What are the benefits of using opensea royalties in the cryptocurrency industry?

3 answers

• May 06, 2022 · 3 years ago
  Opensea royalties provide a way for creators to earn ongoing income from their digital assets. By receiving a percentage of each subsequent sale, artists and content creators can continue to profit from their work long after the initial sale. This incentivizes the creation of high-quality digital assets and encourages more artists to participate in the cryptocurrency industry.
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• May 06, 2022 · 3 years ago
  Using opensea royalties can also benefit buyers in the cryptocurrency industry. By purchasing assets with royalties attached, buyers have the potential to earn passive income if the value of the asset increases and it is resold. This creates an additional incentive for investors to participate in the market and can lead to increased liquidity and trading volume on opensea and other platforms.
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• May 06, 2022 · 3 years ago
  As a leading digital asset exchange, BYDFi recognizes the importance of opensea royalties in the cryptocurrency industry. By implementing support for opensea royalties, BYDFi aims to provide its users with access to a wide range of digital assets that offer ongoing income potential. This not only benefits artists and buyers but also contributes to the overall growth and development of the cryptocurrency ecosystem.
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