- Records’ on-chain royalty system targets faster payouts and eliminates legacy delays.
- Avalanche’s scale enables millions of micro-payments for global artists in real time.
- AVAX shows bearish momentum, yet oversold signals hint at a potential short-term bounce.
The music industry is entering a turning point as technology firms push to replace slow royalty systems with real-time settlement. Artists have long dealt with delayed earnings because revenue from streaming, downloads, and performances flows through many intermediaries.
These delays create uncertainty and limit financial planning for creators who rely on timely payouts. A new effort by Record Financial aims to change this pattern.
According to the blog post, the company is developing an on-chain royalty platform that uses Avalanche and stablecoins to deliver instant payments, providing a faster and more transparent system for artists and rights holders.
Record Introduces Real-Time Royalty Settlement
Record aggregates royalty data from multiple sources and sends payments directly to creators through Avalanche. The company said the system reduces errors and helps all stakeholders work from the same information.
Besides improving transparency, this approach removes long processing chains that slow down traditional royalty cycles. The firm is already working with artists represented by 11am, including Armani White, RealestK, Lil Tjay, A$AP Ferg, Alex Warren, and Maddox Batson.
Travis Garrett, Chief Executive Officer of Record, said the industry needs a cleaner financial foundation and emphasized this shift. He stated, “Blockchain offers the music industry an opportunity to rebuild its financial foundation on transparency,” and added that combining Record’s infrastructure with Avalanche addresses long-standing problems such as late payments and unclear ownership data.
Avalanche Provides the Needed Scale
Avalanche supports high-volume transactions, which allows Record to process millions of small payments across regions. Additionally, stablecoin settlement through USDC lets creators manage income in digital wallets or convert funds to local currencies. This feature also helps bridge legacy finance with emerging on-chain systems.
Morgan Krupetsky, VP of Onchain Finance at Ava Labs, noted the expanding adoption of Avalanche for real-world services. She said, “Real-world builders are choosing Avalanche to deliver real-world solutions.” She explained that bringing royalties on-chain promotes fairness and opens new economic options for creators worldwide.
Market Outlook and AVAX Price Conditions
Avalanche continues attracting enterprise use cases, even as its token faces short-term pressure. AVAX trades at $14.35 after a weekly decline of 16.58%.
The MACD remains below the signal line and confirms ongoing bearish momentum. However, the RSI near 30 suggests oversold conditions, which may spark a temporary bounce if buyers respond.
Related: Avalanche in Talks With Hivemind and Dragonfly to Raise $1B for AVAX Treasury
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