3min chapter

d.MBA cover image

61- NFT Business Models

d.MBA

CHAPTER

I Can Make Something Digital Art, I Can Mint It

With digital art, there is even something more that can come in. When you create n of t, you can also set certain rules for future transactions. So the creator can define royalities that they get as soon as the noft is traded forward. With an an oft stored on the black block chan, you don't need a third party to keep track of these future selles and invalidate them. This seizes the power back to the creator, which was formerly held by a the said current owners or ordealers. And this is something thats altimate, recurring revenue for the person who created something, and gives power back to them.

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