Episode #37—Royalties, optional?
What happens when the transfer of ownership is tied to the payment of royalties? Tune in as we dive into NFT royalties and the different ways they can be enforced on-chain and off-chain.
Beeple's hot note on royalties
ERC-721 -- require payment to SELL an NFT
IRL all transactions are already private
Are auction prices actually public?
Two ways enforce royalties on-chain
Sell no taksies-backsies
Sell large enough increment
Managing at the token contract level
These are encumberences
Are NFTs owned or really licensed?