Revenue Splitter
Revenue Splitter is a tool developed for the automatic distribution of revenue among content creators, their co-authors, or partners based on smart contracts. The primary aim of the tool is to simplify and automate the process of sharing revenue from the sale or use of digital assets, ensuring that each participant receives their fair share according to predefined terms.
Features
Revenue Splitter provides users with the following core features and capabilities:
The tool automatically distributes proceeds based on specified percentage shares or conditions.
Utilizes blockchain smart contracts to ensure transparency and immutability of distribution terms.
Allows for multiple co-authors, partners, or stakeholders with individual share agreements.
Provides reports and analytics on revenue and distributions for all participants.
How It Works
Technical Foundation
Revenue Splitter is built on modern blockchain technologies, ensuring transparency and security in the revenue distribution process. The main technologies used in the tool include:
Blockchain Platforms
Supports popular blockchain networks such as Ethereum and Binance Smart Chain for deploying smart contracts.
Smart Contracts
Uses Solidity and other programming languages to create customized smart contracts that define the terms of revenue distribution.
Wallet Integration
Supports various cryptocurrency wallets for automatic receipt and transfer of funds.
Workflow
The user creates a smart contract, specifying each participant's shares or the conditions for revenue distribution.
The user connects revenue sources, such as marketplaces, streaming platforms, or content sales platforms, to the Revenue Splitter tool.
When revenue is received, the smart contract automatically distributes funds among all participants according to pre-established terms.
Users can view revenue distribution reports and analyze data in real-time.
Benefits
For Users
Ease of Use
Users can easily create smart contracts without needing deep technical knowledge of blockchain.
Transparency and Reliability
Smart contracts ensure transparency and security, guaranteeing that all participants receive their shares without delays or disputes.
Time and Resource Savings
Automating the revenue distribution process allows users to focus on content creation rather than administrative tasks.
Comparison
Revenue Splitter stands out from similar solutions due to:
Support for Multiple Blockchain Platforms
The ability to use different blockchains allows users to choose the most suitable network for their needs.
Flexible Smart Contract Setup
The tool enables the creation of contracts with any distribution terms, including complex multi-layered share structures.
Integration with Popular Platforms
Supports integration with leading digital platforms and marketplaces to streamline the process of receiving and distributing revenue.
Key Features
Main Capabilities
Smart Contract Creation and Setup
An intuitive interface for creating and managing smart contracts, including revenue distribution terms.
Instant Payments
Automatic real-time distribution of revenue among participants upon receipt of funds.
Support for Various Assets
The ability to distribute revenue in different cryptocurrencies and tokens supported by the blockchain platform.
Audit and Security
All smart contracts undergo security checks and comply with blockchain requirements.
Settings and Customization
Share and Condition Configuration
Users can configure percentage shares, minimum payout amounts, and other revenue distribution parameters.
Payment Frequency
Ability to set regular payouts (daily, weekly, monthly) or event-based payouts (upon receipt of revenue).
Fee Configuration
Ability to specify fees for using the tool or other charges, distributed among participants.
User Interface
Navigation
Includes an overview of all active contracts, recent transactions, and the total balance.
A user-friendly panel for creating and editing smart contracts, with a visual representation of all terms and shares.
A section displaying graphs and reports on revenue and fund distribution among participants.
Use Cases
An artist and a gallery create a smart contract to automatically distribute revenue from NFT sales on a marketplace.
Multiple musicians create a joint contract that automatically distributes streaming revenue across various platforms.
A group of investors creates a contract to distribute revenue from joint investments in various crypto assets.
Integration and Compatibility
Compatibility
Supports Ethereum, Binance Smart Chain, and other popular blockchains for creating smart contracts.
Integrates with popular marketplaces like OpenSea, Rarible, and music streaming platforms to automate the revenue collection process.
API and SDK
Access to an API for integration with external platforms and services, allowing for automatic connection of revenue sources and contract management.
The SDK provides developers with the ability to create customized solutions based on the functionality of Revenue Splitter and integrate them into their platforms.
Last updated