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Comment by moultano | Hacker News Reader

Tip the artists you love. If you want you can send them money by paying for prints, or buying originals, but ultimately just send them money. There's no need for it to be transactional. If there are artists in the world that make things a little more beautiful for you, you can just pay them for that, without any need for it to be tied to something concrete.

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It's also transactional if they put the work behind a centralized DRM system, yet somehow we are not pushing back against that, which to me suggests a lack of imagination.

Buying an NFT directly from the artist could be seen as this form of tipping.

Buying one from anyone else is clearly not.

As far as I understand it, some NFTs are built where the original creator gets some percentage of every sale.

How can the contract know the actual sales price? I.e. sure, it can see a transaction, but it can't see the second transaction with the rest of the sum, or the cash that changed hands at the same time.

My understanding is that the USD value attached to an NFT is just the equivalent of however much ETH is being traded. If some outside monetary platform is being used to exchange the item then the real price wouldn’t be known.

The major NFT exchanges like OpenSea and Mintable enforce it in the marketplace. But otherwise it's mostly honor system right now.

So basically the same way it's done with traditional meatspace paintings: you make a (legal) contract stipulating it, or you rely on people to do it because they think it's right.

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