It’s not still the early days of blockchain

Re:It’s not still the early days of blockchain by Dwolb on Saturday January 15, 2022 @08:28AM (#29946173)

It’s marketplace-specific right now but the standards are evolving to support it natively: https://www.gemini.com/blog/exploring-the-nft-royalty-standa...

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Re:It’s not still the early days of blockchain by lottin on Saturday January 15, 2022 @09:14AM (#29946475)

The linked article talks about implementing a tax on re-sales of NFTs. It says nothing about royalty fees.

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Re:It’s not still the early days of blockchain by Dwolb on Saturday January 15, 2022 @09:28AM (#29946602)

We might not be aligned on the definitions.

“EIP-2981 is a standard that focuses on signalling to market participants the royalty payment information for a given NFT or set of NFTs.”

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Re:It’s not still the early days of blockchain by lottin on Saturday January 15, 2022 @10:40AM (#29947151)

I don't know what this means. Let's say I own the copyright of a musical composition, and I sell a license to a film producer. How does this standard help me collect royalty fees?

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Re:It’s not still the early days of blockchain by Dwolb on Saturday January 15, 2022 @01:05PM (#29948662)

You make money upon the sale and transfer of the NFT.

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Re:It’s not still the early days of blockchain by lottin on Saturday January 15, 2022 @02:05PM (#29949191)

I can see that. How would that help with collecting royalty fees in a typical scenario like the one I described?

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Re:It’s not still the early days of blockchain by Dwolb on Saturday January 15, 2022 @02:32PM (#29949412)

I don’t fully understand the point of disagreement here.

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Re:It’s not still the early days of blockchain by lottin on Saturday January 15, 2022 @03:41PM (#29950038)

It's a simple question.

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