Do Creator Royalties Matter?

While creators once benefitted from royalty fees long after launching their work. Now, with Pseudo-Swap, royalties can easily be bypassed, and people are debating whether or not the fees are relevant to today’s landscape. Join us today as we discuss the critical questions that this conversation raises, and what we feel your focus should shift towards. We touch on decentralization, how it gets taken too far, and where you are most likely to find the answers you seek. Thanks for tuning in! TIME-STAMPED SHOW NOTES: [00:26] How Pseudo-Swap has made it possible to bypass royalties and whether creator royalty fees are relevant. [00:51] The critical question of what your business model actually is. [01:20] Why the focus should not be on royalties, but rather how you curate your collectors. [02:44] How decentralization gets taken too far when the answer is more in the middle. [04:05] What happens when you focus on generating hype instead of creating a business plan. [04:15] What you should focus on instead: real business plans that have been proven to work. Tweetables: “As an artist in regular life, you’re not able to charge royalties for your painting, for your work, and whatnot. NFTs have allowed artists to sell their work online, and that itself is innovative and revolutionary within itself.” — @willxlee [0:00:50] “The focus should not be on royalties, but rather how you curate your collectors. How do you connect with them? How do you tell your story? That should be the focus.” — @willxlee [0:01:20] “When I forgo my long-term vision, everything I’m going to be doing is for the short term. What can I do to create hype? What can I do to one-up the other person? When you do that, there is no real business plan.” — @ericsui [0:03:52] Links Mentioned in Today’s Episode: Wilson Lee on Twitter Wilson Lee on Instagram Eric Siu on Twitter Eric Siu on Instagram The Littles Leveling Up Leveling Up Heroes Growth Everywhere Single Grain