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SuperRay Founder Jonathan Perkins Discusses the Importance of Artist Royalties at NFT Paris Conference

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According to reports, Jonathan Perkins, founder of SuperRay, said during the NFT Paris conference that the decision to pay the creator had been made five years…

SuperRay Founder Jonathan Perkins Discusses the Importance of Artist Royalties at NFT Paris Conference

According to reports, Jonathan Perkins, founder of SuperRay, said during the NFT Paris conference that the decision to pay the creator had been made five years ago. He said: “At that time, we took a controversial measure to include artist royalties. If we can help artists make money through royalties, why not at least try it? Therefore, we have played a certain role in establishing certain standards, at least in art. SuperRare’s royalties will not disappear.”

Founder of SuperRare: SuperRare’s NFT royalties will not disappear

Interpretation of the news:


Jonathan Perkins, the founder of SuperRay, recently gave a talk at the NFT Paris conference emphasizing the importance of artist royalties. According to reports, Perkins mentioned that the decision to incorporate artist royalties into his platform was taken five years ago. He stated that, after considering how they could help artists make money, they decided to implement this controversial measure. Perkins believes that establishing standards for artist royalties in the art world is essential to maintain a fair profit for creators.

SuperRay is a well-known digital art marketplace that has played a significant role in promoting the use of non-fungible tokens (NFTs) to sell and purchase art. The platform has become popular due to its unique features that ensure transparency, authenticity, and exclusivity of digital art transactions. The inclusion of artist royalties on their platform has helped SuperRay gain a reputation as a supporter of artist rights in the NFT space.

Perkins stated that the incorporation of artist royalties on SuperRay has helped establish a new standard for the art world. By compensating creators, Perkins believes that they are helping to incentivize the creation of high-quality works while ensuring that artists are fairly compensated for their contributions. Perkins’ vision is to leverage his platform as a catalyst to improve the status quo by advocating for artists’ rights and creating a more equitable system.

Historically, artists have struggled to earn a significant profit from their creations. Most often, artists’ earnings come from the resale of their works, which usually happens many years after the initial sale. Fortunately, NFTs have made it possible for artists to earn royalties every time their work is resold. Despite the controversy, Perkins plans to continue implementing artist royalties on SuperRay, emphasizing that they serve to maintain the platform’s integrity and promote ethical and fair practices.

In conclusion, Perkins’ vision of promoting artist royalties through his platform is significant. It is an integral part of the NFT ecosystem and could help improve artists’ fortunes. Establishing such standards may be difficult, but it is essential for the NFT industry to keep growing while treating artists fairly. The advocacy of SuperRay and Perkins is an inspiring and welcome step in the right direction.

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