Here’s What You Need to Know About the NFT Creator Royalty Debate

While it has become commonplace to pay both a platform fee and creator fee when collecting an NFT, some collectors would rather not shell out an extra five percent on top of their already sizable transactions. Creator royalties mean that the individual who created a piece of art is rewarded in conjunction with collectors, but — since some NFT price tags reach well over $1 million — we’re talking more than $50,000 in fees alone paid by the collector.

Source: Here’s What You Need to Know About the NFT Creator Royalty Debate

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