Royalties

Onchain splits

To leverage the blockchain to it's maximum potential, an arbitrary amount of royalty splitting on chain is mandatory.

This allows for multiple parties to be paid in real time on sale and resale directly to their crypto wallets.

Limitations of EIP2981

The EIP2981 royalty standard is a valiant first effort towards creating a universal royalty standard. As the NFT industry sits currently, there is no way to enforce royalties across marketplaces.

This is for good reason. Users' should be allowed to transfer NFTS between wallets they own. However, it becomes impossible to know if the transfer was indeed a transfer or an OTC sale to another person.

As EIP2981 can only specify a single royalty_info field, it is not robust enough for multi party royalty splits.

Our solution incorporate the same smart contracting logic from our initial sales, to allow many different wallet address to receive programmatic royalties on sale and resale.