Reator royalties have been a major part of the NFT market over the years. Artists of all faiths were able to survive in the early days Web3.0 creative economy by a combination of primary sales and kickbacks from secondary market royalties. Despite being crucial, creator royalties are not hard-coded into any smart contracts. Creator royalties also known as creator fees are an option that is used to reserve a percentage of secondary sales (peer to peer trades), and send it back to the NFTs originalator.
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