Kanye West wants royalties on paparazzi photos with the help of NFT

Kanye West has expressed frustration with the paparazzi after he was filmed arriving at Miami International Airport on Monday, according to a video released by ET Canada. Kanye is heard telling the cameraman:

“It’s really one-sided. You can follow us, you can watch anytime from the hotel. They don’t give us a percentage of what they earn from us, from our children. And I will change that. “

Kanye in Miami | Source: ET Canada

The cinematographer argued, “Without an honest photograph, there would be no story [documentada] by celebrities.” Certainly It was clear that Kanye’s primary interest was licensing rights to paparazzi photos rather than concerns about perceived invasion of privacy.. “You know, for NFT people [tokens no fungibles] They are constantly paid for the product they produce. So my picture is part of something I should be paid for. We all have to make money together,” Kanye said.

Kanye West wants royalties on paparazzi photos with the help of NFT
Kanye West wants royalties on paparazzi photos with the help of NFT

NFT platforms, such as OpenSea.io in particular, allow creators to set royalties of up to 10% and earn a profit every time the artwork is sold through the platform. However, the viability of the joint share of the celebrity photo proceeds remains questionable. First of all, the major NFT platforms don’t typically apply each other’s royalty structures, meaning that if their OpenSea NFT, for the sake of the argument, were sold elsewhere, the creators would not receive funding. Furthermore, the issue of the original work’s copyright can only be resolved through off-chain negotiations.

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