BeatSwap is a Web3 platform designed to tokenize intellectual property rights (IP-Rights) as on-chain Real-World Assets (RWAs). The project aims to establish a decentralized infrastructure for the creator economy, allowing creators to fund their work by selling fractional ownership of their IP, and enabling investors and fans to earn from the associated royalties. BeatSwap has introduced proprietary economic models, including "Licensing-to-Earn" (L2E) and "Vault-to-Earn" (V2E), to facilitate the financing, trading, and monetization of creative works. ^{[1] [2]}​

Overview

BeatSwap positions itself as a full-stack infrastructure for IP-Rights, addressing inefficiencies within the traditional creator economy, such as opaque royalty streams and the large share of revenue taken by intermediaries. ^[2] By converting IP-Rights into tradable on-chain tokens, the platform seeks to create a more transparent and liquid market. This model allows for direct and automated royalty distribution to all token holders via smart contracts, providing verifiable records of usage, revenue, and payments on the blockchain. ^[3]​

Co-founder Hazel Lee described the project's ambition, stating,

"Intellectual property is one of the largest and most underutilized real-world asset classes. BeatSwap is building the infrastructure that allows [IP rights to be transparently licensed], monetized and accessed onchain, connecting real usage with real economic value." ^[4]

In a similar vein, founder Veni Cho articulated the vision as an effort "to turn all IP rights, including music, into Web3-based real-world assets, creating a decentralized IP economy led by creators and fans.” ^[2]​

The project's initial focus is on the music industry, encompassing genres such as K-POP, electronic, indie, and experimental music. The platform has plans to expand its scope to include other forms of IP, including from the film and gaming industries. ^[1]​

History

BeatSwap was co-founded by Veni Cho and Hazel Lee. ^{[2] [4]} The platform's foundational component, the BeatSwap Oracle for on-chain IP data management, was the first part of its infrastructure to go live. ^[1]​

In December 2025, BeatSwap launched the first public-facing components of its ecosystem: a licensing system and a snapshot mechanism for royalty distribution. These systems were deployed on opBNB, a Layer-2 scaling solution for the BNB Chain. ^[2] During the same month, the platform introduced its "Vault-to-Earn" (V2E) mechanism, a pre-funding model designed to finance the acquisition of new IP rights for future tokenization. This launch was accompanied by a promotional event to incentivize community participation. ^[4]​

By late 2025, BeatSwap reported significant progress in its ecosystem. The platform had secured over 700 exclusive K-pop IP rights and collaborated with more than 30 creators, including the producer of the song "Rollin'" by Brave Girls. ^[4] Self-reported metrics from this period indicated that the total value of its 100%-owned IP-rights portfolio was $12,814,534, with 2,139,669 royalty-generating paid usage transactions recorded across 699 tracks. ^[1] At the time, the ecosystem had grown to include over 518,000 contributors, and the platform achieved the #1 ranking in the RWA category on Binance's DappBay. ^[4]​

The project's roadmap projects the launch of its social media platform, Space, in March 2026, followed by the full launch of its RWA Launcher and BeatSwap DEX in June 2026. ^[2]​

Technical Architecture

BeatSwap is designed as a "full-stack" solution, comprising four integrated platforms that manage the lifecycle of an IP-Right as an RWA, from on-chain data verification to secondary market trading. ^{[1] [3]}​

Core Platforms

Oracle

The Oracle is the foundational data layer of the BeatSwap ecosystem. Its function is to secure and anchor IP-related information on-chain, including metadata, ownership details, and real-time royalty data. This process ensures the immutability, transparency, and traceability of all IP assets managed by the platform. The Oracle is operational as of late 2025. ^[1]​

Space

Space is a planned creator-focused social platform designed for community building. It will allow creators to launch personalized profiles to connect with fans through ownership-based engagement. Interactions on the platform are intended to be linked to users' on-chain identities, enabling SocialFi-powered reward mechanics. Development of Space is ongoing, with a projected launch in March 2026. ^{[1] [2]}​

RWA Launcher

The RWA Launcher is the tokenization engine of the BeatSwap ecosystem. It enables creators to fractionalize their IP-Rights and launch them on-chain to raise capital. The platform facilitates the distribution of royalties and rewards to token holders through smart contracts. It also supports pre-funding for RWAs, allowing creators to raise funds from the community before an asset is fully produced. The RWA Launcher is scheduled for release in June 2026. ^{[1] [2]}​

BeatSwap DEX

The BeatSwap DEX is a planned decentralized exchange dedicated to the permissionless trading of IP-Rights RWA tokens. It is designed to provide a liquid secondary market where token holders can trade their assets at market-driven prices. Liquidity providers on the DEX will be able to earn rewards from usage-based royalties. The DEX is scheduled to launch alongside the RWA Launcher in June 2026. ^{[1] [2]}​

Key Technologies

BeatSwap's infrastructure integrates several key Web3 technologies:

• RWA Tokenization: The core process of converting legally recognized intellectual property into fractional, tradable blockchain-based tokens. ^[1]
• DePIN (Decentralized Physical Infrastructure Networks): Utilized to verify IP usage data from off-chain sources, providing a transparent and auditable basis for on-chain royalty tracking and automated cash flow distribution. ^{[1] [2]}
• SocialFi (Social Finance): The principles underpinning the "Space" platform, which links social engagement and community interactions to on-chain identities and financial rewards. ^[1]
• opBNB Network: The initial version of BeatSwap's licensing and snapshot system was launched on opBNB, a Layer-2 scaling solution for the BNB Chain, to facilitate high-throughput and low-cost transactions. ^[2]

Economic Models

BeatSwap has developed two primary incentive mechanisms to drive participation and fund the acquisition and utilization of IP.

Licensing-to-Earn (L2E)

Licensing-to-Earn is a usage-based reward model that distributes incentives to participants for activities that generate value for the platform's IP portfolio. The mechanism links real-world IP licensing and usage activity to on-chain rewards. ^{[1] [2]}​

The L2E system operates through the IP Licensing Index (IPL), a non-transferable, soulbound-style token that is minted to a user's wallet to measure their verified contributions to the ecosystem. BeatSwap takes periodic snapshots of IPL balances to determine the proportional distribution of its native reward token, $BTX. ^[1]​

Users can earn IPL through three primary methods:

1. Unlock Reward: Minted when a paying user unlocks a verified IP asset on a partner platform.
2. Royalty Reward: Minted to the IP rights holder when royalty income is received from verified usage.
3. Stream Reward: Minted to a user when a verifiable usage event, such as a stream or play, occurs. ^[1]

Vault-to-Earn (V2E)

Introduced in December 2025, Vault-to-Earn is a pre-funding mechanism designed to proactively finance the acquisition of new IP rights before they are tokenized as RWAs. This model aims to create a pool of capital that allows the platform to secure valuable IP and expand its RWA library. ^[4]​

In the V2E system, users deposit assets into the "IP Licensing Vault." In return for providing this liquidity, they receive upfront incentives and accumulate "vault power." Vault power is a metric calculated based on the size and duration of a user's deposit, and it determines their proportional share of the rewards distributed by the mechanism. ^[4]​

Tokenomics

BeatSwap's token economy is built around its native utility token ($BTX), asset-specific RWA tokens, and its contribution-tracking index.

$BTX Token

$BTX is the primary utility and reward token of the BeatSwap ecosystem. It is central to the platform's operations and is used to distribute incentives for both the Licensing-to-Earn (L2E) and Vault-to-Earn (V2E) mechanisms. The token also plays a role in powering the RWA Launcher for launching new IP-based assets. ^{[1] [4]}​

As of December 2025, the $BTX token had been listed on several cryptocurrency exchanges, including programs such as Binance Alpha and OKX Boost, as well as on platforms like Gate.io and MEXC. ^[4]​

Asset-Specific RWA Tokens

The platform's architecture indicates that each tokenized intellectual property asset will have its own distinct token structure and economic model. These RWA tokens represent fractional ownership of the underlying IP and grant holders a claim to its associated revenue streams. ^[3]​

IP Licensing Index (IPL)

The IPL is a non-transferable, soulbound-style token that serves as a quantitative measure of a user's contributions to the ecosystem's value. It is not a tradable currency but rather a metric used to calculate and allocate $BTX rewards from the L2E model, ensuring that the most active and impactful participants receive a proportional share of the incentives. ^[1]​

Ecosystem

The BeatSwap ecosystem includes a growing portfolio of intellectual property, a network of creators, and a list of strategic partners and investors.

IP Portfolio and Creators

BeatSwap's initial focus is on music IP, particularly from K-pop, electronic, and indie genres. As of late 2025, the platform had secured the rights to nearly 700 music tracks, cataloged in a public-facing "Web3 Copyright List." ^{[1] [3]}​

The platform has onboarded numerous creators who have secured their IP for RWA tokenization. Featured artists listed by the project include:

• A mole (Singer-Songwriter)
• Han Ji yeon (Grand Prize winner at Hyundai H-Star)
• Inna (Vocalist)
• Jack & Whale (Rapper from "Show Me the Money")
• Jaehee (Former member of K-POP group BONUSbaby)
• Jeong Jun hee (Achieved #1 on the Naver Rock Chart)
• karacin jr (Rookie Award winner at K-STAR AWARDS)
• Na Ye dam (Vocalist) ^[1]

Partners and Investors

BeatSwap lists a number of entities in a combined "Partners & Investors" section, categorized by their area of focus:

• Blockchain & Infrastructure: ICP, BNB Chain, Gate Web3, SEA DePIN
• Venture & Ecosystem: ABC, Quantum, Zeta, Union, Sky
• Industry & Media: RWA.xyz, Cointelegraph, BlockBeats
• Platforms & Exchanges: Taskon, Gate.io, Mexc
• Wallets & Services: DCENT, Piggycell ^[1]