Royalty Management NFT

Crypto terminology 'Rug' refers to a sudden and deceptive withdrawal of liquidity by developers, leaving investors with worthless assets. Understanding this term helps investors recognize potential risks in the crypto market.

Royalty Management NFT refers to a system for tracking and distributing royalties to creators when their digital assets, like art or music, are bought and sold as non-fungible tokens (NFTs). This system ensures that artists and content creators receive a fair share of profits every time their work is sold in secondary markets.In traditional art and music industries, creators often miss out on profit as their work changes hands. With NFTs, smart contracts are utilized to embed royalty terms directly into the token. This allows for automatic payment to creators with each sale, ensuring they benefit from ongoing transactions.Royalty Management NFT not only supports creators but also enhances the value of digital assets. By providing transparency in royalty distribution, it builds trust between creators and collectors. This innovation is changing how artists monetize their work in the digital space, giving them more control over their earnings and fostering a sustainable ecosystem for creative industries.

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