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Byepix-DAO Mechanism (For Artists)

Estimated reading: 2 minutes
Even celebrities like Snoop Dogg and Lindsay Lohan publish their unique memories, their artworks as securitized NFTs.

Blockchain technology and NFT offer artists and creators a unique opportunity to monetize their wares. For example, artists no longer rely on galleries or auction houses to sell their art. Instead, the artist can sell it directly to the consumer as an NFT, allowing them to make more profit.

In addition, artists can program in royalties so they can receive a percentage of the sale when their work is sold. This is an attractive feature because artists often cannot generate future revenue after first selling their work.

Art isn’t the only way to make money with NFTs. Brands like Charmin and Taco Bell have auctioned off themed NFT art to raise money for charity.