100 PROOF Live: Moonbirds Mythics Launch + Michael Bouhanna
Vaulted by PROOF
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The Importance of Creator Royalties in Digital Art
Traditionally the auction houses have not honored creator royalties on secondary market sales I think but with the 3AC sale you did explicitly talk through maybe what has been the traditional model. So we've done it and for us there were no questions that we will have, we would honor the shareholders' royalties. If you buy a superarch token on OpenSea it doesn't always drive the royalties to the artists because it's not set at the smart contract of the level of the market place.
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