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– Stars.Art is a TRUE DAO-powered community-centric NFT Marketplace for artists, creators, collectors, and investors
– NFT holders can generate income from their priced assets on Stars.Art without actually selling them
– Stars.Art boosts NFT holder revenue by offering 70% lower transaction costs than industry’s leading marketplace
DUBAI, Aug 26, 2022 – (ACN Newswire) – Nonfungible token (NFT) sales topped $4.4 billion in January but have noticeably decreased in the following months. The May market crash accelerated the decline and caused sales to plunge to $1 billion by June – a 65% drop from January. Ostensibly, the revenue earned by NFT holders is at frustratingly low levels through restrictions and market manipulation, which the security vulnerabilities of centralized platforms can only exacerbate.
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Yet some key data indicate that it isn’t as apocalyptic as others make it sound. Despite recent turbulence in the overall market environment, long term perspectives look promising: The global NFT market size is expected to reach $130 billion in 2030, registering a revenue CAGR of 10.7%, according to Emergen Research.
Boosting the NFT economy’s revenue
Stars.Art NFT Marketplace has introduced a number of exciting features to make earning revenue more favorable for NFT holders. One is offering low to zero trading commissions. Sellers pay a maximum commission of 0.75% per transaction, while buyers don’t pay fees at all. This…
Full story available on Benzinga.com
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