Royalty Splits

Overview

Revelator has introduced a new way for settling royalty payments in USDC using Royalty Splits—a smart contract that automates royalty distribution to multiple parties on blockchain. This helps reduce friction for cross-border payments and opens up new funding opportunities for payees to leverage their earnings.

Royalty Splits are a product of Revelator's blockchain protocol — Original Works. This feature is currently in beta. To request access or schedule a walkthrough, please contact [email protected].

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Who Is It For?

• Artists, Songwriters, Rights Holders: receive royalties onchain, empowering self-management of their assets, and access to new funding opportunities.

• Music Businesses, Record Labels, Distributors, Royalty Admins, etc: orchestrate complex royalty settlement to payees in USDC — a stable digital currency that mirrors the value of the US dollar.

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Key Benefits

Seamlessly add onchain payments to your business without forcing payees to be blockchain experts on day one.

Payees don't need wallets to get started—auto-generated Royalty Vaults allow them to receive royalties onchain until they're ready to connect or create their own wallet.

Our flexible approach means payees familiar with web3 can connect a wallet they already use, while those getting started can create a wallet with just their email (no complicated steps required).

New funding opportunities empower payees (especially in emerging markets) with ways to leverage their onchain royalties.

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Guides

Creating Royalty Splits

Receiving Royalty Splits

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Frequently Asked Questions

Does it cost anything to create a Royalty Split?

Royalty Split creation is included FREE as part of your subscription.

When interacting with blockchains (we support Base & Polygon) to perform transactions, usually network fees called “gas” are incurred to post and validate transactions. Transactions generally cost less than $0.01 to perform in most instances.

What types of assets can be linked to a Royalty Split?

Currently just tracks, and they must meet the following requirements:

• Completed track metadata

• Assigned a valid ISRC

• Distributed live under Revelators deals to at least Apple Music or Spotify

• No flagged streams or fraud incidents

• Does not appear on any track level contracts

More asset types will be available to tokenize in the future.

What if my payees are unfamiliar with web3/blockchain?

Onboarding Payees To Royalty Spits

When Payees are new to web3 and do not yet have a wallet, we will auto-generate a Royalty Vault attached to their portal account to receive and store their Royalty Splits and royalties paid in USDC.

When a Royalty Spit is created and vault created for a Payee, the'll receive an email with instructions for how they can take custody and claim their Royalty Split by connecting a wallet to their account.

They can then download Revelator Wallet to view and manage their Royalty Splits, and receive their royalties directly.

Check out our article on Receiving Royalty Splits for more.

Can I disconnect a Royalty Split from an asset once created?

Yes!

If you made a mistake or ever wish to undo the connection between an asset and Royalty Split, you may contact [email protected] to manage this for you.

Once disconnected, you can either create a new Royalty Split or use a standard contract to distribute royalties to payees.

What blockchains and cryptocurrencies do you currently support?

We support Royalty Split creation on Base and Polygon, paying royalties onchain in USDC.

If you would like to create your Royalty Splits on a different blockchain, please contact [email protected].

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Additional Resources

• Learn more about Original Works

• Payees can access and manage their Royalty Splits on Revelator Wallet

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Next Steps & Future Releases

• Royalty Split Enhancements: Added support for displaying more data about your Royalty Splits within your account and your Payee Portals.

• Account Abstraction: The ability for you to cover network costs (gas fees) for your payees, associated with specific wallet transactions (such as transfers, advances, and offramps to banks).

• Offramp Providers: Available on the Revelator Wallet app already, we aim to integrate with global offramp providers so you and your payees can easily move funds from digital wallets to local bank accounts.

• Customisable Terms: Added support for customising Royalty Split terms, allowing you to create multiple Royalty Splits for the same asset related to different revenue sources.

• Privacy Enabled: Splits and payments are currently public transactions posted on supported blockchains, however Original Works is actively working on privacy enabled features that will be implemented soon.

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Support & Maintenance

If you need help, contact [email protected] for assistance with:

• Troubleshooting Royalty Split creation

• Payee wallet setup

• Handling 2FA or email verification issues

• Questions about Payee Vaults or claiming balances

We hope this new feature helps you embrace USDC payments and get paid seamlessly onchain. Happy royalty collecting!