Bored Apes Propose Room For Creators Model For Tokenized Avatar & NFT
The Bored Apes founders have proposed a new model for NFT creator royalties, which would be the first of its kind. The new model, called Creative Commons Zero, would allow creators to receive no compensation for their work, but would instead ask that they credit the artist. In this way, the founder can benefit from their work in other ways .
It's an attempt to solve a problem with how NFTs are created and sold, said one of the founders. If you're going to make someone pay for something that they didn't create, you should make them compensate the person who did.
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