In the music fintech world, Djooky is working on a new product, DjookyX, a music rights marketplace.
Fans will be able to acquire and trade music rights at will after the platform’s secondary sales is launched in early 2022. Artists and labels will “auction current and future rights, be it in the song, recording, or both”. The idea is that they will “auction claims for payment arising from the use of their music, and maintain ownership of their copyrights”.