Jack Butcher Critiques NFT Royalties: ‘Payments Based on Constant Reselling’

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Insights from the Creator Behind the $240 Million Opepen NFT Collection

Jack Butcher, the mastermind of the viral Opepen NFT series that has amassed over $240 million in trading volume, shares a fresh perspective on the controversial topic of NFT royalties. He challenges the traditional royalty model, suggesting that it essentially rewards repetitive sales rather than long-term value.

• Explores the impact of royalties on NFT market dynamics
• Questions the sustainability of earning from continual reselling
• Offers a unique viewpoint from a top NFT creator

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