Congratulations to Beatdapp on their $10K win in the Inventures Blockchain Breakthroughs competition! Congratulations to Andrew Batey and the entire team at Beatapp.
Beatdapp is a B2B SaaS that helps music labels and artists track their songs and collect royalties. The Problem is that $4B in music royalties goes missing or uncollected annually. 25% of music streaming is unlicensed. The industry lacks trust or a centralized database for rights management. Beatdapp has developed an enterprise SaaS solution to track IP ownership and usage for music labels. To maintain a trustless system, we’ve created a custom and proprietary blockchain system to track ownership and usage of songs.