Binance NFT Marketplace Review
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The Binance NFT marketplace launch seems to have come with a pathetic 1% royalty payment for creators….why!!! Learn more about the NFT platforms features, …
Vídeo
UPDATE: Binance is going to be one of the safest bets out there for buying and selling NFTs on so from that point of view its 100% worth taking a look at. After researching this 1% thing for hours I came across an interesting tweet that states that on some platforms, if you mint an NFT on them and then sell the nft on a different marketplace, you do not get any royalties passed over, so for example if you mint on Opensea and sell on Rarible. So the 1% offer there isnt as bad as it sounds from that point of view and makes more sense as to why they do that
You have a way too high quality of a video to have only 4k subs. Good luck with your growth, the video is well thought out and informative!
The Arabian Camels NFT items are goods?
eughhhh, indeed. i'm a 79 year-young artist – i never build in a royalty, because i've never needed it. my next painting makes more, is all that happens, and i then donate more to charity. i'll definitely steer my marketing students to view this important video – thanks!
WazirX launched NFT marketplace. Try to cover it.
India has lot of potential. Your channel will get good number of views too.
i think for all the other marketplace they actually kept a 10% royalty by default
You should take a look a Black Eye Galaxy. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking.
Atleast we are getting royalties 🤣
I’m hanging out for weyu, do you have any idea when they are going live?
No. 1% is BS!!! I will not ever use this platform.
love your style. Thanks for the interesting content.
Putting a 1% royalty on a million dollar art may be justified. may be. An umbrella restriction like that could be a deal breaker for artists who initially price it low..
@5:08 😀 😀 😀 😀 😀 😀 😀 😀 😀
Why would I create on a platform that restricts me to a 1% royalty? that's a con
An NFT project that you should look at is Colosseum Cards. You will be able to collect your favourite football players and
can earn passive income from that, you will also be able to compete against other players
Cheers Mr F. Land of Hope and Glory – nice touch 😉
haha… SnoopDogg has nothing to do with fine arts. This is just a marketing gimmick devaluating fine arts. Same as all these celebrity NFTs: useless. I got some amazing artwork from famous artists for very cheap on Binance. I like this platform… more than Liquidify 😉
I think it's OK. You can choose not to use this platform. From an artist stand point it is a very nice bonus, but from a collectors view these high royalities are a bit strange to me. Always depends on the scale, but life-long royalities of 10% is huge. Take the Beepl one for example. So on every sale, Beepl gets at least 7 million dollars (probabyl much more). This is just ridiculous. I am an artist, but still think royalities like this are not really necessary. After all you are not selling your intellectual property as such. The buyer can not use your work for commercial projects, like using your music and sell it to a movie or use your animation to sell it for advertising projects for example. This is what roaylities were meant for, so somebody else does not get rich of your work/ ideas. But if you just buy a piece of art. It's yours, why would you have to pay, if you decide to sell this 1 object to someone else? The intellectual property always stays with the artist. The artist can sell 100 more of the same, if he chooses to.
😂 Airport restaurant analogy was excellent. 🤣
ROYALITIES ROYALTIES ROYALTIES!!!! THANK YOU!!!!
I find it baffling how so many people manage to consistently sell low effort nfts with a small following
Is there any drawback of mintable. I mean minting is free there but there are no sellers .
I keep digging around to find out if ive misunderstood this but I still can't find anything other than their 1% royalty offer! Part of me hopes I go that wrong