Sterling Crispin, artist and software developer and Holly Herndon, host of the Interdependence podcast, talk about the problems that creators face, some potential solutions, and the debate over creator royalties.
- how Holly and Sterling got into crypto
- how Holly used the Holly Plus Project to pay royalties
- how NFTs change the economic experience of being a creator
- how creators make money and why it is so difficult for most of them
- whether NFT royalties are necessary for artists
- why creators are the ones that should decide to charge royalties or not
- how the enforcement of royalties also occurs in the traditional art world
- whether NFT royalties only benefit big players vs. smaller creators
- what shifts could make paying royalties a norm, the way paying for music streaming became a norm over piracy
- other solutions to helping creators earn from their work besides NFT royalties
- whether NFT creators should use blocklists
- whether people objecting to blocklists can be hypocritical about decentralization
- whether creators can build their own marketplaces
- how a profit-sharing model among creators could work
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- Previous episodes of The Chopping Block debating NFT Royalties:
- Solana Could Get Enforceable NFT Royalties Via New Metaplex Standard
- Why NFT royalties are almost impossible to enforce on-chain
- Galaxy Digital report showing that Nike and Yuga Labs earned the most in NFT royalties.
- Royalties in NFTs: Yes, no, and why?
- Royalties Chaos Shows Ethereum NFT Market ‘More Serious’ Than Solana: Fidenza Artist Tyler Hobbs
- Artists’ Royalties by BlackBox.art
- On Royalties by foobar
- Kyle Samani thread on verticalization
- Collector Royalties
- Profit Sharing
- Cardinal Labs
- Metaplex Standard
- Exchange Royalties Guarantee