Protect Your Art with NFT Royalties: The EIP-2981 Standard

In recent years, the digital art world has gained a new dimension with the rise of NFTs. However, this shift has also introduced challenges for artists in protecting their rights. This is where EIP-2981 comes into play.

By 2025, NFTs are being utilized not just for artworks, but also for music, video, and other digital assets. However, the growing popularity of NFTs has created a complex situation regarding the management of artists' copyrights. EIP-2981 stands out as a standard aimed at addressing this issue.

EIP-2981: The Foundation of Royalties in NFTs

EIP-2981 is a protocol that standardizes royalty payments for Ethereum-based NFTs. It grants artists the right to earn a percentage of revenue from each sale of their work. This ensures that artists can maintain the value of their creations and provides them with a sustainable income model. So, how does it work? Let's take a closer look.

This standard integrates into the smart contracts of NFTs, allowing royalty payments to be automated with each transaction. In other words, when an NFT is sold, the predetermined royalty percentage is automatically transferred to the artist's wallet. I recently tested this feature while investing in an artwork, and I found it truly impressive. The process operates both transparently and swiftly.

Technical Details

• Transparency: EIP-2981 ensures that all transactions are recorded on the blockchain, guaranteeing that artists' rights are always protected.
• Automatic Payments: Royalties are transferred upfront to the artist's wallet after a sale, creating a continuous income stream for them.
• Flexibility: Artists have the freedom to set their own royalty rates for their works, providing them with greater control.

Performance and Comparison

To understand the performance of EIP-2981, it may be helpful to compare it with other NFT royalty management systems. Specifically, when compared to older standards like EIP-721, it offers more transparency and automation. For instance, it significantly improves the processes of retroactive payments and protecting artists' rights. In 2025, the number of transactions made under EIP-2981 increased significantly compared to previous years.

Advantages

• Increased Artist Revenue: Artists can build a sustainable model by earning income from each sale of their work.
• Enhanced Security: Records on the blockchain play a crucial role in protecting artists' copyrights.

Disadvantages

• High Transaction Fees: Particularly on the Ethereum network, high transaction fees can sometimes negatively impact artists' earnings.

"EIP-2981 is a standard that will revolutionize the digital art world. It's a significant step toward protecting artists' rights." - Blockchain Expert

Practical Use and Recommendations

EIP-2981 stands out as a standard that should be implemented, especially in digital art projects and NFT marketplaces. With this standard, artists can safeguard their copyrights while offering their works for sale. Recently, many NFT platforms have begun integrating EIP-2981, providing artists with this opportunity. For instance, when I tried to purchase a piece from an artist on an EIP-2981 supported platform, the process was remarkably smooth.

Conclusion

EIP-2981 emerges as a critical standard for the future of digital art. It plays an essential role in protecting artists' rights and offering them a sustainable income model. In my experience, this system also has advantages for art lovers like me; the increased earnings for artists enable them to produce higher-quality works.

What do you think about this topic? Share your thoughts in the comments!