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b'Welcome to The Chopping Block! Host Haseeb Qureshi partnered with Zhuoxun Yin, cofounder of Magic Eden, to debate Unchained host Laura Shin and Li Jin, cofounder at Variant Fund, on the topic of NFT Royalties.\\xa0\\n\\nShow highlights:\\n\\nWhat NFT royalties are\\n\\nWhy Laura believes zero NFT royalties is a bad business decision prioritizing short-term needs over long-term ones and that it will turn creators off from the industry\\n\\nHow charging royalties is not sustainable, according to Haseeb\\n\\nWhy royalties are the best mechanism to align incentives between creators and holders, according to Li\\n\\nThe technical limitations of NFT royalties on a general-purpose blockchain like Ethereum or Solana\\n\\nHow to align incentives between NFT creators and holders\\n\\nWhy the prices of NFTs would go up if royalties are not enforced\\n\\nWhether the NFT market will change in the future\\n\\nWhether it is possible to create a standard that enforces royalties in a smart contract\\n\\nThe creators\\u2019 reaction to Magic Eden moving to optional royalties\\n\\nThe possibility of a bifurcation of the NFT market\\n\\n\\n\\n\\nHosts\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\nGuests\\nLaura Shin, author, and host of Unchained\\nZhuoxun Yin, cofounder of Magic Eden\\nLi Jin, cofounder of Variant\\n\\nEpisode Links\\n\\nMagic Eden Optional Royalties - Unchained Coverage\\xa0\\n\\nPost-debate poll\\n\\n\\nTool Metashield\\xa0\\n\\n\\nThe standards innovation paradox by Li Jin\\n\\nX2y2 flexible royalties\\n\\nPrevious episodes of The Chopping Block debating NFT Royalties\\n\\nThe Chopping Block - Ep. 405\\n\\nThe Chopping Block - Ep. 386\\n\\nArticle: Why NFT Creators and Collectors Can\\u2019t Stop Talking About Artist Royalties\\n\\n\\nArticle: NFT Royalties: Why artists love them, and traders don\\u2019t\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'