NFT royalties provide value to creators via risk sharing, information asymmetry reduction, and price discrimination under realistic market conditions, expanding trade volume.
(2021), ‘The non-fungible token (NFT) market and its relationship with Bitcoin and Ethereum’, Available at SSRN 3861106
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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.