2 ms·

So if they don't use your marketplace are the royalties not collected?

• seibelj 4y ago
  There is an Ethereum protocol standard (similar to RFCs in the internet context) that defines a standard for NFT royalties https://eips.ethereum.org/EIPS/eip-2981 https://eips.ethereum.org/EIPS/eip-2981 FYI I am an author of this standard. It is widely supported across the ecosystem https://royaltyregistry.xyz/ https://royaltyregistry.xyz/ My company doesn’t care where our NFTs travel or trade on. We get our royalty regardless.
  • polygamous_bat 4y ago
    > The royalty payment must be voluntary, as transfer mechanisms such as transferFrom() include NFT transfers between wallets, and executing them does not always imply a sale occurred. So how is this an improvement over what we have right now? If the buyer and the seller may wish to do so, out of the goodness of their hearts, they can always send part of their sale price to the artist. So why are NFTs necessary in any way, if you cannot programmatically enforce it? (And you never can, the reason of which you already know: if I wish to do so I can make a transfer between my two wallets and a sale look exactly the same.) At which point do these selective, and potentially intentional misleading claims about NFTs go from ignorant to fraudulent? Especially when you may stand to earn a lot by making people believe in your misleading claims?