DigiByte (DGB), initiated in 2013, is a decentralized system and digital asset, fostering smart contracts and DApps powered by its own crypto token.
This article illustrates how we are now on the verge of another set of breakthrough applications—cryptocurrencies as the backbone of novel consumer experiences—powered by emerging infrastructure stacks.
This article explores how NFT royalties work, analyzes the pros and cons of existing blacklist and whitelist models, and proposes two new design methods—the whitelist combined with a staking mechanism and the "right of recapture" mechanism. These methods aim to ensure fair compensation for creators while enhancing the composability and user experience of NFTs.