when NFTs are minted, the creator/artist is registered in the smart contract as a recipient of all future royalty payments from secondary sales of their NFT.
People lose wallets all the time: forgotten seed phrase, computer with software wallet died, etc
What happens if the NFT creator loses access to that wallet address that was registered to receive those royalties (the address with which they minted the NFT)? Can the smart contract be updated with their new royalty address (new wallet address)?
majority of people log into NFT platforms by connecting their wallet via Metamask, not with log-in names. meaning, they are identified purely by their wallet, and not even the NFT platform log-in process can be re-configured to redirect previous contracts to some new wallet address in my opinion