@Freecollins13 Since artists are primarily focused on making music and creating an experience, they may overlook the legal complexities. This is where smart contracts come in. With smart contract templates, artists have a structured framework that highlights key areas to pay attention to—like ownership percentages, revenue splits, and rights allocation.
Instead of signing a contract dictated by a label, artists can create their own agreements, setting clear terms and avoiding unexpected pitfalls. This reduces the risk of unforeseen consequences (like the Black Swan Effect) because everything is transparent, predictable, and enforceable on-chain. Essentially, smart contracts empower artists to take control of their careers by defining the terms upfront, preventing things from going haywire.