Creating Sustainable Businesses With Web3
Web3 Business Podcast
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Is There a Recurring Revenue Model in the Blockchain?
Right now a lot of these people are banking on creator fees, which is the ongoing fee that OpenSea, MagicEden and others will pay. The challenge is OpenSea could say we're not going to do creator fees anymore. So then all of a sudden you've got to keep launching projects, which takes down the value of the main project potentially. Even like the royalty business, I mean, yeah, it can be lucrative, but it's also counterintuitive to what you're trying to build.
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