Royalty. A celebration of a new social standard enforced by smart contracts the artist resale percentage, royalty. The droit de suite first instituted in France in 1920 but never well enforced worldwide. The blockchain and the efforts of artists, collectors and platforms it has become a standard for NFT art. Now embedded into the smart contracts of many blockchains it is revolutionizing the lives of artists worldwide. Royalties can be collected and paid out with minimal friction and without a royalties broker taking a percentage to manage the payouts.
