Just a few days after a top NFT fell short of liquidity, creators have now found themselves in a pool of struggle.
NFT royalties reached the lowest value in two years due to a lack of liquidity and certain restrictions.The worth of royalties earned by NFT creators reached a two-year low, according to data from
. By definition, royalties are a way for the creator of an NFT to earn a certain amount from the secondary sale of the digital asset.For example, when a creator sells his work, the owner gets a portion of the sale price. And this enables the original creator to keep getting rewards for the work put into inventing the asset.The decline implies that transaction within the ecosystem has not been as impressive as creators would have envisioned. And yes, the reasons have been glaring.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Suisse announces NFT collection with Swiss women’s football teamSwiss investment bank Credit Suisse is collaborating with the Swiss Football Association to release a NFT collection amidst a market slump.
Read more »
SOL’s DEX and NFT volume stand out but its TVL tells a different tale…Solana rides the wave of success with a surge in DEX volume and positive NFT trade developments, while its TVL and SOL's rebound remain under scrutiny.
Read more »
Princess Kate takes her seat in Royal Box at Wimbledon, right next to Roger FedererKate, the Princess of Wales, had the best seat in the house Tuesday on Centre Court at Wimbledon -- in the front row of the Royal Box and right next to Roger Federer.
Read more »
BEHIND THE SCENES: Vibrant Counter-Protest Drowns Out Anti-2SLGBTQ+ DemonstratorsSudbury.com reporter Jenny Lamothe takes us behind the scenes
Read more »
BEHIND THE SCENES: Digging into a northern cold case murder trialSudbury.com reporter Jenny Lamothe takes us behind the scenes
Read more »
English men’s soccer has its first female head coach as Hannah Dingley takes over at Forest GreenHannah Dingley takes over at Forest Green as English men’s soccer first female head coach
Read more »