Building the next-generation music infrastructure
Music consumption has gone through a massive digitalization shift in the past years, but the industry as a whole has been slow to follow. Inefficiencies caused by this have led artists to lose tens of billions of dollars in royalty payments each year. Utopia is bringing the power back to the copyright holder by leveraging big data to allocate uncollected revenues in a timely matter. Blockchain is used to track, process, and tokenize music rights, all to create the fair music industry that creators deserve. Utopia has already launched successful pilots and is gaining ground by partnering up with prominent industry leaders.