Skip to main content

Institute for Regenerative Systems Architecture^™IRSA^™Catalysing systems designed for renewal

Loading...

Catalysing systems designed for renewal.

Research

Pathways
Explainers
Papers
Case Studies
Comparisons

Learn

Why Institutions Fail
Why Reforms Fail
Why Governance Fails
Why Accountability Fails
Short-Termism
All Entry Points →

Apply

Diagnostics
Dashboards
Programs

About

About
Approach
Governance
People
News
Contact

Newsletter

New research delivered to your inbox.

© 2026 Institute for Regenerative Systems Architecture™ (IRSA™). All rights reserved.

Back to Glossary

NFTs & Value Formalisation

Enforcement Gap (NFT)

Definition

The distance between what smart contracts specify and what actually happens in NFT markets. This gap exists because code cannot compel behaviour—it can only execute when called by platforms that may choose not to call it.

Example

100% of NFTs specify creator royalties in their smart contracts. Less than 20% of secondary sales actually pay those royalties. The gap between specification and reality defines the enforcement failure.

Source

NFTs Section 8

Read Explainer View Paper

Related Terms from NFTs & Value Formalisation

Failed Constitution

Formalisation Without Authority

Primary Sale Dependency

Secondary Market Extraction

Explore the Full Glossary

Search 905 terms across all IRSA research papers.

Browse All Terms