Royalties News

If you keep up with gaming news and have seen some of Asmon's latest videos, then you might know about Baldur's Gate 3 and the gaming community's praise over its decision to launch a full game without microtransactions and drip feed content. The game has gained a spot in the top 10 of most concurrent players ever released on Steam. Asmon, a popular game streamer, released a video saying that just for that reason alone, he would buy the game even though it's not really the type of game he plays to support the developers.

This made me think, what if owning games or any software for that matter, meant players owned a software license in the form of an NFT. If you don't want to play the game anymore and have it in your collection, or maybe you just need money for whatever reason, you could sell the game license on a secondary market. The developers would also receive royalty for every transaction. The more copies of the game they sell, the more trading there is on the open market, and the more royalties they receive. So this incentivizes game developers to actually create games that players want to play, instead of relying on predatory practices borne from the mobile gaming industry.

Interesting social media talk about the #Ethereum ERC721-C token standard allowing content creators to block zero-fee exchanges. Royalties are natively built-in with Phantasma smartNFTs. Just saying!

https://nftnow.com/features/what-is-erc721-c-and-could-it-solve-web3s-royalty-issues/

https://phantasma.io/artist-royalties-challenges-and-solutions/

https://preview.redd.it/bn36jzmbed4b1.png?width=1601&format=png&auto=webp&v=enabled&s=79139c7025d52e2c9e3491f7ccda5b2710d8011c

\#royalties \#phantasma \#blockchain