Hacker News new | ask | show | jobs
by Applejinx 1845 days ago
If you set your royalty to 25%, meaning that a million dollar sale will have to burn off $250k to you, that million dollar sale will NEVER EVER EVER happen.

Think of it like a processing fee making the platform completely unworkable. Nobody will ever deal with that kind of inefficiency unless they are doing something so desperately illegal that they'd willingly pay that much for the money laundering.

And there's bound to be more efficient ways to money launder. Nope. The artist royalty promise is a pure con.