The idea of NFT royalties isn’t exactly new, but recently there have been more and more discussions around the topic. The arguments often get heated and boil down to whether or not users should be allowed to avoid paying them. Despite a common misunderstanding, it’s not practical to enforce royalties completely on-chain. They are instead coded in the marketplace contracts. As a result, it’s up to each specific marketplace to honour royalties set by creators or not.
The royalties are dead, long live the royalties!
Gud flood