Retention of Mastering Rights: The contract would include a clause explicitly stating that the creator (you) retains the mastering rights regardless of the sale or use of the NFT. Commercial Use: There would be a rule that allows the buyer to use the beat for commercial purposes, such as in music or film productions. Royalties: The contract would have a feature that tracks how much the beat is used commercially and automatically transfers 50% of the generated revenue to the creator’s address. Third Party Lending: The contract would include terms for lending the beat (NFT) to third parties, including the requirement that a fee be paid and how that fee is to be split (possibly a portion to the current owner and a portion to the creator). Public Use: This would simply be a permission in the contract that allows the buyer to use the beat publicly, as long as it is in line with the other terms. Selling an NFT: When selling the NFT: A feature would ensure that all rights associated with the NFT are transferred to the new owner, except for the mastering rights. A royalty mechanism would be activated where 5% of the sale price is automatically sent to the creator’s address. For example: If the NFT is purchased for 10 XRP and later sold for 20 XRP, the smart contract code would calculate that 5% of 20 XRP (1 XRP) goes to you. Important Considerations: Legal Validity: This smart contract is also legally valid outside of the blockchain.
Issuer: rJrsaYN55FqEXgjEXUjNQa8Lem52SiVzG9
Explore Niva Beatz NFTs on XRPL.to — buy, sell and trade on the XRP Ledger.
Niva Beatz is an NFT collection on the XRP Ledger built using the native XLS-20 NFT standard with 4 items held by 2 owners, launched 600 days ago. Retention of Mastering Rights: The contract would include a clause explicitly stating that the creator (you) retains the mastering rights regardless of the sale or use of the NFT. Commercial Use: T
Buy Niva Beatz NFTs directly on XRPL.to. Connect any XRPL wallet (Xaman, Crossmark, Gem Wallet) and purchase listed NFTs through the native XLS-20 marketplace — sub-cent fees, 3-5 second settlement, no centralized exchange required.
Niva Beatz's current floor price is 10 XRP. The collection has done 1 XRP in lifetime volume. Floor price updates in real time as new listings appear on the XRPL DEX.
2 unique addresses currently hold Niva Beatz NFTs out of 4 total items in the collection. The owner count updates as NFTs are bought, sold, and transferred on-chain.
Niva Beatz has not yet been verified on XRPL.to. Always check the issuer (taxon), holder count, and trading volume before buying any XRPL NFT collection.
XLS-20 is the XRP Ledger's native NFT standard, launched in October 2022. Unlike Ethereum NFTs which require smart contracts, XLS-20 NFTs are built into the XRPL protocol — meaning lower fees, faster settlement, and built-in royalty enforcement. Every Niva Beatz NFT is an XLS-20 token.