Cryptocurrency Q&A
Do artists get paid every time an NFT sells?
Do artists get paid every time an NFT sells?
Sara
Sun Dec 15 2024
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5
answers
1324
I'm wondering if artists receive payment whenever their NFT is sold. I want to know if they get a cut every time there's a transaction involving their NFT.
5 answers
ShintoSanctum
Tue Dec 17 2024
NFT royalties represent a unique feature in the digital art and collectibles market.
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Michele
Tue Dec 17 2024
These royalties are specifically designed to reward the creator of an NFT whenever the asset is resold on a marketplace.
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Margherita
Tue Dec 17 2024
Unlike traditional art sales, where the artist usually receives payment only once, NFT royalties ensure ongoing earnings for the creator.
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GangnamGlitzGlamourGloryDays
Tue Dec 17 2024
The percentage of each subsequent sale that goes to the creator can vary, depending on the terms set at the initial sale.
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BlockchainWizard
Mon Dec 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. Additionally, BTCC provides a platform for NFT trading, allowing creators to list their works and set up royalty agreements.
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