Resale Royalties
One of our key objectives is to ensure that we maximise potential revenue from each project. With that in mind the “Secondary Market” is key to maximising the collection revenue in the long term.
A secondary market is essentially a market place where minted NFTs from your collection can be re-sold and/or traded by the original and subsequent buyers.
Opensea is presently one of, if not The, largest secondary marketplace in the NFT space. Buyers of NFT’s can choose to list their new purchases (or old ones) on Opensea.
This presents us with an opportunity to cash-in on resale royalties.
All our Smart Contract technology allows us to build in a “Resale Royalty”.
This will be an amount decided upon and set in place at the original launch point. For example, we would typically recommend setting reseller royalties at 10% which will generate a royalty of 10% each time one of your NFT’s is sold on a secondary market in the future. *
Resale royalties are receivable on each and every transaction for ever into the future.
*Details of how Resale Royalties are distributed between us and our clients are subject to agreement during the project partnership agreement.
Perfect execution of the above moving parts will result in a successful NFT Collection.
All that’s needed now is for us to talk!
Let’s talk!