Automated NFT Royalty Smart Contract Platform

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Automated NFT Royalty Smart Contract Platform

Inspired by a conversation on:

AI Paycheck

AI Paycheck

NFT Smart Contracts for Artists: Use AI to Automate Royalties & Build Passive Income Forever

Host: Raje

Timestamp: 00:00:00 - 00:01:59

Listen to Episode • View Podcast • All Ideas from AI Paycheck

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Feather Flow

Direct Quote

"The smart contract... becomes automated residual income. Right. It runs forever."

Market Gap

Artists miss out on royalties from secondary sales.

Many artists struggle to receive fair compensation for their work after the initial sale. In traditional art sales, creators typically receive one payment, missing out on significant future profits when their work appreciates in value. This lack of ongoing revenue is a systemic issue that has left many artists financially vulnerable. With the rise of NFTs, there's a unique opportunity to change this dynamic by embedding smart contracts that ensure artists receive a percentage of every secondary sale automatically. However, many artists are still unaware of or unable to implement these solutions effectively, leading to lost income.

Summary

This idea revolves around creating a platform that provides artists with the ability to generate automated NFT royalty smart contracts. By allowing artists to easily set up contracts that specify royalty percentages, the platform would ensure that artists receive a continuous income stream whenever their NFTs are resold. The service would simplify the process of drafting smart contracts, potentially using no-code solutions or AI-driven interfaces. This addresses the issue of lost royalties and empowers artists to maintain financial control over their intellectual property.

Categorization

Business Model
SaaS
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
< 1 month
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$4,000 - $10,000 MRR
Moderate (Most Likely)
$10,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
8/10
Market Potential
9/10
Evidence
7/10
Overall
7.8/10
Found on October 10, 2025 • Analyzed on October 10, 2025 2:07 AM

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How should I validate this saas idea before building it?

2:34 PM

Great question! For a saas idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Generalist to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your medium difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and < 1 month, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available $1,000-$10,000
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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Similar Ideas

AI-Powered NFT Monitoring and Enforcement Bot

This business idea focuses on creating an AI-powered bot that continuously monitors NFT sales across different marketplaces for non-compliance with royalty agreements. By tracking secondary sales in real-time, the bot can automatically trigger interventions, such as placing bids to reacquire NFTs that were sold on non-royalty platforms. This proactive approach not only protects artists' rights but also ensures that they maintain control over their intellectual property and revenue streams. The bot would act as a financial guardian for artists, providing them with peace of mind regarding their earnings.