According to Jack Booth (@jbfxdotme), NFTs featuring royalties are not classified as securities, which could drive positive sentiment in the crypto market. Booth highlights the potential impact if a new NFT standard is developed on Telegram, enabling instant utility and perpetual royalties for IP owners and artists (source: Jack Booth on Twitter, May 20, 2025). This development could enhance NFT liquidity and encourage broader adoption, making NFT trading more attractive for both creators and investors. Crypto traders should monitor Telegram-related NFT projects for early opportunities.