A Look at NFT Royalty Revenues

The meteoric rise of NFTs has transcended traditional conceptualizations of value accrual. Unlike more straightforward notions anchored in tangible fundamentals, NFTs’ value accrual through cultural impact sometimes evokes flabbergasted reactions among curious outsiders. Typically, the carefully calibrated orchestration of various soft factors tends to be responsible for the enduring success of prestigious NFT projects, as opposed to the mere interplay of various hard factors.

By the same token, the advent of this seminal technology has wreaked havoc with entrenched revenue models that have remained unquestioned for a long time. Instead of being completely reliant on primary sales, the crucial business model innovation spawned by NFTs disintermediates exploitative middlemen, which allows NFT projects to leverage additional revenue streams that are generated on the secondary market without the need for parasitic intermediaries.