Raoul Pal agitated about NFT creators not getting royalties

Raoul Pal tweeted that why NFT creators don’t get royalties. Fairness was a critical facilitator of Web 3, so they got their fair share and avoided platform price wars. They are more deserving of greater good than Web 2 all over again. It also compels product oversaturation because it is the only way for individuals to earn a living (by selling more stuff) if royalties are not paid.

I just don’t get why NFT artists and creators should be forced to not get royalties. Fairness was one of the key enablers of Web 3, so they get a fair share and not get involved in platform price wars. They deserve better than web 2 all over again

— Raoul Pal (@RaoulGMI) February 17, 2023

Accessibility is a genuine functionality for NFT systems. For example, access to events, goods, people, or locations The NFT must be a crucial component in gaining full rights to that which defines lasting value. NFTs are one-of-a-kind electronic devices that can provide value in addition to their financial price.

Raoul Pal is the CEO of Global Macro Investor. Macro Investing, also known as “global macro investing,” relates to making investments based on international financial trends, such as which foreign reserves have performed best and are likely to perform best in a situation of financial chaos.

Global macro hedge funds are consciously active funds that seek to make money from huge market changes brought about by political or financial events. Global macro hedge funds are business wagers made in response to economic changes. 

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