Understand NFT royalties and how Coda utilizes smart contracts to ensure automatic and transparent royalty distribution across all NFT marketplaces.

Understanding NFT Royalties

Non-Fungible Tokens (NFTs) have transformed the digital landscape, allowing creators to monetize their work like never before. But how do artists ensure they continue to earn from their creations? Enter NFT royalties.

NFT royalties are payments made to creators every time their NFT is sold or transferred on a marketplace. This ensures that artists benefit from the ongoing success of their work, fostering a sustainable income stream.

The Challenges of Royalty Management

Managing royalties manually can be a headache. Traditional methods often lack transparency and efficiency, leading to delays and disputes. Artists and creators deserve a hassle-free way to receive their rightful earnings without the constant back-and-forth.

Coda’s Smart Contracts: The Solution

Coda revolutionizes royalty distribution with its smart contracts. These are self-executing contracts with the terms directly written into code, ensuring that royalties are automatically and transparently distributed every time an NFT changes hands.

How It Works

Tokenization of Intellectual Property (IP): Artists tokenize their work, turning it into NFTs that can be sold and traded.
Smart Contract Integration: Coda’s smart contracts are embedded within these NFTs, outlining the royalty structure.
Automatic Distribution: Each sale triggers the smart contract, ensuring royalties are distributed instantly and fairly across all marketplaces.

Benefits for Artists, Fans, and Investors

For Independent Artists

Control Over IP Rights: Maintain full ownership while leveraging tokenization to monetize your work.
Automated Income: Receive royalties effortlessly with each NFT sale.
Zero Upfront Costs: Start selling your work without financial barriers.

For Music Fans and Supporters

Fractional Ownership: Invest in your favorite artists by owning a piece of their intellectual property.
Passive Income: Earn a share of the royalties as the artist’s work gains popularity.
Direct Engagement: Support artists directly, fostering a stronger community connection.

For Investors

Unique Asset Class: Diversify your portfolio with creative assets that are non-correlated to traditional investments.
Transparent Revenue Sharing: Smart contracts ensure clear and fair distribution of royalties.
Growth Potential: Tap into the rapidly expanding market of digital ownership and blockchain technology.

Coda’s Key Offerings

IP Rights Marketplace

Coda’s IP Rights Marketplace is a platform where artists can tokenize their works and list them for sale. This marketplace allows supporters to purchase fractional ownership, providing funding while sharing in the profits of the artist’s success.

Royalty Rights Tokens™

With Royalty Rights Tokens™, users can own digital tokens that represent specific royalty rights from intellectual property, such as music albums or books. These tokens enable passive income generation, allowing holders to earn from the continued popularity of the work.

Why Choose Coda?

Coda stands out with its automated royalty distribution via smart contracts, ensuring every transaction is transparent and secure. Unlike traditional platforms, Coda offers:

Fractional Ownership: Invest in multiple IP assets without significant upfront costs.
Enhanced Community Engagement: Direct interaction between artists and supporters fosters a vibrant ecosystem.
Scalability: As blockchain technology continues to grow, Coda is positioned to expand its offerings and reach a global audience.

Join the Future of NFT Royalties

Coda is at the forefront of transforming how royalties are managed in the NFT space. By leveraging smart contracts, Coda provides a seamless, transparent, and efficient solution for artists, fans, and investors alike.

Ready to experience the next level of royalty management? Visit Coda today and take control of your creative and investment journey.