The ERC-721C standard revolutionizes creator compensation in the NFT industry. Developed for non-fungible tokens, it enables creators to enforce royalties directly through the blockchain. This prevents “wash trading” and ensures proper compensation for creators even in secondary market transactions.

Integration with OpenSea, enabled by the Dencun upgrade on Ethereum, allows for royalty enforcement and sales exclusively on supported platforms. Creators also benefit from Seaport 1.6, which enhances control over NFT sales conditions.

This standardization fosters fair compensation, incentivizes ethical trading, and safeguards the NFT industry’s integrity. In summary, ERC-721C is pivotal in promoting fair compensation for creators and legitimizing the NFT market’s growth.