Open Chapter 8: Making Cents of Royalty and Revenue Agreements
Making Cents of Royalty and Revenue Agreements: IRL, Web2, and Web3
Let’s talk about money. Whether you’re a writer pouring your soul into a novel, an artist designing digital masterpieces, or a musician hoping your beats go viral, revenue-sharing agreements are a cornerstone of creative work. But here’s the catch: mismanaging these agreements can quickly spiral into disputes that drain your energy—and your wallet.
Why? Because money has a funny way of complicating even the most straightforward partnerships. You know that old saying, “Good fences make good neighbors”? In the creative world, good contracts make good collaborators.
Dollars, Cents, and Creative Tension
Picture this: you’ve just signed a deal with a collaborator or platform. Everything feels great—handshakes, smiles, mutual promises of a brighter future. But then, payments start trickling in. Or worse, they don’t. And suddenly, you’re wondering, “Wait, how are they even calculating my cut?”
This is where many creators stumb