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RE: Quick Tip: Luring YouTube Artists to Steemit
Interesting, so they are not directly profiting off of the cover itself if they post to a site such as this with it's reward system. Does anyone know if that could have some legal issues?
No legal issues. Steem isn't legally considered a currency and there's no transaction taking place. They're performing, recording, and posting here without any agreement of compensation. We're just expressing our approval by up-voting and they are awarded digital "points" by the network as a result. It would only get dangerous for the poster if they falsely claimed to be the original author of the song.