What is Melodex?

Melodex – On-Chain Marketplace for Music Royalties

Spotify Meets Wall Street

Built on Polygon

Melodex transforms music royalties into a liquid, tradeable asset class through a decentralized marketplace where you can discover, and buy songs royalties.

By combining royalty tokenization, on-chain auctions, and decentralized trading, Melodex enables emerging artists to access capital while allowing you to participate in the economic success of music.

Think Spotify meets NYSE.

How Melodex Works

Step 1 — Song Tokenization

Each song is tokenized into a fixed supply of Song Tokens (ST), representing fractional rights to future royalty streams.

Step 2 — Primary Auction

Song Tokens are offered through on-chain auctions where investors compete to establish market value.

Step 3 — Secondary Trading

Following the auction, liquidity pools are created, enabling Song Tokens to trade freely against USDC on decentralized exchanges.

Step 4 — Royalty Distribution

Streaming, licensing, synchronization, and other music revenues are converted into stablecoins and distributed proportionally to Song Token holders.

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Autonomous AI Agent

At the heart of Melodex is our Autonomous AI Agent — a purpose-built intelligence that continuously analyzes music, fan behavior, and engagement signals to identify promising emerging artists before they break into the mainstream.

Unlike traditional recommendation engines that react to listening trends after release, our AI evaluates potential ahead of time, combining audio signal analysis, audience interaction patterns, and predictive modeling. It learns from proprietary data gathered from a global community, enabling more accurate discovery with each interaction.

This agent drives fairer, faster, and more efficient talent identification for artists, industry professionals, and music lovers alike — transforming music discovery from intuition-based guesses into evidence-based decisions.

Our partners

Enabling an infinitely scalable web of sovereign blockchains that feels like a single chain. Powered by ZK tech.

Polygon

European Institute of Innovation & Technology

EXPLORE

Our acheivements

EU Seal of Excellence (2025)

Awarded by the European Commission under Horizon Europe, recognizing Djooky/Melodex as a high-quality innovation project with strong technological merit and impact potential.

Luxembourg Venture Days Winner (2025)

Selected as a winner at Luxembourg Venture Days, highlighting Melodex’s leadership in innovation, scalability, and cross-border relevance within the European startup ecosystem. Read more

EIT Culture & Creativity – 100 to Watch (2026)

Named among Europe’s most innovative ventures in culture and creativity by EIT Culture & Creativity, recognizing Melodex’s contribution to advancing data-driven innovation in the creative industries.

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Press about us

Billboard

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Wired

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Rolling Stone

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Our Roadmap

January, February 2027

Crowdfunding & Community Expansion

Launch the Melodex crowdfunding campaign and expand the early investor and user community.

March, April 2027

AI Agent Optimization

Enhance AI discovery models using expanded behavioral and audio datasets to improve early-stage talent prediction accuracy.

May, June 2027

Artist & Content Scaling

Accelerate onboarding of emerging artists across Europe and selected global markets, increasing platform activity and diversity.

July, August 2027

Platform Feature Expansion

Release new discovery, engagement, and analytics features to support artists, fans, and industry stakeholders.

September, October 2027

Strategic Partnerships

Establish partnerships with music industry players, cultural institutions, and innovation programs across Europe.

November, December 2027

Early Revenue & B2B Pilots

Launch pilot B2B offerings for labels and publishers and secure initial recurring revenue streams.

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Our team

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Andriy Dakhovskyy

Co-Founder & CEO

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Stefan Eghbalian

Co-Founder & CTO

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Illia Lavoshnyk

Co-Founder

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Sofia Bilenko

Co-Founder and CMO

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Oleksandr Kozyura

CSO and Co-Founder

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Nick Dakhovskyy

Chief Legal Officer

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Oleksandr Horovikh

Head of Product

Melodex is your exclusive pass to the secret world of showbiz

CONTACT US

Melodex company s.r.o.
Vosmíkových 930/12, Libeň , 180 00 Praha, Czech Republic

Copyright © 2026 MELODEX. All rights reserved.

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