π΅Automated Distribution
Revenue Sharing Model for DTube
When content creators on YouTube decide to utilize the DTUBE platform to tokenize their channels, here's what will occur.
Syncing YouTube Channel with DTube Platform
Channel Integration: The content creator syncs their YouTube channel with the DTUBE platform. This process ensures that our smart contract is now connected to their channel, allowing us to monitor future ad and sponsorship revenues.
Tokenization and Revenue Monitoring
Revenue Monitoring: Once the channel is synced, the smart contract continuously monitors the channel's earnings from ads and sponsorships. All revenue data is tracked in real-time to ensure accurate and up-to-date information.
Tokenization of Revenue: The revenue generated from ads and sponsorships is converted into digital tokens, such as USDC. This conversion ensures that the earnings are easily distributable and can be securely managed on the blockchain.
Revenue Distribution
Revenue Redistribution: After the revenue is tokenized, the smart contract automatically deducts 10% of the creator's earnings. This portion is then redistributed to DTUBE token holders as follows:
Content Creator: Retains 90% of the revenue.
DTUBE Token Holders: Receive the remaining 10%, which is distributed proportionally based on the number of DTUBE tokens they hold.
Benefits and Transparency
Transparent Payouts: The use of smart contracts ensures that all transactions are transparent and verifiable on the blockchain. Token holders can easily track their earnings and see the exact distribution of funds.
Incentives for All Parties: This model incentivizes content creators to join DTUBE by providing them with a seamless way to tokenize their revenue while offering DTUBE token holders a steady and transparent income stream.
Example Scenario
Imagine a content creator who earns $10,000 from ads and sponsorships in a month:
Total Earnings: $10,000
Content Creator's Share: 90% of $10,000 = $9,000
DTube Token Holders' Share: 10% of $10,000 = $1,000
The $1000 is then distributed among DTube token holders based on their token holdings, ensuring that everyone benefits from the platform's success.
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