Is the Royalties NFT ready or abandoned?

[amplifyx-admin]

Status: The royalty pull request hasn't been merged nor has there been any update to it in months. https://github.com/tqtezos/minter-sdk/pull/40

Background: We are in the process of building out a system to cater to artists who want to sell NFTs. An example real life use case would be as follow: Musicians may create songs for movies where they earn royalties from for life of that song. We would like to do something similar with NFTs. They have a limited edition song or asset sold by NFT. Any resell would cause a resell royalty fee. Any use of it would require the owner to call the royalty contract to pay the reuse royalty fee.

Questions: How close is the current royalty contract to being production ready? Has it been dropped from the minter-sdk? How may I help to move it forward? (still learning tezos ecosystem)

[arunavo4]

Is there any progress on this?

[EGuenz]

Hi, thank you for your question.

IMO the barrier to having a token contract that enforces royalties on any secondary marketplace sale is a lack of royalty standards for secondary marketplaces to support (See post 15 in https://forum.tezosagora.org/t/fa2-1-fa3-its-time/3704/15). Maybe you can move this forward by commenting on that thread. It probably doesn't make sense to work on this PR until there are standards established