284. NFT Royalties, Good or Bad? | $1.8 Billion Problem
Nov 11, 2022 ·
21m 18s
![284. NFT Royalties, Good or Bad? | $1.8 Billion Problem](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/58b438e2450f1bdfbeb2fa8c533d43a9.jpg)
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Description
Over $1.8bn worth of royalties have been paid out to creators of Ethereum-based NFT collections. However, major debates have sparked between creators and NFT marketplaces. As it stands, royalties are...
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Over $1.8bn worth of royalties have been paid out to creators of Ethereum-based NFT collections. However, major debates have sparked between creators and NFT marketplaces. As it stands, royalties are not actually programmed at the token/smart-contract level thus forcing NFT marketplaces to ignore socially enforced by norms and cut royalties to 0% in order to compete with other marketplaces. On this episode, we're taking a look at proposed solutions.
~ This episode is sponsored by ULTRAVERSE CITY~
ULTRAVERSE website ➜ https://bit.ly/ULTRAVERSECITY
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~ This episode is sponsored by ULTRAVERSE CITY~
ULTRAVERSE website ➜ https://bit.ly/ULTRAVERSECITY
Information
Author | Rever Networks |
Website | - |
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