Would a secondary market royalty benefit the community? Can you tell me how, and I’m personally wondering if there are any University papers concluding a positive effect on mitigating squatting?
Royalty fee is good for the artists. Traditionally, the artist might only sell their works at a low price at the very beginning. Later on, the artists won’t make money even if people rediscovered the value and the price skyrockets.
Royalty fee ensures that the artist could still share revenue if people discover the underestimated masterpieces, which is actually pretty common in arts.