ElevenLabs Voice Library is a platform where individuals can monetize their voices by uploading high-quality recordings, allowing their voice clones to be used for various commercial and creative purposes. The system operates on a royalty basis, paying contributors based on the character count generated with their voice, with a default rate of approximately $0.03 per 1,000 characters. Contributors maintain control over the use of their voice, including pricing and usage moderation, and can enhance discoverability through tagging by accent, age, or tone. Earnings are processed weekly via Stripe Connect once a balance of $10 is reached, and voices with unique qualities may command higher rates. The platform emphasizes ease of entry, requiring only clear audio recordings and offering opportunities for passive income, as voices can continue to earn royalties over time without further input from the creator.