CHART on Creator Royalties on NFT platforms: which respect full creator royalties and which don’t (Part I)

[T]he current U.S. copyright system leaves many visual artists at a practical disadvantage in relation to other kinds of authors…. Because most artworks are not produced in copies, the visual artist receives a financial interest in only one work – or at best a few copies of that work. Other creators face no comparable limitation,…

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Artist Pak sells 266,445 NFTs for one (evolving) work The Merge for $91.8M on Nifty Gateway

Pak, the pseudonymous artist, may have wrested the title of the highest sale for a NFT-based artwork, although it’s unclear how to view it. Mike Winkelmann, aka Beeple, holds the record for the highest NFT sale at $69M for Everydays: The First 5,000 Days, which sold this past March 2021 at a Christie’s auction. Pak’s…

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