TLDR LexART is a token factory that mints NFTs with automated royalties distribution to artists and collectors. Image assets of Twisted’s Wicked Sunday Club could be tokenized with different royalties and licensing schemes attached. Maybe the first 5 collectors to own the same asset can receive 1% royalties from future artwork transactions, and Twisted would receive something like 10%? Or maybe Twisted could exclude an asset owner from having the right to print on t-shirts as a challenge to the owner or community for finding dope items to print the asset on? 🤔🧐
We’re discussing this exact thing over on the MetaFactory Discord in our NFT Licensing Open Standard channel. A handful of teams & projects have teamed up to see if we can create a universal approach. Come join the conversation!
We’re discussing this exact thing over on the MetaFactory Discord in our NFT Licensing Open Standard channel. A handful of teams & projects have teamed up to see if we can create a universal approach. Come join the conversation!