Cryptocurrency Q&A
Is it worth creating an NFT?
Is it worth creating an NFT?
TaegeukChampionCourage
Sat Nov 23 2024
|
7 answers
1472
I'm considering whether it's worthwhile to create a non-fungible token, or NFT. I'm curious about the potential benefits and drawbacks, as well as the practicality of it in the current market.
7 answers
MysticMoon
Mon Nov 25 2024
This process allows artists to assert control over their work in a way that wasn't possible in traditional art markets.
Was this helpful?
151
20
CryptoElite
Mon Nov 25 2024
In contrast, traditional art markets often lack such a royalty structure, leaving artists with a one-time payment.
Was this helpful?
346
26
Alessandro
Mon Nov 25 2024
With NFTs, artists have the ability to set their own prices for their work, giving them more financial autonomy.
Was this helpful?
211
68
AmyDavis
Mon Nov 25 2024
Moreover, artists can potentially earn royalties on secondary sales of their NFTs.
Was this helpful?
267
37
ShadowFox
Mon Nov 25 2024
This feature is particularly attractive as it provides a continuous stream of income from their work.
Was this helpful?
92
46
Load 5 more related questions
