• jarfil@beehaw.org
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    2 年前

    The real question would be: how many of those 5% can be sold for more than the initial asking price.

    …but NFTs were never for the buyers, they were for the creators: even if they fall to 1/1000000th the initial value, a 2.5% cut on every sale is still more than 0.

    • festus@lemmy.ca
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      2 年前

      If the values fall low enough relative to transaction fees then there won’t be any transactions at all for creators to collect royalties. Also values can drop to literally $0 if it isn’t even worth a buyer or sellers time to deal with the NFT (i.e. seller can’t find buyer at any price or doesn’t bother trying).