SAFE is a Web3 infrastructure company providing streaming directly on major digital streaming platforms, IP tracking, and automated royalties for music NFTs. Our patent-pending API is a B2B enterprise resource solution and technological bridge between Web 2.0 and Web 3.0. We are merging the existing infrastructure of music streaming platforms and the new era of Music NFTs.
Simply put, SAFE's API allows record labels and DSPs to stream, track, and collect royalties for music NFTs. This is crucial for the music industry to capitalize on the new technology and remain competitive in the market.
SAFE is a hybrid centralized and decentralized application that allows users to manage owned NFTs and corresponding royalties. Users receive unique identifiers to track an NFT's usage, analytics, royalties, etc. across platforms. The API consists of an interconnected system between the web application and proprietary smart contracts, built using a hybrid back-end with connectivity to a centralized off-chain database and on-chain smart contracts. This allows SAFE to connect on-chain music NFTs to off-chain streaming platforms.
SAFE's API can welcome major record labels like Universal Music Group ($9.4b), Sony Music ($9.12b), and Warner Music Group ($5.3b), as well as major digital streaming platforms like Spotify (180m subs), Apple Music (88m subs), and Amazon Music (70m subs) to the web3 space. SAFE uses blockchain, smart contract, Metamask, and WalletConnect technologies, to provide IP tracking, automated royalty services, and direct streaming on digital streaming platforms for music NFTs.
SAFE was founded by Tommy Luginbill, an active NFT IP owner and finance, blockchain, and alternative investments expert, and Dominic Fragman, a 15-year music industry veteran with live, TV, radio, and virtual performance experience.
SAFE's API will be a game-changer for the music industry as it will enable DSPs and record labels to stream and monetize NFTs, and provide transparency and traceability of NFT usage. This is not currently possible without the SAFE API.
