Dequency

Dequency is a decentralized marketplace focused on music synchronization licensing, leveraging Web3 technology to connect music rights holders directly with visual content creators.

Founded in early 2021 and based in Los Angeles, California, Dequency aims to streamline the licensing process by removing intermediaries and enabling peer-to-peer transactions. The platform allows music rights holders, including independent artists and music publishers, to set their own licensing fees and receive instant cryptocurrency payments. Visual creators, such as filmmakers and game developers, can access a vast catalog of music, reportedly containing up to 90 million songs, and use smart contracts to secure licenses quickly. Dequency's innovative approach includes on-chain licensing and a focus on Web3-native content, making it a unique player in the music licensing industry. In April 2024, Dequency merged with The Rights, launching the "The Rights Sync Licensing Clearance Platform," which enhances its offerings by providing a comprehensive database and streamlined licensing processes.