Why are NFT royalties becoming increasingly important for cryptocurrency investors?

3 answers

• Likith NageshMar 15, 2023 · 2 years ago
  NFT royalties have gained importance in the cryptocurrency world due to their potential for generating passive income. When investors purchase NFTs, they not only own a unique digital asset but also gain the rights to earn royalties whenever the NFT is resold. This creates a new revenue stream for investors, as they can earn a percentage of the resale value. With the increasing popularity of NFTs, the potential for earning royalties has become a key factor for cryptocurrency investors to consider when making investment decisions.
  535

  268
• ahmad naderiJan 05, 2024 · a year ago
  NFT royalties are becoming increasingly important for cryptocurrency investors because they provide a way to monetize digital art and other digital assets. Traditionally, artists and creators have struggled to earn ongoing income from their work, especially in the digital realm. NFT royalties offer a solution by allowing creators to earn a percentage of the sales each time their NFT is sold. This not only incentivizes artists to create more high-quality digital assets but also provides investors with the opportunity to support their favorite artists while potentially earning a return on their investment.
  611

  204
• Stephens LauesenAug 17, 2022 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi recognizes the growing importance of NFT royalties for cryptocurrency investors. NFTs have revolutionized the art and collectibles market, and royalties add an additional layer of value for investors. By earning royalties, investors can benefit from the success of the NFT marketplace as a whole, as well as the individual success of specific NFTs. This creates a win-win situation for both artists and investors, as it incentivizes the creation of high-quality NFTs and provides investors with the potential for long-term passive income.
  582

  146