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NFT Royalties: Understanding the Concept and Its Role

Best for: Digital Artist, NFT Collector, Art Dealer, Blockchain Developer, Art Enthusiast.

Non-fungible tokens (NFTs) have taken the digital art world by storm, offering artists new ways to sell and monetize their works. One of the key features of NFTs is the ability to include royalties, which give artists a percentage of every subsequent sale of their artwork. This concept of royalties is fundamental to understanding the utility of NFTs and their role in supporting and empowering creators in the digital realm.

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