Nft Royalty

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Avatar for Chaliemoscow12
2 years ago
Topics: Cryptocurrency

When some NFTs are sold, royalties are automatically sent to the creators. This is a new notion, yet it's already one of the most powerful. Every time the NFT is sold, the original owners of EulerBeats Originals receive an 8% royalty. And certain sites, like as Foundation and Zora, encourage its artists to earn royalties.

This is totally automated, so creators can simply sit back and collect royalties as their work is passed around from one person to the next. Currently, calculating royalties is exceedingly laborious and inaccurate, which means that many creators are underpaid. You'll never miss out on a royalty if your NFT is programmed with one.

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