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Decentraland Starts Delivering Royalties to the Creators

Decentraland became one of the first big crypto metaverses. It’s a fully-fledged virtual world with a developed economy and a variety of activities. Moreover, the world can even host other games. For example, you can play Battle Racers and Zed Run directly in Decentraland.  

Recently, the metaverse implemented a special type of smart contract that allows wearable creators to receive royalties from every transaction conducted with their NFTs. This means that people who created the digital items will benefit from the rising value of their digital art too.  

The developers provided a special collection management tool where the creators can set a beneficiary address per item. 

On the Flipside

  • Only new collections created on Polygon are subjects for royalties. Unfortunately, the preexisting collection will only continue bringing profits to current holders; they are not retroactiveAlso, creators can decide themselves who will get royalties in the future or even refuse them.  

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