Quit Calls BAYC Trading Platform Fees a 'Royalty Compensation' to Create a Safe Collecting Environment
Quit stated on an English social platform that the trading platform fees on bayc.com/trade will be paid to creators, regardless of whether their NFT contracts enforce royalty terms. The goal is to provide a safe trading environment for collectors while continuously empowering creators.
He emphasized that this design separates "protocol-level royalty enforcement" from "platform-level fee distribution": even if contracts no longer enforce royalties, the platform can still allocate part of the trading revenue to project parties and artists through a unified fee rate, reducing the pressure on creators to passively concede profits in a "zero-royalty competition" environment.
In terms of market mechanism, this approach transforms trading platform fees into a "creator revenue pool," allowing high-frequency trading and market depth to provide ongoing cash flow to original creators without sacrificing security, thus offering collectors a more stable ecosystem. Creators can maintain their long-term economic rights through platform rules rather than relying solely on contract constraints.
Source: Public Information
ABAB AI Insight
Historically, the NFT market has seen a growing conflict between creator income and platform competition after several rounds of "mandatory royalties → zero royalty bidding". Some trading markets have canceled or weakened royalty enforcement to attract traffic, causing original creators to almost lose long-term revenue in the secondary market. Quit's mention of "platform fee sharing with creators" is a counter-correction to this evolutionary path—shifting from hard constraints at the smart contract level back to soft constraints at the platform rules and community consensus level.
In terms of capital pathways, this revenue-sharing structure transforms the funding flow from "pure traders and platform sharing" to a "three-party sharing": the platform fees paid by buyers and sellers not only enter the platform's profits but also inject into the creator revenue pool based on a preset ratio. As a result, project parties and artists gain passive income that fluctuates with trading volume, turning original assets from one-time minting revenue into long-term cash flow assets tied to market activity, enhancing incentives for ongoing creation and IP maintenance.
In analogy and industry positioning, this model is similar to how music and video platforms continuously pay creators through playback sharing, rather than relying solely on albums or one-time licenses. In the NFT space, the combination of "platform fee sharing + weak royalty contracts" provides a middle path for the collecting market that balances liquidity and creator rights: it neither completely abandons original creator revenue due to zero royalties nor blocks high-frequency trading due to high royalties, with the platform playing a structural role in "re-coordinating the interests of creators and traders" in the industry.
In structural judgment, the essential change belongs to "pricing power transfer + industry chain reconstruction": the pricing power of creator revenue partially shifts from a single contract parameter to platform fee rates and sharing rules; the NFT industry chain is also reconstructed from a linear structure of "minting → trading → platform cut" to an interconnected structure of "minting → platform rules pricing → trading volume driving shared revenue for creators and platforms". In this framework, if the platform can successfully establish "safe trading + creator sharing" as an industry consensus, it will have the opportunity to gain greater discourse power in the next "NFT szn".
ABAB News · Cognitive Laws
- When creator revenue shifts from royalties to platform fees, the rules—not contract code—truly determine artist income.
- For NFTs to return to prosperity, they must provide both security for collectors and long-term sharing for creators.
- Once the platform turns fees into a cash flow pool for creators, trading volume becomes not just speculation but a lifeline for the ecosystem.