The NFT "royalty war" pits creators against trading platforms. Creators rely on royalties (5-10%) for ongoing income from secondary sales, coded into smart contracts. Platforms like OpenSea enforce royalties, while Blur and Magic Eden make them optional to attract traders, hurting creators. This tension challenges Web3's decentralized ethos, as platforms control royalty enforcement. Creators push for standardized royalties (e.g., EIP-2981), but platforms prioritize market share. The debate continues, balancing creator rights and trader profits.

The NFT "royalty war" pits creators against trading platforms. Creators rely on royalties (5-10%) for ongoing income from secondary sales, coded into smart contracts. Platforms like OpenSea enforce royalties, while Blur and Magic Eden make them optional to attract traders, hurting creators. This tension challenges Web3's decentralized ethos, as platforms control royalty enforcement. Creators push for standardized royalties (e.g., EIP-2981), but platforms prioritize market share. The debate continues, balancing creator rights and trader profits.

https://www.coindesk.com/business/2023/01/30/artists-weigh-in-on-the-battle-over-nft-creator-royalties/