What are NFT royalties, and how do they work?

NFT royalties refer to the percentage of sales or transactions of a nonfungible token (NFT) that are paid to the original creator or owner of the NFT.

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5 ways to monetize your digital art with NFTs

Monetizing digital art with NFTs provides proof of ownership, increased value and potential for royalties.

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Anotherblock Issues Rihanna Song Royalty-Linked NFT

Anotherblock, a Web3 music company, has made a significant impact in the world of NFTs with their latest project. The company has issued a NFT that provides holders with a portion of the streaming royalties from a well-known song by musician Rihanna. This groundbreaking project highlights the potential of NFTs in the music industry and provides new opportunities for fans and investors.

<p>The post Anotherblock Issues Rihanna Song Royalty-Linked NFT first appeared on CCNC.</p>

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Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more

The “Parisland” metaverse experience will launch in time for Valentine's Day to give budding lovebugs a space to meet, at least virtually.

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Magic Eden follows OpenSea with NFT royalty enforcement tool

The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool.

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Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products.

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OpenSea to enforce creator royalties on all collections after community outcry

The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.

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Bored Apes founders propose new model for NFT creator royalties

The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem.

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OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain

NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. (Read More)

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Nifty News: NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more

A new NFT marketplace is giving a hard pass to optional royalties, bucking the trend, and NFTs are getting a new home on Ripple’s XRPL.

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Nifty News: LooksRare the latest NFT market to sack royalties, Twitter’s tweeting tiles, and more

LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is “competitive”.

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Crypto Twitter split as another NFT platform moves to opt-in royalties

Despite the change to an optional royalties model, Magic Eden will still have full royalties set by default for all collections and listings.

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Nifty News: OpenSea adds Avalanche, Meta has legs, DeGods takes 0%, and more…

Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out.

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Solana NFT Brand Creator Says How Royalties Would “Redefine” Rug Pull

A popular Solana-based NFT collection DeGod has announced a new update recently that it has decided to implement a royalty-free policy. Calling it a “new experiment”, the platform also stated that the new scheme would be extended to its other projects such as y00ts and t00bs. Without divulging much, the team decided to reduce the […]

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Solana NFT Brand Creator Says 0% Royalties Would “Redefine” Rug Pull

A popular Solana-based NFT collection DeGod has recently announced a new update to implement a royalty-free policy. Calling it a “new experiment”, the platform also added that the scheme would be extended to its other projects such as y00ts and t00bs. Without divulging much, the team decided to reduce the royalties fee to 0% from […]

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Yuga Labs Bold Move: Royalties Only Zone

NFT behemoth Yuga Labs announced that it plans to withdraw its support of those platforms that do not enforce creator royalties, claiming that “royalties are the lifeline that keeps creators building fun, weird, and innovative activations in the space. This meant Yuga Labs collections with royalty filters at the protocol level could only be traded […]

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NFTs are not dead, theyre evolving: Hashing It Out podcast

NFTs may have died down, but RARI Foundations Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.

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Blockchain broadens music royalty access on Audius with ICE deal

A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders.

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NFT royalties of BAYC, Azuki, Pudgy Penguins are Surprisingly $58M+, $43M+, $7.2M+ Respectively

Blockchain data and research firm Nansen has reported the royalty earnings of top Ethereum non-fungible token (NFT) brand. (Read More)

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