We are excited to announce the beginning of Reveel’s journey towards a new chapter for collaboration.
Over the past several months, we have learned a lot working alongside creators, record labels, managers, Top100 artists, brands, media companies, developers, marketers and many different types of collaborators. Over 1000 brands & creators have been paid out through the Reveel Protocol V1 and have used our Dapp to manage revenue from collaborative projects.
We have taken all these learnings and experiences, and put them into Reveel V2 with the vision of building the most robust & user-friendly payout infrastructure for the collaboration economy.
Mint ‘Reveel - Introducing V2’ to celebrate the launch of our beta & join the wider Reveel community.
Launching Reveel Protocol V2 in Closed BETA
As a first step in this direction, we are rolling out the Reveel Protocol V2 in closed Beta.
The Reveel Protocol V2 expands on our previous version to offer a more accessible experience and more powerful revenue sharing capabilities. The Protocol V2 innovates in several ways:
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Dynamic Payouts: Users can automate complex revenue share agreements that evolve & execute accounting & fund distributions throughout the entire lifecycle of the project. Creators can design their own revenue share contract far beyond simple splits, without any coding, defining how revenue is distributed amongst collaborators and stakeholders over time.
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Gasless Payouts: Reveel understands the challenges faced by new collaborators entering the web3 ecosystem. To ease the onboarding process, V2 introduces a gas-free experience, allowing users to withdraw funds even if they have no cryptocurrency in their wallet. By simplifying the UX of withdrawals, Reveel V2 makes it effortless for creators to get started in the web3 world.
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Multi-chain & Multi-token: Our V2 will be available on even more chains, as we expand to more EVM compatible chains & beyond. We are starting the closed BETA on Ethereum, Polygon & Optimism. Furthermore, our multi-token contracts can handle multiple accounting logics for various tokens, allowing users to define different distributions for different tokens, in a single contact.
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Gas Optimization: Reveel V2 boasts two new main contracts designed for maximum efficiency and gas optimization. The simple split contract simplifies revenue sharing for straightforward collaborations, while the complex revenue-sharing contract accommodates more intricate revenue distribution structures. Both contracts are optimized to reduce gas costs.
Starting today, we’re onboarding BETA partners to our Protocol V2, allowing them to automate their payouts on Ethereum, Polygon & Optimism!
To request access to the most advanced onchain payout solution, fill in this form:
Reveel Protocol V2 in Action
Reveel Beta V2 is already being embraced by prominent web3 creators and projects who utilize the protocol to build their own payout infrastructure.
wavGAME - Gamifying Artist-to-Fan Interaction
Reveel’s revenue share protocol played a crucial role in the wavGAME partnership, ensuring artists and teams involved in the project received fair compensation while creating a transparent relationship with their audience. Through the wavGAME, music enthusiasts could collect real-life wavROOM performances, trade collectibles, and connect deeply with their favorite artists, culminating in an exclusive one-on-one live concert opportunity.
The Creators Mixtape - Gas-Free Rewards for Creators
The scale of this onchain music project is truly unprecedented, as The Creators Mixtape has emerged as the largest collaborative music NFT to date, boasting a staggering participation of over 140 talented artists. On top of that, 368 collectors who supported the artists in the Creator Grant Competition were added to the Revenue Path! Using the Reveel Protocol V2 advanced features, like dynamic payout flows, The Creators Mixtape implemented a complex revenue distribution to nearly 500 recipients, gas-free!
Daz Merchant - Sharing Revenue With Community
Daz Merchant is using revenue paths to include his community in on his music creation process. Daz collected 60 unique wallet addresses from his drops on Sound.xyz to cultivate a unique experience where collectors are invited to a live studio session to participate in the making of a song with Daz himself. The song will be minted onchain and include all 60 collectors on the revenue path. With V2 BETA, Daz’s collectors can seamlessly withdraw their portion of the earnings gas-free!
Get Started
Sign up for access to the Reveel Protocol V2 BETA to get started using beta.r3vl.xyz: (link to form)
Looking to use Reveel for your next NFT project? Contact us to learn how we can help:
Want to collaborate and build with Reveel? Get in touch with us today:
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