’ll be paid immediately, for the lowest possible fees.

Dequency’s goal is to make audiovisual collaboration easy, less expensive and to pay creators instantly. Historically, finding high quality music to use in visual projects has been a cumbersome process involving many different music industry players. It can be difficult to negotiate licenses and can also take a long time for creators to get paid. On top of all that, music companies arranging these licenses take large fees, leaving less money on the table for artists. Because Dequency sync licenses are smart contracts that eliminate third parties, they are able to facilitate instant payment to creators with very low fees, while ensuring the songs are properly licensed for users.

There are three main users of Dequency:

1. Musicians & Rightsowners own music copyright and make their music available for licensing by adding it to our catalog.
2. Visual Creators obtain licenses directly from music rightsowners via Dequency and download the corresponding audio files to use in their visual projects.
3. Community Members fuel the Dequency ecosystem by contributing their taste in various ways to earn unique rewards. More on this soon!