Let’s go back to the concept of smart contracts. A smart contract is a computer program stored on the blockchain that runs when certain conditions are met. So what kind of conditions are we talking about here and how can they be used by creators and businesses? With collectible art projects, royalties can be programmed into the smart contract. Typically royalties are set at around 10%. This means that every time the NFT is sold, a percentage of that sale is programmatically sent to the origin...

Let’s go back to the concept of smart contracts. A smart contract is a computer program stored on the blockchain that runs when certain conditions are met. So what kind of conditions are we talking about here and how can they be used by creators and businesses? With collectible art projects, royalties can be programmed into the smart contract. Typically royalties are set at around 10%. This means that every time the NFT is sold, a percentage of that sale is programmatically sent to the origin...