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Why are royalties important for artists and investors in the cryptocurrency NFT space?

josepharopAug 26, 2023 · 2 years ago1 answers

Why are royalties important for artists and investors in the cryptocurrency NFT space? How do royalties benefit artists and investors in the NFT market?

1 answers

  • darknightzmJun 29, 2025 · 3 months ago
    At BYDFi, we believe that royalties play a crucial role in the cryptocurrency NFT space. Artists can include a royalty percentage in the smart contract when they sell their NFTs, which allows them to earn a portion of the future sales. This provides artists with a sustainable source of income and incentivizes them to create more valuable and unique NFTs. For investors, royalties can be a great way to earn passive income. By owning NFTs with royalties, investors can benefit from the increasing value of the NFTs and also earn a percentage of the future sales. It's a win-win situation for artists and investors alike!

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