What do folks here think of the NFT mandatory vs optional royalty discussion currently going on?

Feels like FC is a much better place to have a conversation than on the blue app.

i've implemented EIP-2981, the royalties standard in contract, set manually in opensea, and used the manifold registry.

even for coded in contract, marketplaces still have to be willing to write the corresponding code to respect the standard and most don't.

high witch of woe ⚔️ | cryptocoven.xyz | art + code

hmm other issues with EIP-2981 are:

1. the documentation on how to implement is not very good / creator did not push (makes it hard to catch on)

2. older + popular nft projects you want your platform to support do not have it, so you have to implement a centralized solution

Fortunately Opensea is still 98% of trades for eth and respects them albeit in a centralized way.

I would never ship something actually good on Solana/Magic Eden, Its a VC backed cash grab + this decision reinforces that impression. As an artist, you pick your ecosystem.

i thiiink you wouldn't want to bake it directly in transfer since royalties only apply to sales vs moving between your own wallets

price is also set by the marketplace, its an eth <> nft swap kinda. if you left it up to them to pass price as an arg, they can also get around it.

But that’s just a limitation of EIP-2981 as long term full solution though right? If gas costs were negligible to the consumer, the royalty requirement and distribution could be baked right into the transfer functions themselves rather than the fee being metadata as in EIP-2981