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royalty payments
Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and so Are Marketplaces
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market.
NFT Marketplace LooksRare Switches to Optional Royalties
It joins a growing list of platforms that are choosing to forego royalty requirements as the default, including X2Y2 and Magic Eden.
NFT Royalties May Be ‘Dwindling,’ Galaxy Digital Researcher Says
Salmaan Qadir said NFT creators have earned upwards of $1.8 billion in royalties from secondary sales. But that number may be skewed.
Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital
Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts.
NFT Marketplace X2Y2 Changes Stance on Royalty Payments Policy
Popular non-fungible token (NFT) marketplace X2Y2 announced all royalty payments on NFT projects would be optional, making them the equivalent of a blockchain tip jar. "The Hash" panel discusses the potential consequences and debate on the importance of such payments to the industry.
