Cryptocurrency Analysis and News Portal
“The growth of zero-royalty marketplaces has eroded the general willingness to pay royalties throughout the NFT space,” the company explained, adding that its new royalty structure is meant to be “a competitive solution that still benefits creators.” Source
Read More
“Because they’re driven by market volume and velocity of the NFT space in general, not many people are making tons of money from royalties,” Qadir said. Royalties, which are considered to be “social norms enforced by marketplaces,” Qadir said, are used as a way for creators to earn money on
Read More
According to data from Dune Analytics cited in the report, Nike, which acquired digital collectibles startup RTFKT, made $91.6 million in consolidated NFT royalties in comparison. Other real-world brands including Gucci, Adidas, Nickelodeon, McLaren that have successfully integrated NFTs into their business models have made some money off NFT royalties,
Read More
Solana-based Magic Eden has become the latest NFT marketplace to shift to an optional royalties model, following in the footsteps of X2Y2 in August, albeit reluctantly. Under the optional royalties model, buyers are given the power to set the royalties they want to contribute to an NFT project, meaning there is
Read More
Royal will sell the collection of 2,110 Diplo LDA tokens on March 29. The token’s three tiers correspond to different percentages of ownership, with the cheapest, $99 token giving its owner 0.004% of the song’s streaming royalties and the most expensive, $9,999 tier giving 0.7%. Source
Read More
As the ETHDenver developer conference gets underway, the incubator ConsenSys Mesh told Cointelegraph that it's planning a Friday announcement regarding a new addition to its portfolio. The team will debut details about TreeTrunk, a nonfungible token, or NFT, platform that aims to eliminate the risk of centralized platforms failing to
Read More