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Royalty Cap-Free NFT Marketplaces : Okcoin

Crypto exchange platform Okcoin announced the launch of Okcoin NFT, the company’s own NFT marketplace that will offer retail investors zero transaction fees.

According to the company, the marketplace will be the first in the world to offer the creation and trading of NFTs on multiple blockchains without placing a cap on creators’ royalties. In particular, the royalties that creators can charge for secondary purchases of their artwork. In addition, to kick off the new launch, Okcoin will debut a series of limited-edition NFTs, which will be given away for free on a first-come-first-serve basis to members joining the now open waitlist.

“In the same way that blockchain technology empowers financial freedom with cryptocurrency, it empowers creators with NFTs. We’re launching a free market for NFTs where prices and profits will be determined by supply and demand, more so than anywhere else,” said Hong Fang, CEO of Okcoin.

Image Credit: Okcoin

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