Hitmakr Whitepaper
  • 🎯Intro
    • Philosophy
    • Declarations
      • Holders
      • Artists
      • Producers
      • Musicians
      • Content Creators
      • Music Enjoyers
  • πŸ˜–The Issue
    • 😞The Problem
      • Middlemen
      • Royalty Mismanagement
      • Collaboration Complications
    • πŸ˜€The Solution
  • πŸͺ™Tokenomics
    • PROOF Platform
  • 🌌Ecosystem Overview
    • SKALE Chain
      • ⛓️SKALE Partnership
    • Web3 Audio Storage
      • πŸš€$HMKR Nodes
    • 🏭Factory
      • 🎟️Metadata Management
      • Licensing
      • Royalties
        • Team Splits
    • πŸͺStorefront
    • Streaming & Compensation
      • 🎁Reward Block
  • πŸ“ˆNetworking
  • πŸ”ŽComparative Analysis
  • Roadmap
    • πŸ’ͺAssemble!
    • πŸ—ΊοΈOverview
      • πŸ’ΏAlpha
      • πŸ“€Beta
    • 🎊Release
  • Outro
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  1. Ecosystem Overview
  2. Factory

Royalties

Once a song goes live on Hitmakr's platform, royalties generated from streams, downloads, or other forms of usage are automatically distributed according to the predetermined splits encoded in the smart contract. This ensures that every contributor receives their rightful share of earnings instantly, without delays or intermediaries.

Moreover, the decentralized nature of the blockchain guarantees that these royalty payments are perpetual, providing a reliable source of income for creators over time. Whether it's a hit single that continues to generate revenue for years or a newly released track, contributors can rest assured that they will receive their royalties accurately and consistently, fostering trust and collaboration within the Hitmakr community.

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Last updated 1 year ago

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