An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. C | NFTs & DeFi 🗓
An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased
Royalty payments have become a cornerstone of the growing non-fungible token (NFT) industry, allowing artists to make money when people resell their work, venues to capture revenue on secondary marketplaces for NFT tickets and musicians to subvert streaming services in favor of more lucrative, blockchain-driven products. But there’s a problem: Royalty payments are only enforceable on a marketplace level, and not on-chain.
