FRIENDSHIP. DAO
FRIENDSHIP. DAO is a Tokyo-based blockchain collaboration platform, founded by HIP LAND MUSIC, ParadeALL, and Fracton Ventures, that enables independent artists, curators, music industry professionals, and media to participate in a tokenized global music ecosystem without cross-border contractual barriers.
- Company typePrivate
- Founded2022
- HeadquartersTokyo, Japan
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What FRIENDSHIP. DAO does
FRIENDSHIP. DAO is a Tokyo-based, blockchain-based music collaboration platform launched in 2022 as a Web3 extension of the existing FRIENDSHIP. digital music distribution brand. It was formed as a coalition of three Japanese companies — HIP LAND MUSIC (label and distribution), ParadeALL (music/creative), and Fracton Ventures (Web3 engineering) — and is operated with copyright held by HIP LAND MUSIC CORPORATION INC. The platform is positioned as a "next-gen global community for independent artists" that enables artists, curators, music industry professionals, media, and (planned) listeners to participate directly without navigating cross-border contracts or tax systems, on an energy-efficient blockchain with reduced power consumption.
Core product capabilities include a Dashboard (alpha version currently in progress) as the primary user interface, a Token Graph function for visualizing community contributions and relationships, Membership NFT-based voting for decentralized governance, MusicNFT Management for NFT issuance and lifecycle, and FS Points (FSP) as a contribution reward mechanism. Distribution is currently invitation-only through an application form, with go-to-market driven by segmented information sessions for artists, curators, and music industry professionals, Music NFT release events, and a planned live event. The project has publicly committed to transitioning governance from the three founding companies toward a decentralized DAO structure as the platform matures.
No revenue model, pricing, or monetization mechanics have been disclosed; the platform remains pre-commercial, with the dashboard in alpha, the first MusicNFT release in progress, and listener onboarding and global-participant information sessions on the public roadmap. Headcount is approximately 11, blending music-industry operators, active musicians (LITE, The fin.), curators, artist managers, and Web3 engineers.
FRIENDSHIP. DAO firmographics
Firmographics- Name
- FRIENDSHIP. DAO
- Legal name
- FRIENDSHIP. DAO
- Website
- https://friendshipdao.xyz
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FRIENDSHIP. DAO is a Tokyo-based blockchain collaboration platform, founded by HIP LAND MUSIC, ParadeALL, and Fracton Ventures, that enables independent artists, curators, music industry professionals, and media to participate in a tokenized global music ecosystem without cross-border contractual barriers.
- Ownership category
- akta.pro rank
FRIENDSHIP. DAO industry classification
Industry- Product category
- Music Collaboration Platform
- NAICS
- Music Publishers (51223), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Software Publishers (5132)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL)
- akta.pro secondary industries
- Coordination & Contributor Management (tasks, bounties, roles) (FSAPAHAD), Music & Audio NFT Marketplaces (FSADANAD)
Keywords
Where FRIENDSHIP. DAO is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Markets served
FRIENDSHIP. DAO business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
FRIENDSHIP. DAO product offering
Product offeringCore offering
FRIENDSHIP. DAO is a blockchain-based collaboration tool that enables direct contact between independent artists and people who support music (curators, media, industry professionals, listeners) to co-create a global music ecosystem. The platform issues Music NFTs, tokenizes community contributions via FS Points (FSP), and uses Membership NFTs for governance, allowing artists to retain rights while bypassing traditional label structures.
Product overview
FRIENDSHIP. DAO is a blockchain-based music ecosystem platform comprising a core collaboration tool (the Platform) and a Dashboard/Alpha interface for user access. The platform enables artists, curators, music industry professionals, media, and listeners to collaborate across borders without contract or tax complexities. Key features include Token Graph Function for token relationships, Voting Function via Membership NFTs for decentralized governance, MusicNFT Management for NFT lifecycle, and FS Points (FSP) as a contribution reward system. The platform also supports Music NFT releases for artists.
Differentiator
Problem solved
Functional benefit
Products and services
- FRIENDSHIP. DAO Platform A blockchain-based collaboration tool that enables artists and music supporters to connect directly and build a music ecosystem together, facilitating cross-border collaboration without requiring awareness of contracts or tax systems. It supports Music NFT issuance, token-based contribution tracking, and Membership NFT-based governance for independent artists, curators, industry professionals, media, and listeners.
- Dashboard / Alpha Version The main user interface platform providing access to community features, collaboration tools, and management functions for artists, curators, music industry professionals, media, and listeners. Accessed via app.friendshipdao.xyz through an invitation-based registration.
Companies that use FRIENDSHIP. DAO
Customer profileSegments5 records
Ideal customer profiles4 records
FRIENDSHIP. DAO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
FRIENDSHIP. DAO partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
FRIENDSHIP. DAO competitors and assessment
Company assessmentDirect peers
- Sound.xyz: Sound.xyz is a music NFT platform where artists release songs as collectible NFTs and build direct fan communities. Closely comparable to FRIENDSHIP. DAO's MusicNFT and direct artist-to-supporter model.
- Royal: Royal is a music NFT platform that lets artists tokenize ownership stakes in songs and fans invest in tracks. Most directly comparable to FRIENDSHIP. DAO as both target the artist-direct-monetization use case via blockchain tokens/NFTs.
- Catalog: Catalog is a music NFT marketplace focused on single-edition song NFTs with artist-friendly terms. Directly comparable to FRIENDSHIP. DAO's MusicNFT Management feature and artist-rights-retained positioning.
- LimeWire: LimeWire was relaunched as a Web3 music NFT marketplace for artists to release music as collectibles. Comparable to FRIENDSHIP. DAO in the music NFT marketplace category, though LimeWire targets a global audience.
- Audius: Audius is a decentralized music streaming and distribution protocol that lets artists upload, monetize, and retain control. Comparable to FRIENDSHIP. DAO as both use Web3 infrastructure to enable artist-direct distribution and fan engagement.
Broad incumbents
- AWAL: AWAL is a digital music distribution and label-services company serving independent artists. Comparable to FRIENDSHIP. DAO's positioning as a label-replacement distributor for artists who want to retain rights and access promotion support.
- Aragon: Aragon is a leading DAO creation and governance framework on Ethereum. Comparable to FRIENDSHIP. DAO as both enable the formation and operation of decentralized autonomous organizations with on-chain voting and treasury management.
- DistroKid: DistroKid is the largest independent digital music distributor globally. Comparable to the original FRIENDSHIP. digital distributor model that FRIENDSHIP. DAO is built on top of, representing the incumbent Web2 baseline that the DAO claims to replace via Web3.
- Tally: Tally is a DAO governance and on-chain voting platform. Comparable to FRIENDSHIP. DAO's planned voting function via Membership NFT and on-chain governance layer for community coordination.
Emerging players
- Opulous: Opulous is a Web3 platform providing music-backed loans, NFT launches, and artist tokenization. Comparable to FRIENDSHIP. DAO in the music-finance-on-blockchain niche, though Opulous emphasizes lending and royalty NFTs while FRIENDSHIP. DAO emphasizes contribution tokens and curation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
FRIENDSHIP. DAO social profiles
Digital presenceFRIENDSHIP. DAO financial estimates
Financial estimateRevenue estimate
Valuation estimate
FRIENDSHIP. DAO leadership team
Management profileNumber of profiles
Profiles7 records
FRIENDSHIP. DAO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FRIENDSHIP. DAO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FRIENDSHIP. DAO
What does FRIENDSHIP. DAO do?
FRIENDSHIP. DAO is a blockchain-based collaboration tool that enables direct contact between independent artists and people who support music (curators, media, industry professionals, listeners) to co-create a global music ecosystem. The platform issues Music NFTs, tokenizes community contributions via FS Points (FSP), and uses Membership NFTs for governance, allowing artists to retain rights while bypassing traditional label structures.
Is FRIENDSHIP. DAO a public or private company?
FRIENDSHIP. DAO is a private company. It is classified as corporate owned and is currently operating.
When was FRIENDSHIP. DAO founded?
FRIENDSHIP. DAO was founded in 2022. It employs 11 to 50 people.
Where is FRIENDSHIP. DAO based?
FRIENDSHIP. DAO is headquartered in Tokyo, Japan, in the Asia region.
Who are FRIENDSHIP. DAO's main competitors?
Direct peers on record are Sound.xyz, Royal, Catalog, LimeWire and Audius. Broad incumbents are AWAL, Aragon, DistroKid and Tally. Opulous is listed as an emerging player.
Does FRIENDSHIP. DAO have an API?
No public API is recorded for FRIENDSHIP. DAO.
What industry is FRIENDSHIP. DAO in?
FRIENDSHIP. DAO's product category is Music Collaboration Platform. Its primary akta.pro industry code is FSADAMAL, DAO Treasury, Governance & On-Chain Finance Tools, with a secondary code of FSAPAHAD, Coordination & Contributor Management (tasks, bounties, roles). Its NAICS code is 51223 and its SIC code is 6200.