Are NFT royalties essential for crypto art sustainability?

NFT royalties are essential if crypto art is going to survive as a viable career path. Artists rely on these royalties to get paid every time their work resells, which helps them build long-term income rather than just one-off payments. Without royalties, there’s less incentive to create original art because secondary sales could entirely cut them out, especially on platforms like OpenSea where creator earnings are optional or enforced inconsistently. Yes, some argue royalties can limit market liquidity and trading volume, but that’s a trade-off worth making to support creative freedom and financial stability. The recent turmoil on platforms like Foundation, where ownership reverted after failed sales, shows how fragile this ecosystem is; artists need dependable revenue streams. Otherwise, nft art could become dominated by speculators rather than creators.

NFT royalties can help artists, but unlimited or mandatory fees might scare off buyers and slow down trading; finding a balance could keep the market healthy for everyone.

NFT royalties do create friction in trading, but calling them totally unnecessary ignores how they provide ongoing income for artists, which can actually fund more innovation. Without some mechanism to reward creators long term, there’s less incentive to produce original work, hurting the ecosystem’s sustainability over time.

royalties are like a clunky speed bump on the trading highway, slowing down the market instead of helping artists like they claim.

NFT royalties sound like a good idea in theory, but in practice they just make trading harder and discourage buyers. Artists can find better ways to monetize their work than relying on a system that many platforms don’t even enforce properly. The market thrives when it’s free and liquid, not burdened by fees that end up hurting everyone.