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Can the royalty fee for Bored Ape NFTs be waived or reduced?

avatarDhananjay KharatDec 26, 2021 · 3 years ago3 answers

Is it possible to waive or reduce the royalty fee for Bored Ape NFTs? How does this fee work and can it be negotiated or adjusted?

Can the royalty fee for Bored Ape NFTs be waived or reduced?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As an expert in the field of digital currencies, I can tell you that the royalty fee for Bored Ape NFTs is a standard feature of the platform. It is designed to ensure that the original creators of the artwork receive a portion of the proceeds from any subsequent sales. While it may not be possible to completely waive or reduce this fee, it is worth reaching out to the platform or the creators themselves to discuss any potential adjustments or negotiations. Keep in mind that the royalty fee is an important aspect of supporting artists and maintaining the value of the NFTs.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! So, the royalty fee for Bored Ape NFTs is actually a way to support the artists behind these unique pieces of digital art. It's like a little thank you for their hard work and creativity. While it may not be possible to get rid of or lower the fee, you can always try reaching out to the platform or the artists to see if they're open to any negotiations. Just remember that these fees play a crucial role in supporting the art community and ensuring the long-term value of these NFTs!
  • avatarDec 26, 2021 · 3 years ago
    The royalty fee for Bored Ape NFTs is an integral part of the platform's ecosystem. It helps support the artists and ensures that they continue to receive compensation for their creations. While it may not be possible to waive or reduce the fee, it's always worth exploring the possibility of negotiation. You can try reaching out to the platform or the creators to discuss any potential adjustments. However, it's important to remember that the royalty fee is in place to support the artists and maintain the value of the NFTs.