# Soundstate

**Source:** https://www.startuphub.ai/startups/soundstate
**Profile type:** Startup

> Soundstate is building a decentralized, open-source protocol for music rights management and royalty distribution using blockchain technology.

## About

Soundstate is developing a decentralized, open-source protocol designed to streamline music rights management and royalty distribution. By leveraging blockchain technology, it aims to provide transparency and efficiency for artists, labels, and other stakeholders in the music industry, ensuring fair and accurate compensation.

## Key facts

- **Slug:** soundstate
- **Website:** https://soundstate.io
- **Operating status:** Active
- **Sectors / tags:** Blockchain, Web3, Music Tech, Fintech, Decentralized Finance, Digital Rights Management, Royalty Management, Creator Economy, API Platform

## Frequently asked

### What does Soundstate do?

Soundstate is developing a decentralized, open-source protocol designed to streamline music rights management and royalty distribution. By leveraging blockchain technology, it aims to provide transparency and efficiency for artists, labels, and other stakeholders in the music industry, ensuring fair and accurate compensation.

### What industry does Soundstate operate in?

Soundstate operates in Blockchain, Web3, Music Tech, Fintech, Decentralized Finance, Digital Rights Management.

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