Discover and read the best of Twitter Threads about #nftroyalties

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NFT creator royalties have been the focus of many controversies in the last year πŸ“†

Now, @limitbreak, the creators of #DigiDaigaku, have come up with a solution:

Programmable royalties smart contracts powered by 'staking'

Here's how it worksπŸ‘‡

#NFTRoyalties #SmartContract
Limit Break's much-needed solution is called 'Creator Token Contracts'

It's a library of opt-in, backwards-compatible smart contracts that intends to:

β€’ Eradicate the threat zero-royalty systems pose to creators 🎨
β€’ Prepare NFTs for the future of web3 gaming 🎲
Simply put, Creator Token Contracts are programmable smart contracts to enforce royalties on chain ⛓️

Being backwards-compatible, they can work on any ERC-721 contract, even deployed ones

And, they allow on-chain royalties to be enforced on individual NFTs within a collection!
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