How can NFT creators earn royalties from their digital art?

3 answers

• Dec 26, 2021 · 3 years ago
  One way for NFT creators to earn royalties from their digital art is through smart contracts. By using smart contracts, creators can set a percentage of the resale value that they will receive as royalties. This ensures that they continue to benefit from the value appreciation of their art even after it has been sold. For example, if an NFT is resold for a higher price, the creator can automatically receive a percentage of that sale. This provides a sustainable income stream for the creators and incentivizes them to continue producing high-quality digital art.
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• Dec 26, 2021 · 3 years ago
  Another way for NFT creators to earn royalties is by partnering with platforms that support royalty payments. Some NFT marketplaces have built-in royalty features that automatically distribute royalties to the creators whenever their art is resold. This eliminates the need for creators to rely on buyers to voluntarily send them royalties. By leveraging these platforms, creators can ensure a consistent and reliable income stream from their digital art.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we offer a unique solution for NFT creators to earn royalties from their digital art. Our platform allows creators to mint their NFTs with built-in royalty mechanisms. This means that whenever their art is resold on our platform, the creator automatically receives a percentage of the sale. We believe in empowering creators and providing them with the tools they need to succeed in the NFT space. With our royalty feature, creators can focus on their art while earning a passive income from their creations.
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