Opaque Streamer Residuals vs Transparent NFT Royalties

This is a newsletter-style roundup of several items, not a single news story or essay, so the summary below covers its main threads. The writer argues that streaming residuals and NFT royalties both suffer from opacity and consolidation, with the long tail of smaller creators losing out. Streamers do not reveal view numbers, so writers get no information on viewership and no residual increase for hits, unlike broadcast TV. In NFTs, transparency exists through a public ledger, but platforms moved from enforced to optional royalties, and the writer says the UK's early-2000s "Terms of Trade" code, which required 25% of production from independent producers, offers a model.