The problem Coda solves
The music industry is built on outdated, centralized systems that make it difficult for independent artists to access fair funding and impossible for fans and investors to participate in the value of the music they love.
Traditional contracts take months, involve intermediaries, and force creators to** give up most of their rights** in exchange for short-term advances.
The Solution: Coda
Coda turns music royalties into digital assets called Royalty Rights Tokens (RRTs), issued and traded transparently on-chain.
Our platform offers fast, low-cost, and secure transactions that make royalty ownership accessible to anyone, even without crypto experience.
What People Can Use It For
Artists
- **Raise capital **instantly by selling small portions of future royalties.
- Keep creative control and full transparency over who owns what.
- Automate royalty distribution through smart contracts.
Fans & Investors
- Buy fractional shares of songs and earn royalties as revenue comes in.
- Track ownership value, trading prices, and reward history on a live dashboard.
- Participate in the growth of artists they believe in turning fandom into ownership.
Everyday Users
- Use Fiat Accounts (proxy wallets) or Crypto Wallets to trade tokens and earn royalties.
- Enjoy on-chain security while interacting through a clean, Web2-like experience.
So inbetween https://devfolio.co/@pathin and Me, we coded the whole Frontend, Backend and Smart Contracts, for this idea to become alive.
Link to the GitHub Repo of your project
Live URL of your project
What is your product’s unique value proposition?
Coda bridges the gap between Web3 infrastructure and real-world music rights.
Our unique value lies in making music royalties investable, tradable, and transparent — without requiring users to understand crypto or handle wallets.
Unlike platforms that merely tokenize assets, Coda offers a hybrid experience that works seamlessly for both crypto-native and mainstream users:
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Every user can activate a **Fiat Account ** which is a proxy smart wallet deployed on-chain.
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Users can purchase, trade, and earn from Royalty Rights Tokens (RRTs) directly in USD or crypto, while Coda securely signs blockchain transactions on their behalf.
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Advanced users can connect existing wallets (e.g., MetaMask, Coinbase Wallet, or WalletConnect) to manage or trade their assets independently.
This inclusive approach allows both newcomers and Web3 natives to participate in the same transparent on-chain ecosystem.
Our alpha build validates this value by:
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Demonstrating end-to-end tokenization and sale of real music assets (ERC-1155 RRTs).
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Enabling fiat purchases with automatic wallet deployment and signature abstraction.
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Displaying live price charts, royalty history, and USD conversion for each RRT.
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**Distributing royalties transparently **via smart contracts.
This proves that complex on-chain music investment flows can be simplified for mass users — without compromising security or transparency.
Who is your target customer?
Our target users fall into two complementary segments:
- Independent Artists & Labels: Creators seeking funding while retaining ownership.
They use Coda to finance releases or marketing campaigns without relying on predatory label deals.
- Music Fans & Retail Investors: People who want to support artists or diversify their portfolios.
Coda lets them own a piece of the music they love, turning passive listening into active participation. Fans become stakeholders in an artist’s success, while investors gain access to an alternative asset class historically reserved for publishers and funds.
Who are your closest competitors and how are you different?
A traditional marketplace for buying and selling entire royalty streams (music, books, film) via auctions.
Limitations: Centralized, non-blockchain model focused on large catalogs and institutional investors.
Coda's Difference: Fractional, on-chain ownership accessible to fans and creators, with automated royalty payouts and fiat onboarding.
A regulated platform offering fractional “Royalty Shares” in music as SEC-qualified securities.
Limitations: Heavy compliance, limited community features, and no blockchain transparency.
Coda's Difference: Blockchain-native, community-driven, fiat + crypto friendly, and focused on both creators and fans.
Lets artists tokenize royalty rights via NFTs for fan ownership (e.g., Nas’ early releases).
Limitations: NFT-centric, limited secondary trading and fiat access.
Coda Difference: Full ecosystem for tokenization, trading, and royalty distribution — combining Web2 simplicity with Web3 transparency.
What is your distribution strategy and why?
We’re using a community-driven, creator-first growth strategy, supported by strategic partnerships and data-driven acquisition:
Existing Rights Acquisition:
Coda will onboard and tokenize existing music catalogs from artists and rights holders to showcase real, revenue-generating assets. This accelerates liquidity, builds investor confidence, and attracts fans familiar with the songs, creating immediate utility and trust in the marketplace.
Artist Partnerships:
We’ll launch exclusive tokenized releases with early-adopter artists whose existing fanbases become the first wave of on-chain users. These artists act as growth engines for the marketplace.
Community & Social Growth:
We’ll leverage Discord, Instagram, and X for authentic storytelling campaigns built around the message: “Own the music you love.” This community layer fosters education, transparency, and long-term loyalty.
Paid & Influencer Campaigns:
Targeted collaborations with music influencers and retail investor communities on Social Media Platforms will drive awareness and high-intent traffic to the platform.