1) Because they’re the fairest way to reward creators for their work!
However, as with any new and exciting technology, there are always those who want to take advantage of it. We’ve seen it happen time and time again, with people creating NFTs and then selling them for a huge profit without giving any of that money back to the creators.
At OpenSea, we believe that creators should be fairly compensated for their work. That’s why we’ve decided to stick with NFT creator royalties.
Royalties are a percentage of the sale price that goes back to the creator, and we think that’s the fairest way to reward them for their work. It’s also the best way to ensure that OpenSea remains a thriving marketplace for years to come, where creators can continue to profit from their work.
So if you’re an NFT creator, we hope you’ll consider listing your work on OpenSea. We’re committed to supporting creators and ensuring that they’re fairly compensated for their work.
2) Because it aligns with our mission to support creators and help them thrive!
OpenSea is committed to supporting creators and helping them thrive. That’s why we’re sticking with NFT creator royalties.
Royalties are a key way that creators can make a living from their work. They help ensure that creators are compensated for their creations, even if they’re not the ones selling them.
We believe that NFT creators deserve to be compensated for their work. That’s why we’re continuing to support royalties on OpenSea.
We know that royalties can be a complex topic. If you have any questions about how they work on OpenSea, feel free to reach out to us at support@opensea.io.
3) Because we believe in the power of NFTs to help creators earn a living from their art!
But as powerful as NFTs are, they’re still a relatively new technology. And like any new technology, there are still a lot of kinks that need to be ironed out. One of the biggest issues right now is the lack of standardization around NFT creator royalties.
Some platforms, like OpenSea, have taken a strong stance on creator royalties, choosing to give creators a percentage of each sale made on our platform. We believe that this is the fairest way to ensure that creators are compensated for their work, and that it’s the best way to support the continued growth of the NFT market.
Other platforms, however, have chosen to take a different approach, opting instead to charge a flat fee for each NFT sale. This might seem like a good deal for creators at first glance, but in reality, it can end up being quite unfair.
If an NFT sells for $100 on a platform that charges a 5% fee, the creator would earn $95. But if the same NFT sells for $1,000 on a platform that charges a flat $10 fee, the creator would only earn $990. In this scenario, the creator would actually be better off selling their NFT on a platform that charges a percentage-based fee.
At OpenSea, we’re committed to supporting creators and giving them the best possible chance to succeed. That’s why we’re sticking with our policy of giving creators a percentage of each sale made on our platform. We believe that this is the best way to ensure that creators are fairly compensated for their work, and that it will help to support the continued growth of the NFT market.
4) Because we want to make sure that creators are fairly compensated
Royalties are a key part of how we ensure that creators are fairly compensated for their work. They help to ensure that creators continue to receive income from their creations even after they’ve been sold, and that they’re able to benefit from any future increases in the value of their work.
We believe that royalties are the best way to ensure that creators are fairly compensated for their work, and we’re committed to supporting them.
