284. NFT Royalties, Good or Bad? | $1.8 Billion Problem
Metaverse Insider
English - November 11, 2022 22:45 - 21 minutes - 19.5 MBCourses Education Business Entrepreneurship Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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Over $1.8bn worth of royalties have been paid out to creators of Ethereum-based NFT collections. However, major debates have sparked between creators and NFT marketplaces. As it stands, royalties are not actually programmed at the token/smart-contract level thus forcing NFT marketplaces to ignore socially enforced by norms and cut royalties to 0% in order to compete with other marketplaces. On this episode, we're taking a look at proposed solutions.
~ This episode is sponsored by ULTRAVERSE CITY~
ULTRAVERSE website ➜ https://bit.ly/ULTRAVERSECITY