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NFTs Can and Will Be So Much More



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NFTs enable royalty payments to be enforced automatically (although some poor technical choices have created loopholes). Perhaps more importantly, artists can in principle dictate a set of future terms of sale of their works. An artist can decide, for instance, that she does not want her NFT ever sold for more than, say, $1,000. Or she might decide she wants to exert a right like France’s droit d’auteur, which allows artists some degree of ongoing control over their works after they’re sold. In some cases, they can even destroy them.



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