Announcement from Fabric on New Incentives for Creators and Collectors

By Fabric
Feb 29, 2024, 5:01 PM
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Fabric, in a recent tweet, announced a new paradigm/meta where creators receive predictable monthly recurring revenue and collectors get increased value, aiming to realign incentives for both parties.​ This initiative aims to move away from the traditional model of selling an NFT just once and expecting lifetime value.​

Sources

We at @withfabricxyz are building the new paradigm/meta - no more selling an NFT one time & collectors expecting a lifetime of value. We’ve realigned the incentives for BOTH parties. Creators get predictable monthly recurring revenue & collectors get outsized value. Win-win.

Jonny Mack
Jonny Mack
@_nonlinear

doubled in 11 hours: 3.72 ETH (~$11,150) from 107 subscribers .35 ETH (~$1,069) in rewards

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