Multi‑Artist NFT

1 min read

Pronunciation

[mul-tee ahr-tist en-eff-tee]

Analogy

Like a song featuring multiple musicians where each receives a share of royalties, but represented as one digital collectible.

Definition

A single NFT collaboratively created and owned by multiple artists, with on‑chain metadata attributing fractional royalties and governance rights among contributors.

Key Points Intro

Multi‑artist NFTs enable shared creation and revenue splits.

Key Points

Contribution metadata: Records each artist’s role and percentage.

Royalty split: Smart contract distributes secondary sale royalties accordingly.

Governance: Co‑owners can vote on licensing or derivative uses.

Provenance: On‑chain history shows collaborative origin.

Example

Three digital artists jointly mint a generative art NFT; future sales royalties are split 50%/30%/20% among them.

Technical Deep Dive

extension adds `contributors[]` struct with and share. `royaltyInfo()` calculates payment per contributor. Governance module allows contributors to approve derivative licensing via majority vote.

Security Warning

Disputes may arise if metadata or shares are incorrect; ensure off‑chain agreements align with on‑chain data.

Caveat

Managing contributions and disputes can be complex; consider legal frameworks .

Related Terms

Fractional Ownership

Blockchain & Cryptocurrency Glossary

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