NFT Royalties Aren’t Always Automatic
The standard gives marketplaces a way to read royalty terms—but it doesn’t make every marketplace pay them.
Ethereum’s ERC-2981 lets an NFT contract report a royalty recipient and amount through . The specification explains that royalty payments are voluntary; if a marketplace doesn’t implement the standard, a creator may receive nothing from a secondary sale.
Takeaway for collectors and creators: check the marketplace’s policy, not just the NFT contract. How do you assess royalty terms before buying or listing?
Source: Ethereum EIP-2981: https://eips.ethereum.org/EIPS/eip-2981
Market watch:
#NFTs #Web3 #Ethereum
The standard gives marketplaces a way to read royalty terms—but it doesn’t make every marketplace pay them.
Ethereum’s ERC-2981 lets an NFT contract report a royalty recipient and amount through . The specification explains that royalty payments are voluntary; if a marketplace doesn’t implement the standard, a creator may receive nothing from a secondary sale.
Takeaway for collectors and creators: check the marketplace’s policy, not just the NFT contract. How do you assess royalty terms before buying or listing?
Source: Ethereum EIP-2981: https://eips.ethereum.org/EIPS/eip-2981
Market watch:
#NFTs #Web3 #Ethereum