SoundCloud’s new, game-changing payout model

In other words, what happens when the fanbase is able to give the artist an advance to do their work and get exposed the financial upside of the project?

platforms and networks built on the rails of blockchains are able to distribute tokens of ownership to anyone they wish, whether they’re a founder, a full-time employee, or a valuable community member. Imagine if Bandcamp had been a Web3-native company — could part of the proceeds from its recent sale to Epic Games have been distributed to the arti... See more

If we tokenize Soundcloud, and transfer its governance to a network of token holders, it will represent the first of many seismic shifts towards collective ownership, and an historic victory for the decentralized cryptocurrency space over the prevalent, advertising driven, era of the web.

Royal is a new platform that enables artists to crowd-fund creative projects using smart contracts that pay backers (holders of tokens called limited digital assets) with a share of the project’s earnings from royalties.