Royalty Math

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CC BY-NC-SA 4.0 License. Comic Transcript

B: So here’s the thing about smart contracts that is making NFTs — at least, the NFTs in their current form — so popular: you can set the terms of your smart contract so you not only get paid for the initial sale of an NFT, but also every time it’s resold.

A: You can do what?

B: It’s pretty simple: you put in the smart contract an initial sale price — you get all of that. You can...