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YouSplit

A splitter contract for YouTube royalties. Automate YouTube royalty distribution with our smart contract. Set percentages once, and watch as your earnings are divided effortlessly among collaborators or rights holders, ensuring fairness and transparency with every payment.

YouSplit

Created At

ETHGlobal Bangkok

Project Description

YouSplit allows you to upload a list of beneficiary wallet addresses aside your YouTube video upload, so that future royalties will automatically split between the video shareholders. This innovative platform streamlines the often cumbersome process of revenue sharing among content creators, collaborators, or rights holders.

With YouSplit:

Ease of Setup: Simply add wallet addresses corresponding to each shareholder's portion during video upload. Once set, the system handles everything. Transparency: Every split is recorded on the blockchain, ensuring that all parties can verify their earnings at any time. This transparency helps in building trust among collaborators. Automation: Forget the hassle of manually calculating and distributing shares. YouSplit does it automatically with each royalty payout from YouTube, saving time and reducing errors. Customizable Splits: You can define the percentage or fixed amount each wallet should receive, allowing for flexibility in how you decide to share profits. Real-Time Tracking: Shareholders can track their earnings in real-time, providing clarity on revenue generated from their contributions. Security: By leveraging blockchain technology, YouSplit ensures that transactions are secure, immutable, and protected from unauthorized changes.

This solution is particularly beneficial for creators who frequently collaborate, those managing channels with multiple contributors, or anyone looking to make royalty distribution as straightforward as possible. YouSplit not only simplifies the process but also fosters a more collaborative, transparent, and efficient environment for content creation on YouTube.

How it's Made

A solidity smart contract will be minted for each video upload, with the youtube royalties of that video as an input and a list of crypto wallet addresses as an output. We can experiment the feasibility of attributing a % of shareholding to each beneficiary, and of a user friendly interface such as a chrome extension or plugin.

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