Is the idea here that an artist would first register their work on the blockchain, then publish it publicly? I've had a very similar idea to use something like

Is the idea here that an artist would first register their work on the blockchain, then publish it publicly? I've had a very similar idea to use something like that registy with a browser extension that catalogs every resource visited by a user (by the SHA-2 of it's content), what site referred / linked them to it. This will create a big list of consumed content. At the end of the year, the user can view their audit log (and metadata on it, e.g. how many minutes of a video they watched, how they rated it etc) and it will let them donate a certain amount of numbers from an atomically incrementing counter signed with keypair identity to the artists registered for those works and those that referrer them to the content. The donater could back keypair with a variety of identities (maybe something like a twitter account that takes into account how famous the donater is based on their followers etc or maybe through something like keybase that aggreates together several social media identities into a unique key). The donater could also back this counter with a certain amount of money or BTC or whatever (essentially acting as their own bank). This allows an referrers/artist to be compensated in both fame (the Sum of the amounts of count assign to them * the follower-strength of the person assigning the count at the time of assignment / the total count that person has assigned) which is useful for parlaying into advertisement backing and fortune (the total value of the count they were given). The artist/referrers can hold their count (speculating a rise in the value of that contributors count), can trade some portion to other's via the blockchain or back to the original donater in exchange for the backing amount. Obviously people can parasitically clone works and republish them, with minor content variations. Hopefully some sort of auditor could set what constitutes a new vs derived work and how the splits are calculated and to find duplication and attribute it back to the correct authors, it would be up to each donater to choose the auditor they want to use when making their donations. The expectation here is that artists would band together and choose to promote the auditors that do the best job of being 'fair'. Ultimately though, the choice on how to give money to the creators of content would be to the public and so auditors that favor regimes unlimited copyright and very restricted derivation would be less weighted than ones that pushed for creative derivative works.