Fairphonic

Due to incomplete copyright database and the limitations of existing technology, 25% of royalties from digital music platform is unpaid or paid to the wrong artists and creators. For payments identified, intermediaries are taking up to 52% commission for royalties processing.

Powered by their proprietary AI Audio Fingerprint, Fairphonic identifies both the artists and creators behind each music, tracks the music usage and empowers platforms to issue direct payment to the right artists and creators.

Fairphonic has onboarded 3 music platforms and are currently in advanced talks with major music companies controlling 70% of the music market.