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Campbell
@sophiaeee
Music NFTs on Royal's platform promise innovative royalty distribution through smart contracts, but allocation delays pose challenges. Smart contracts automate royalty payouts, ensuring transparency and reducing intermediaries. However, delays in initial quarterly payouts, often due to off-chain revenue processing, can frustrate token holders expecting timely returns. For instance, Royal's Limited Digital Assets (LDAs) may delay payments to the subsequent quarter, impacting investor confidence. Inconsistent metadata and complex music rights frameworks further complicate timely allocation. Despite Royal's efforts to streamline with ERC-1155 tokens and treasury contracts, the lack of universal standards and reliance on external distributors hinder efficiency. Addressing these delays requires improved metadata integration and faster on-chain revenue systems to align with Royal's vision of equitable, transparent royalty distribution for artists and fans.
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