Cryptocurrency Q&A
Does owning an NFT make you money?
Does owning an NFT make you money?
amelia_martinez_engineer
Mon Nov 11 2024
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6 answers
1109
I'm wondering if owning an NFT can actually generate income. I've heard a lot about NFTs and their potential value, but I'm not sure if they are a good investment or just a fad.
6 answers
Stefano
Wed Nov 13 2024
The creator receives ongoing payments indefinitely, as long as the NFT is traded.
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Luca
Wed Nov 13 2024
Upon the purchase of an NFT, the creator is entitled to a percentage of the sale price.
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Michele
Wed Nov 13 2024
This financial benefit extends beyond the initial sale.
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CryptoProphet
Wed Nov 13 2024
For every subsequent transaction involving the NFT, the creator continues to receive a portion of the sale price.
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SolitudeEcho
Wed Nov 13 2024
Essentially, this mechanism operates like a royalty system.
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