Estimated read time: 1 minute 2 seconds.
GM fellow beliebers !
Zooms quickly past readers because I got no time
Today we talk about Royalties !
There's been a lot of debate on royalties:
so I wanted to share some data from an artist perspective.
As an artist with 3 big projects, I earned good royalties in 2022.
Guess what happened early 2023 ? (hint: it starts with opensea and ends with no royalties)
I have 3 major projects:
Entropy: Sep 2022
TPIAR: Jan 2023
Bit Rot: Nov 2023
Bit Rot earned nearly double the revenue but 10x fewer royalties.
Where does that lead us?
Royalties don't really exist anymore (for Editions)
They are considered "tax" by many collectors
my decision is clear.
I will keep 30 editions as Royalties replacement (to sell as needed)
and
Zima will be a 0% royalties project.
See you next week ✌
Nahiko
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Nahiko
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