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I have a question on NFT Art

by MohamadA

Hey all,

Hope everyone's doing great today.

I had a quick question(s) for all you NFT fans on IH.

  1. Among successful NFT collections, what is the average secondary sale royalty fee?

  2. Does the secondary sale royalty fee affect the success of your project (if it's between 5-10%)?

Thanks!

MohamadA's avatarMohamadA
on December 19, 2021
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  1. 1

    The royalty really affects the success of an NFT Collection, generally you can never go wrong with a 15% royalty, 20% max

    I'm also an NFT Collector and a huge turn off is a 25% royalty cause on secondary i might see for more than i bought but make a loss after you take your royalties

    Except if your Art/ Collection concept is ground breaking, play it safe with 15%

    Moyo's avatar Moyo
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    5 years ago
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  2. 1

    I have no idea, but I’ve also wondered about the impact of a perpetual royalty fee. It’s always put forth in a positive light when people talk about smart contracts, but it looks like a tax, to me.

    Shaunau's avatar Shaunau
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    5 years ago
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