NFTs

    NFT Royalties: How Creators Get Paid Forever

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    NFT Royalties: How Creators Get Paid Forever

    One of the biggest innovations of NFTs is Royalties. Artists can code a commission (e.g., 5%) into the smart contract, ensuring they get paid every time the NFT is resold.

    How it Works

    1. Artist mints NFT with 5% royalty.
    2. Collector A buys it for 1 ETH.
    3. Collector A sells it to Collector B for 10 ETH.
    4. Artist automatically receives 0.5 ETH (5% of 10 ETH).

    The Controversy

    Some new marketplaces have made royalties optional to attract traders. This has sparked a debate about protecting creator income.

    Calculate potential royalty revenue streams with the NFT Royalty Calculator.

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