Company attributes
Other attributes
Artists face significant barriers to entry in the music industry. Our mission is to accelerate artists’ growth to help them capture more value from their careers. Just as streaming platforms democratized audiences, we aim to democratize ownership and participation with Decent.
1. Artists commit a percentage of future streaming royalties for a fixed period of time.
2. Artists release NFTs through Decent that fans can purchase to support artists’ growth by providing upfront capital.
3. Artist royalties are held on-chain for transparent accounting within Decent’s vaults.
4. Royalties generate yield within Decent’s vaults during the committed period. Royalties are more valuable on Decent.
5. By holding artist NFTs, fans gain access to gated communities and other perks.
6. NFTs can be traded on the secondary market at any point.
7. After the royalty commitment period expires, fans can redeem their NFTs with Decent at a price driven by the artist’s change in popularity.
8. NFT holders that redeem receive a free NFTs for continued access to artists’ communities.