1/n
Regarding @Memeland's 9% royalty rate, I just had an in-depth discussion with several teachers. I summarized it as follows. You can take a look. It will be very helpful for you to think about the problem from the perspective of the project party in the future.
(1) The level of royalties determines the project's royalty income, needless to say
(2) The level of royalties affects the paper hand rate. High royalties may be intended to increase the diamond hand rate#NFT#NFTs
2/n
3⃣Royalty level affects transaction volume. Misconception: If the royalty is low, the project's royalty income must be lower, because royalty income = transaction volume * royalty%, if the royalty% remains unchanged, the transaction volume increases, and vice versa.
Let's take memeland as an example. With a 9% royalty rate, a transaction volume of 4000e, the royalty income is 360e. If the royalty rate is set at 5% or less, the transaction volume doubles to 8000e, and the royalty income is 400e, which is more than 360e.
3/n
The royalty income is 40e more than the 9% set, let's think about a few more questions
(1) If the rate is below 5%, the trading volume can double to 8000e?
A: Most likely, the popularity of memeland is equal to that of AG last time. The transaction volume of AG on the opening day was 10836e
(2) Which one is more certain: 9% directly receiving 360e or 5% with a high probability of doubling the transaction volume and then receiving 400e?
Answer: The former is bigger
(3) Does the project owner know the impact of 9% or lower royalties? If so, what is the intention?
Answer: Judging from the professional management and operation of the project party, we definitely know; then is the purpose to cut level 1 and then level 2 while the market is hot to suck blood in the bear market or to control the paper hand rate?
Answer: This is an open-ended essay. Please leave your answer in the comment section below.