yes

It's essential, and indirectly supports the value of the NFT. Better pay for creatives = better content, so the royalty you pay is helping keep your NFT relevant over time.

You can make it

Never mind

I think it is a great idea. How would royalties work for marketplaces that intend to implement 0% royalty policies?

Royalties would be huge, it'd definitely encourage secondary sales. It'd also be cool if you could create a whitelist for a specific collect, and offer it as an exclusive freebie to current holders.

So a fixed fee vs a percent?

The simple possibility to collect royalties automatically on every secondary sale is already a killer feature

However, it's too early to describe the best way to set the fees imo. Maybe we'll see in 2-3 years to let everyone try as most formulas as possible

Just do it !

for musicians it feels like a really fair thing. Something that the re-sale of records was never capable to do.

do it!

Would be cool if it was built into the smart contract but I still feel like there are ways around it like wrapping the NFT.

How do you stop people from trading the NFT without paying the royalty fee?

Muhammad did not come to Muhammad⌛ Muhammad came to the top, so you have to show what we can and can therefore give and never 🌿 take away because it is our common good # web3 #crypto

do it

I think it's really awesome for artists who traditionally work job to job with no constant revenue stream. This allows them to have some semblance of economic security and allows them to monetize themselves better.

Best model will be on limited number of free mint + royalties : you win if your project/social network account live, not if you are a good marketer !

💯 free mint + tip & 22% royalties.

(1 free mint / person👀. 2nd+ mint $$$.)

I think that royalties can be a huge benefit, that NFTs can bring to creators. It could be actually a "competitive advantage" of NFTs in the battle with other formats.

But it is a pity that we haven't figured out how to make the royalties an inherent part of the NFT smart-contracts. Isn't there really any way how to do that? I was trying to find something myself, but haven't managed it yet.

This could work well for long-form written content such as research papers, ebooks, and articles.

Great idea, I think it will also lead creators to making limited series collections and a whole secondary market of people trying to complete sets. I have already traded a Lens NFT by @gravy.lens for a @rigojmortis.lens NFT that was minted on our @gmifrens.lens contract.

This is how we are definitely @gmifrens.lens

A big ole yes from myself and the rapidly expanding Aavegotchi Art Renaissance.