Zero Royalty NFTs gaining steam in the bear market – Katoch Tubes
Zero Royalty NFTs in fashion
Zero Royalty NFTs in fashion
About Zero Royalty
About Zero Royalty
Zero Royalty is the new NFT trend which allow buyers to purchase NFTs without paying the royalty fee.
The cost of NFT Royalty
The cost of NFT Royalty
Everytime when an NFT is sold, its royalty gets paid directly to the creator ranging between 5%-12% of net sales.
Who started the trend?
Who started the trend?
New NFT marketplaces Yawww, HadeSwap started the trend and witnessed tremendous demand for such NFTs
Magic Eden joins the list
Magic Eden joins the list
Leading NFT marketplace on Solana i.e Magic Eden join hands with Coral Cube to boost its efforts towards royalty free NFT
LooksRare entry
LooksRare entry
Ethereum based NFT marketplace LooksRare also joined the trend by making royalties optional when trading NFTs.
Bad news for Creators
Bad news for Creators
This is seemingly bad news for creators. They won't be able to generate passive income from the sale of their NFT art.
More About LooksRare
More About LooksRare
Checkout LooksRare marketplace on Ethereum
Learn more
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Also Read:
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Crypto laundering
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Magic Eden U-turn
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Magic Eden U-turn
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Reddit NFT Avatars
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Reddit NFT Avatars
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