Exploring NFT Royalties: The “Right of Reclaim” Approach
"Right of reclaim" is a new way to handle NFT royalties. It avoids the trade-off between enforcing payments and allowing free use. Instead of using blocklists or allowlists, it encourages royalty payments for NFT sales using rewards. This doesn't limit how NFTs can be used freely. The idea changes what it means to "own" an NFT on the blockchain.