What is the impact of ERC2981 on the cryptocurrency market?

3 answers

• Jan 12, 2022 · 3 years ago
  ERC2981 has the potential to significantly impact the cryptocurrency market. This Ethereum Improvement Proposal introduces a new standard for royalties on NFTs, allowing creators to earn a percentage of future sales. This could incentivize more artists and content creators to participate in the NFT space, leading to increased adoption and a larger market. Additionally, the introduction of royalties could create a more sustainable ecosystem for creators, as they can continue to earn income even after the initial sale. Overall, ERC2981 has the potential to bring more value and stability to the cryptocurrency market.
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• Jan 12, 2022 · 3 years ago
  The impact of ERC2981 on the cryptocurrency market could be substantial. By introducing royalties for NFTs, this proposal provides a way for creators to earn ongoing income from their digital assets. This could attract more artists and content creators to the NFT space, resulting in a wider variety of high-quality digital collectibles. Moreover, the introduction of royalties could increase investor confidence in the NFT market, as it provides a clear revenue stream for creators. As a result, we may see increased trading volume and liquidity in the cryptocurrency market.
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• Jan 12, 2022 · 3 years ago
  ERC2981 is a game-changer for the cryptocurrency market. With the introduction of royalties for NFTs, creators now have a way to earn ongoing income from their digital creations. This could lead to a surge in the number of artists and content creators entering the NFT space, as they now have a viable revenue stream. Additionally, the introduction of royalties could attract more investors to the cryptocurrency market, as it provides a tangible value proposition. As a result, we may see increased activity and growth in the overall market.
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