Surviving Lower NFT Royalties 💪
4 tactics for NFT creators dealing with decreasing royalties!
Dear Bankless Nation,
As the NFT ecosystem continues to evolve and zero- or low-fee marketplaces keep coming to the fore, many creators are facing lower royalty payments from their secondary sales.
More thoughts on the move.
1. The average royalty across ETH marketplaces had gone from 5% to 2.3% since the summer. Got as low as 1.7% and the only reason it was brought higher was Sewer Passes blocking Blur. With Blur's work-around, the the average went back lower.
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William M. Peaster
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
