this post was submitted on 21 Sep 2023
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Technology

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[–] festus@lemmy.ca 7 points 1 year ago

If the values fall low enough relative to transaction fees then there won't be any transactions at all for creators to collect royalties. Also values can drop to literally $0 if it isn't even worth a buyer or sellers time to deal with the NFT (i.e. seller can't find buyer at any price or doesn't bother trying).