Zero Royalty NFTs gaining steam in the bear market – Katoch Tubes

Zero Royalty NFTs in fashion

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

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?

New NFT marketplaces Yawww, HadeSwap started the trend and witnessed tremendous demand for such NFTs

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

Ethereum based NFT marketplace LooksRare also joined the trend by making royalties optional when trading NFTs.

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

Checkout LooksRare marketplace on Ethereum

Learn more

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