What Are NFT Royalties & Why NFT Royalties Are So Important?
NFT royalties are the percentage of reselling price of NFTs. NFT royalties could be a new term for you if you are new in the NFT space. But I have minted many NFTs and experienced these royalties methodologies. Let me tell you in the detail. What are NFT royalties? NFT royalties are the percentage of reselling price of NFTs that goes to the creator or author of NFT, each time when their NFT sell. When an NFT is sold to the buyer and the buyer resells that NFT art again on a secondary NFT marketplace, a fixed royalty percentage on…