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Decent

Decent

Decent enabling fans to support musicians through NFTs. Don't just stream. Own.

OverviewStructured DataIssuesContributors

Contents

decent.xyz
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Non-fungible token (NFT)
Non-fungible token (NFT)
Blockchain
Blockchain
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Music
Music
Investors
Archetype Ventures
Archetype Ventures
Kyrre Gørvell-Dahll
Kyrre Gørvell-Dahll
Palm Tree Crew
Palm Tree Crew
Ilya Fushman
Ilya Fushman
Y Combinator
Y Combinator
Circle Ventures
Circle Ventures
Archetype
Archetype
Total Funding Amount (USD)
3,500,000
Latest Funding Type
Seed
Seed

Other attributes

Funding Round Amount (USD)
3,500,0000
Funding Round Investor
Y Combinator
Y Combinator
0
Token Standard
ERC20
Why build Decent?

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.

How does Decent work?

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.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Decent Releases

https://beta.decent.xyz/releases

Web

References

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