Are NFTs a Sustainable Business Model for Creators Tokenizing Communities? | PART 1 of 3
The Milk Road Show
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NFT Tokenized Communities
The current business models of NFT tokenized communities are counterintuitive to the mission of building a successful community. The better the community you build, the less likely your community members will sell their NFTs and thus less revenue earned on royalties. Some NFT communities have actually earned a considerable amount of revenue on royalties over the last few years. But again, I questioned if this is just a byproduct of the spec of mania or 2021 of 2021 or if this will continue long term.
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