NFT royalties provide value to creators via risk sharing, information asymmetry reduction, and price discrimination under realistic market conditions, expanding trade volume.
(2021), ‘Blockchain without waste: Proof-of-stake’, The Review of financial studies 34(3), 1156–1190
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Economics of NFTs: The Value of Creator Royalties
NFT royalties provide value to creators via risk sharing, information asymmetry reduction, and price discrimination under realistic market conditions, expanding trade volume.