Royal believes in artists' freedom. The platform opens the door for artists to retain independence and creative control as fans fuel their careers. Artists choose what % of a song's royalties to put up for sale. They can also bundle fan experiences, special tracks, digital art - it's all up to them.

Once you've bought a token, you can claim royalties for the song after they've accrued. The time to payout will vary depending on the artist. 

If you'd like, you can put your token up for sale on an NFT exchange. When someone else buys this token, they'll get all the royalties and additional benefits that come with it.

Royal raised a $55 million Series A round in November 2021. Investors in the NFTs included electronic music performers The Chainsmokers and rapper Nas. Andreessen Horowitz (a16z) led the Series A round. Paradigm and Coinbase Ventures participated in it. Earlier, Royal raised a $16 million seed round led by Paradigm and Founders Fund. The latest funds will push the platform’s continued growth. Royal is expanding its offerings of both household names and rising newcomers.

Royal Markets Inc. provides a way for fans to own parts of the songs they love, buy and/or sell NFTs on their marketplace, manage NFTs using Royal digital currency services (as known as custodial or wallet services), and be part of Royal’s exclusive social networks. Their Privacy Policy describes their policies and procedures on the collection, use, and disclosure of your information when you use their sites or other on- or offline offerings and tells you about your privacy rights and how the law protects you.

It is unclear at this time what kinds of fees Royal may plan to charge in the future.