Royalty Module

Transparent Revenue Sharing

The Royalty Module in IP Protocol enables original creators to track and manage revenue sharing among various stakeholders of an IP asset. By using smart contracts, royalties are automatically distributed to all entitled parties according to the pre-set distribution ratios determined at the time of licensing or creation.

Key features of the Royalty Module include:

• Dynamic Revenue Sharing: Creators can define participant roles and revenue sharing percentages for each asset, ensuring that everyone involved—whether it's the original creator, co-creators, or contributors—gets their fair share of profits.

• Automated Royalty Payments: The blockchain ensures real-time, transparent royalty distribution, eliminating the need for intermediaries and ensuring timely payouts.

• On-Chain Transparency: All royalty transactions are recorded immutably on the blockchain, enabling clear and publicly verifiable audit trails for accountability.

This system makes the complex process of royalty allocation simple and efficient, ensuring that creators can focus on innovation while ensuring that contributors are properly compensated.