Why NFT Creators and Collectors Can’t Stop Talking About Artist Royalties

The largest NFT marketplaces—including OpenSea, Magic Eden, and LooksRare—honor the royalty amounts set by creators. But some rival upstarts are gaining traction by appealing to NFT collectors that want to flip JPEGs with the lowest possible fees, regardless of the creator’s intent or the social stigma around evading royalties. It’s only a debate because royalties aren’t currently enforceable on-chain with current, widely-used NFT standards.

Source: Why NFT Creators and Collectors Can’t Stop Talking About Artist Royalties – Decrypt

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