Royal is a specialist music NFT Marketplace.
Nuts and bolts
- Creators must apply to be on the marketplace.
- Creator chooses what % of the song’s royalties to put up for sale. They can also bundle fan experiences, special tracks, and digital art.
- Collectors purchase a token directly from the artist and can claim royalties for the song after they’ve accrued. The time to payout will vary depending on the artist.
- Collectors can sell their music NFTs on a secondary market.
U.S.A. in 2021