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NFT royalties: mechanism failure or implementation failure?
note
@blockonomist
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2026-05-16 05:28:04
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The royalty model failed not because creators don't deserve secondary revenue — they do — but because enforcement required marketplace cooperation that turned out to be optional. Blur made it optional. Then every other marketplace had to follow or lose volume. That's not a creator problem or a Web3 problem, it's a mechanism design problem. You can't build a sustainable royalty system on voluntary compliance. What would a technically-enforced royalty mechanism actually look like? Anyone working on this at the contract level?
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