noun
Internet Slang
royalties
ROY-uhl-teez · noun · informal
A creator's cut of every NFT resale, set in the contract.
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Definitions
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A percentage (typically ~5-10%) that an NFT's creator earns on every secondary-market sale, encoded in the smart contract at mint.
“The team lives off 7.5% royalties on secondary sales.”
by community
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royalties In A Sentence
The team lives off 7.5% royalties on secondary sales.
Origin & Usage
NFT innovation enabling ongoing creator revenue; explained by Coinbase.
Variants
royalty
People Also Ask
What are NFT royalties?
They're a percentage — usually around 5-10% — that the creator earns on every secondary sale of their NFT, encoded in the smart contract at mint.
Are NFT royalties guaranteed?
Not fully — some marketplaces made royalties optional, so enforcement varies and creators don't always receive their intended cut.
Who pays NFT royalties?
They're paid out of the resale proceeds on the secondary market, effectively coming from the seller's side of each transaction.
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