Add royalties to Singular, so artists can earn secondary market income. An artist should be able to define the recipient of the royalty, as well as the percentage, ranging from 0 to 25%.
Activity Newest / Oldest
Status changed to: Live
Status changed to: In progress
Will there be any feature related to the royalties so that creators could retroactively (just one time) set royalties for existing collections or is this just bad luck for the existing ones when the feature is deployed? Thanks for all the work!
One RAW Artist
and should add the option for artists to collaborate , and split the royalties latter
This is not going to be added - multi-transfers are out of context, and should be set up by the artists in a multi-sig instead.
We have a spint to add RMRK2.0 (including royalties) to Singular in the next few weeks, hopefully it'll succeed 🤞
How much progress have you made with the royalties? Is there already a possible date for the implementation?
how is it progressing?
In addition to the royalities, there should be something similar to assign a percentage to a gallery or other intermediary. This is also important for partnership actions to market NFTs.
That's a userland implementation. Apps can easily implement this in their UI. This is about the much more complex problem of logging royalties on chain so multiple apps can respect this in a standardized way
Status changed to: Planned