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

1 answers

• darknightzmJan 01, 2024 · 2 years 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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