🎯Hackathon: Future Of Royalties

Hackathon: Magic Eden: Creator Monetization Hackathon

How can Idle Kitsune help in the royalty enforcement?

Well, here is my idea:

Rewarding investors by having Royalty Contributor Label/Tag/Discord Role via staking: I'd like to award those who've contributing for projects further growth by paying either half or full royalties.

2 levels of Royalty Contributors: Level 1 Royalty Contributors who've paid half royalties. Level 2 Royalty Contributors who've paid full royalties. Level 1 Contributor via staking would have 2x ammount of tokens per days comparing to those who've paid none of royalties. Level 2 Contributor would have 2x ammount of token per day comparing to Level 1 Contributor since they've paid full royalty price and 4x ammount of token per day comparing to those who paid none, they'd deserve to have advantage at least via staking and maybe even some exclusive raffles for Royalty Contributors.

I think that it could be possible to contact staking platform devs and present them an idea and to do it especially since the Hackathon is sponsored by Magic Eden so it's well know name. When it's about tracking tool to verify those who've paid royalties i think that something like Metahelix does with the holders verified role could be implemented with my idea with the same principle so that buyers would connect their wallets and verify them to claim the roles and have benefits of it such as more tokens per days and exclusive raffles.