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How Creator Royalties works on Quantix
Quantix platform supports standard royalties systems such as EIP-2981, Manifold and Foundation, Rarible,️ SuperRare and others.
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Royalties are paid by the seller of the NFT and transferred to the creator depending on chosen Quantization type.
If the seller has chosen standard Quantization the royalties are transferred to the creator at the end of the Quantization phase.
If the seller has chosen Self Quantization the royalties are transferred to the creator when the entire NFT is sold.
These kinds of royalties are configurations that are baked into the original token contract (on-chain). They provide a way for marketplaces to ask those contracts what the appropriate royalty amount is and who the royalty recipient should be for any token in that contract. A service like https://royaltyregistry.xyz/lookup allows to check whether a specific NFT supports those royalties and who are royalty recipients.
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