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Rights/Revenue Apportionment
It is expected that the Token||Traxx platform will enable a Creator to apportion Writers Revenue (WR) to an NFT sale. The first ten of a series of one hundred could each have 5% of the WR.
This will allow the owners of NFT’s to share in the same traditional writing revenues allocated to music publishing and generated from streaming sites like Spotify and Apple Music, and ‘sync’ royalties from the potential use of the song in adverts, film, and TV.
Token||Traxx will facilitate all on chain payments in Token Traxx Tokens directly to wallets as they are processed
Last modified 1yr ago