Disputes and Solutions over NFT Royalties - oases nft
Recently, a number of NFT marketplaces have expressed their views on royalties. At first, X2Y2 took a bold stance, proposing customized royalties , Blur then supported incentive royalties, and OpenSea proposed a mandatory royalty contract. As a "consensus" feature that isn't forced into smart contracts but relies on centralized market rules, it has generated a lot of controversy amid the current bear market.
Firstly, mismatch of incentives. The NFT project team is to gain revenue based on volatility and the trade volume of its holders, but they gain nothing from their true believers . This may encourage the proliferation of low-quality, free-casting, but pump-and-dump collections, which is the complete opposite of the original intention of NFT issuance and is not conducive to the long-term development of the market.
• Retain the brand IP rights of NFT and actively participate in the market operation and commercial realization.• First, for the development of PFP projects, the royalty reform may move from partial reliance on royalties to no reliance on royalties to achieve a "soft landing". • Third, for a tool type NFT, which is essentially consumer goods rather than collectibles, the volume of its royalty is small. It will be gradually replaced by subscription fees or buyout fees, which will change the business model.
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