What happens if I don't pay the royalty fee for my Bored Ape NFT?

3 answers

• Jan 12, 2022 · 3 years ago
  Well, if you decide not to pay the royalty fee for your Bored Ape NFT, you may face some consequences. While you won't immediately lose ownership of the NFT, the creator or platform may take certain actions. They could restrict your access to certain features or benefits associated with the NFT. Additionally, they may choose not to support or promote your NFT in any way, which could impact its value in the market. It's important to carefully consider the terms and conditions of owning a Bored Ape NFT before making any decisions.
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• Jan 12, 2022 · 3 years ago
  If you don't pay the royalty fee for your Bored Ape NFT, it's unlikely that you will face any legal actions or penalties. However, the creator or platform may have the right to take certain actions to protect their intellectual property. This could include restricting your access to the NFT or taking other measures to enforce their rights. It's always best to comply with the terms and conditions set by the creator or platform to avoid any potential issues.
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• Jan 12, 2022 · 3 years ago
  As an expert in the field, I would advise against not paying the royalty fee for your Bored Ape NFT. While you may not face immediate consequences, it's important to respect the rights of the creator and support the ecosystem. By paying the royalty fee, you contribute to the sustainability of the project and ensure that the creator receives the recognition and compensation they deserve. Remember, the value of your NFT is also influenced by the overall success and reputation of the project.
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