Wednesday, November 6, 2024
Home > News > Bitcoin News > Artists Weigh In on the Battle Over NFT Creator Royalties

Artists Weigh In on the Battle Over NFT Creator Royalties

“No other industry was affected by piracy like music was in the early 2000s,” Guerrero said, explaining that royalty payments suffered as streaming and torrent services gained popularity. “Musicians are already fighting for royalties of any use of music independent of Web3, but some big voices in the space are saying that musicians should only be paid through actual NFT sales, and in some cases, royalties only through secondary sales.”

Source