A while back I had the opportunity of join an NFT community dubbed “The Bear Market.” This NFT is minted on the Zilliqa blockchain and on 10/25 “Ark” was released to the public. Ark is the NFT Marketplace on Zilswap and it’s design is beautiful. The Bearmarket NFT was the first to have a home on the Ark marketplace soon followed by the Non Fungible Ducks, Unicutes, Dragonzil and Zilmorphs .
What came to a surprise for everyone who decided to get a bear found out some great news about royalties. First, in order to qualify for these royalties, you’ll have to have held your bear for 30 day. If you are one of the holders, you’ll receive 15% of all Zilswap processing fees and 100% of royalties earned from ”The Bear Market” NFT is donated back to bear holders.
The idea of royalties and payouts from processing fees is only the beginning in my opinion of how far monetary gains can come from digital art. With Ethereum and it’s NFT Marketplace opensea.io, you also have Solana and Cardano with their own marketplaces also. There’s even a show in development using NFTs and paying out royalties. With NFTs anything is possible, are you invested in any? If so let me know with a comment