Thursday, March 28, 2024
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Royalties functionality comes to Cardano

CNFTHub.io is excited to announce that Royalties are now a thing on Cardano. Several key members of Cardano convened on Saturday, August 28th 2021 to iron out a community standard for the implementation of royalties. They can be used immediately, without the requirement of Smart Contracts. Every major NFT Maker and Marketplace have agreed to support the standard.

The details have been written as CIP-0027, which is viewable here:

https://github.com/cardano-foundation/CIPs/pull/116/files

We want to Thank everyone who participated in these discussions. It is an enormous victory for all Cardano Community Members.

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