DeCir’s royalty splitter tool is one of its kind. It is one of the tools that decentralized organizations built on DeCir’s no-code architecture can enjoy. With DeCir’s royalty splitter, DAOs can easily manage and automate royalty sharing among community members. Thus, enhancing cohesion and building trust in the community.
TL;DR
- DeCir’s royalty splitter tool helps DAO automate revenue splitting among project contributors
- The tool promotes transparency in a community since each contributor’s percentage share is inputted from the beginning
- DeCir’s royalty splitter also automates royalty payout from the DAO treasury. Ensuring that contributors only get their set percentage.
Automating Revenue Sharing
Revenue sharing is one of the most cumbersome tasks facing most decentralized organizations today. While it is quite possible for members to pull resources and work on projects, the revenue-sharing process is never straightforward.
Moreso, DAO revenue sharing becomes more complicated when revenues come from multiple sources and platforms. This is the central issue that DeCir’s royalty splitter tool solves. The tool helps DAOs to automate their royalty-sharing process.
DeCir’s royalty splitter tool enables DAOs to input contributors’ set percentages from a Project’s royalty. Subsequently, the tool calculates what each person is entitled to from the DAO’s fund pool.
Upon request, a contributor is able to receive their share of the DAO revenue in their designated wallet. The process is seamless and removes all forms of manipulation.
Enhancing DAO Transparency
Transparency is the basis for all forms of community cohesion in a decentralized organization. DeCir’s royalty splitter makes this possible by removing all forms of manipulation in a community’s revenue-sharing process. Community members can easily confirm and verify their percentage of a project’s royalty even before the actual funds start coming in.
Notably, the transparency DeCir’s royalty tool brings helps the community participate further in DAO projects. Collaboration naturally breeds creativity. That way, the cycle of revenue generation and shared prosperity continue for the entire community.
Conclusion
DeCir’s royalty splitter is an essential tool for all decentralized organizations seeking to promote transparency and community collaboration. The royalty splitter tool is one of the reasons for the continued success of the DAOs operating on DeCir’s infrastructure.
