frequently asked questions

What does ISRC mean?

The International Standard Recording Code (ISRC) is an international standard code for uniquely identifying sound recordings and music video recordings.

An ISRC identifies a particular recording, not the work (composition and lyrical content) itself. Therefore, different recordings, edits, and remixes of the same work should each have their own ISRC.

What does ISWC mean?

International Standard Musical Work Code (ISWC) is a unique identifier for musical works, similar to ISBN for books.

What does Web 3.0 mean?

Web3 (also known as Web 3.0 and sometimes stylized as web3) is an idea for a new iteration of the World Wide Web based on blockchains, which incorporates concepts including decentralization and token-based economics.

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What is a token?

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Technically, “token” is just another word for “cryptocurrency” or “cryptoasset.” But increasingly it has taken on a couple of more specific meanings depending on context. The first is to describe all cryptocurrencies besides Bitcoin and Ethereum (even though they are technically also tokens). The second is to describe certain digital assets that run on top of another cryptocurrencies’ blockchain, as many decentralized finance (or DeFi) tokens do. Tokens have a huge range of potential functions, from helping make decentralized exchanges possible to selling rare items in video games. But they can all be traded or held like any other cryptocurrency.

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What do we offer?

Six tools to make royalty administration easy & compliant, automatically grow your revenue, be found across the industry, manage contracts, sign templates, all using the same software. Conveniently and privacy by design, built on core technologies by the largest banks of the world. You control your data, rights & contracts.

How does a vault work?

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Your private place to manage your statements, splits, masters, ISRCs and digital contracts (music, publishing, NFTs). You decide who can access your data, join your contracts, license your songs & rights, etc. Your Swiss vault within the DRX banking blockchain network.