Royalties

On AtlasX, An NFT creator can set royalties on their NFT creations and collections. They work as a percentage of sale value that is automatically paid to the original creator each time the NFT changes hands in the future.

For instance, if an artist mints an NFT with a 10% royalty and sells it for 1 ETH, they receive that 1 ETH upfront. Later, if that NFT is resold for 10 ETH, the original artist would automatically receive 1 ETH (10% of the resale price) as a royalty. This continues for every subsequent sale, creating an ongoing revenue stream.

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