Are NFTs a Sustainable Business Model for Creators Tokenizing Communities? | PART 1 of 3
The Milk Road Show
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Tokenize a Community to Increase Revenues
In comparison with the web to subscription model mentioned above, we typically see a monthly turnover rate of 0.67%. To earn $1,000 per month from a 10,000 person community, you would need 67 sales or trades,. I'm not sure many collections are going to reach that level anytime soon in the certain market that we're currently in. Currently, out of the millions of NFT collections in web 3, only 280 have a floor price above 1 ETH.
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