Sterling Crispin, artist and software developer and Holly Herndon, host of the Interdependence podcast, talk about the problems that creators face, some potential solutions, and the debate over creator royalties.

Show highlights:

how Holly and Sterling got into crypto
how Holly used the Holly Plus Project to pay royalties
how NFTs change the economic experience of being a creator
how creators make money and why it is so difficult for most of them
whether NFT royalties are necessary for artists
why creators are the ones that should decide to charge royalties or not
how the enforcement of royalties also occurs in the traditional art world
whether NFT royalties only benefit big players vs. smaller creators
what shifts could make paying royalties a norm, the way paying for music streaming became a norm over piracy
other solutions to helping creators earn from their work besides NFT royalties
whether NFT creators should use blocklists
whether people objecting to blocklists can be hypocritical about decentralization
whether creators can build their own marketplaces
how a profit-sharing model among creators could work

Thank you to our sponsors!

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Sterling:

Twitter
Website
Blog post: NFTs and Crypto Art: The Sky Is not Falling

Holly:

Episode Links

Previous episodes of The Chopping Block debating NFT Royalties:
The Chopping Block: Two on Two Debate: NFT Royalty Throwdown!
The Chopping Block: Was This Gary Gensler’s Most Liked Tweet?
The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?

NFT Royalties

Magic Eden
Magic Eden Moves to Optional Royalties and Heats Up the Debate
MetaShield
Solana Could Get Enforceable NFT Royalties Via New Metaplex Standard
Why NFT royalties are almost impossible to enforce on-chain
Galaxy Digital report showing that Nike and Yuga Labs earned the most in NFT royalties.
Royalties in NFTs: Yes, no, and why?
Royalties Chaos Shows Ethereum NFT Market 'More Serious' Than Solana: Fidenza Artist Tyler Hobbs
Artists’ Royalties by BlackBox.art
On Royalties by foobar
Kyle Samani thread on verticalization

Potential solutions

NFTs for n00bs: A brief history of tokens and tulips, NFT aesthetics, energy dramas, fan

brigades, social tokens and the metaverse with Daniel Keller

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